Wednesday, October 12, 2016

Solar Generated Electricity Costs the Taxpayer $$$

One of Hillary Clinton’s wackier ideas is to build half a billion solar panels — at taxpayer expense. It would be one of the largest corporate welfare giveaways in American history. The Institute for Energy Research (IER) estimates that the cost of the plan will reach $205 billion. That’s a lot of money to throw at Elon Musk and all of Hillary’s high-powered green energy friendsWashington Times

Look at the relative size of the subsidies for the different energy sources provided by the U. S. Government, ie taxpayers!

This is another massive wealth transfer mechanism from all the taxpayers to the select few that have solar generated electricity available. Of course the banks, solar electric plant constructors, operators and the Chinese that manufacture the solar panels are the real winners. What a great deal - NOT! 

2 comments:

  1. I am asking a question here. This chart seems to show a subsidy of 231 dollars and some change per KWH of solar? Is that not an overstatement?

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    Replies
    1. It is $231.21 per megawatt hour or $0.23 per Kilowatt hour. That is still a very large number, but, it comes from the EIA.

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