Sunday, May 12, 2019

Bloomberg Solar Grant NOT Free

Everyone probably thinks the grant for installing solar panels on rooftops in Georgetown is free! Guess what? The $1M grant comes with "strings" attached.

The City Council is likely to approve accepting the grant at the Tuesday council meeting, unless Georgetown residents tell them no more. Look at the budget associated with the grant.

click to enlarge

Notice that $220,000 is expected to be paid by the rate payers!

Not only do we not need more renewable electricity because we are losing money on our current long term contracts for renewable energy, but, the city wants to acquire more renewable electricity and we have to pay a premium of $220,000 to get it.

When does the stupidity stop?

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