Thursday, March 26, 2009

The Solar "Solution"

Oh, yah. This shit works...

How efficient are the solar panels that were inspected by President Obama? The Denver Museum of Science isn’t telling. But you are helping to foot the bill for the solar array that won’t pay for itself until the year 2118

...A 2008 article in the Denver Business Journal sheds further light on the subject. The article notes the total price of the solar array was $720,000. And Dave Noel, VP of operations and chief technology officer for the Museum, was quoted as saying, “We looked at first installing [the solar array] ourselves, and without any of the incentive programs, it was a 110-year payout.” Noel went on to say that the Museum did not purchase the solar array because it did not “make sense financially.”

Additionally, most solar panels have an expected life-span of 20 to 25 years
.

In the case of Denver, the "incentive programs" include a tax paid by ALL electric customers of Xcel Energy.

So the 110-year-payout becomes a 20-year-payout.

Sounds like an 85% "subsidy"--more or less.

Obamunism!

HT: Malkin

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