As planned, our strata Annual General Meeting was on February 25. We had just enough owners and proxies for a quorum under our bylaws - 22. Half of the meeting was quite routine - review of the budget, some small extra expenditures on paint, plumbing, and an asbestos report. The big topic was the Solar on a Strata proposal.
Deutsche Bank says that solar electricity in the US is on track to be as cheap or cheaper than average electricity-bill prices in all but three states by 2016—assuming that the federal government maintains the 30% solar investment tax credit it currently offers homeowners on installation and equipment costs.
But even if the credit is reduced to 10%, solar power would still achieve price parity with conventional electricity in some 36 states by 2016.