We are now in the real world. Solco gets no government payouts anymore and seems to be still profitable. How many solar companies can survive without subsidies. Only a few and Solco is one of them. My electricity bills in Perth have more than doubled and I am fed up with paying those bills. To my knowledge there is no end to it. Solar power seems to be on price parity now with electric power. The difference between the two is that for a fact the price of Solar Power will never increase. The price of electric power will.
GOE Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Held