|It May be Efficient; I Just Don't Want to See It|
|Subject||Construction of Solar Panels Imposes a Negative Externality on Neighboring Property Owners|
|Topic||Supply and Demand; Economics and the Environment|
Negative Externality; Demand; Supply
While many people support the use of solar power, they don't want their neighbors to use it. The primary argument these opponents offer is that the unattractiveness of the solar panels reduces surrounding properties' values. The presence of this negative externality has caused some homeowners' associations to enact restrictions against the use of solar panels on association-members' homes. In fact, a number of associations have tried to take members to court to prevent the construction of solar panels on houses, especially given the significant increase in power generation from solar energy over the last 10 years.
In response, solar-panel manufacturers have begun creating panels that look increasingly like roofing materials such as shingles or skylights.
(Updated April, 2004)
|Source||Jim Carlton, "Most People Favor Solar Power, But Not in Their Neighborhood." The Wall Street Journal. 25 February 2004.|
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