February 26, 2011
"Sustainable" Energy Unsustainable
Live by the subsidy - die by the subsidy.
More than 200 supporters of solar energy rallied on the west steps of the state Capitol this afternoon to protest Xcel Energy's decision to cut incentives for solar system installations.
Had this been a "Teabaggers" rally the narrative would have been "Nearly 200 opponents of the Obama Administration rallied ..." But I digress.
"It has created a lot of fear in the industry. My job is on the line," said Gary Gantzer, a Boulder resident and installer for Namaste Solar who was at the rally with his two young children.
So what you're saying is, those jobs might never have existed in the first place had those subsidies not been given. Given by whom, you may ask. Ratepayers.
A 2 percent charge on utility bills supports the program and other efforts to promote renewable energy development.
How much subsidy, you may ask.
Since 2006, the program has provided $274 million in incentives for 9,346 installations on homes and small businesses.
9,346 incentives over a 5-year period is about 1,870 subsidies per year. And the average cost of each subsidy: $29,317.
Just for fun - Number of years the average solar subsidy could pay the electric bill of an average American home? 306 (and 5 months.)Colorado Deleterious Anthropogenic Warming of the Globe Dirty Hippies Don't Demand the Unearned Oil and Energy Posted by JohnGalt at February 26, 2011 12:25 PM