Over-generous subsidies and guaranteed over-the-market prices are the only explanation for rooftop solar. Having millions of mini (occasional) rooftop generation stations (aka domestic residences) never made any sense. Producing notionally ‘useful’ power for 5 or 6 hours a day - weather permitting - never made any sense, but nothing about the grand wind and solar … Continue reading Totally Busted: California’s Subsidised Solar Scam Implodes
Tag: Cost of rooftop solar subsidies
Sinking Solar: Sun Sets On Great Subsidised Solar Panel Scam
A decade back, householders with solar panels were the smuggest cats around. These days, not so much. In the beginning, they crowed about the (ludicrously generous) returns from the Government underwritten Feed In Tariffs (FIT) they received for power sent back to the grid (which in many Australian states often topped $0.50 per KWh, the … Continue reading Sinking Solar: Sun Sets On Great Subsidised Solar Panel Scam
Power Consumers Become Victims of Suicidal Subsidised Wind & Solar Push
No country that ‘invested’ in wind and solar has ever seen their retail power prices fall. In Europe, wind and solar ‘powered’ Germans and Danes are punished by Europe's highest power prices - around double that paid by the nuclear-powered French. Australia’s wind and solar capital, South Australia set the benchmark down under for crippling power … Continue reading Power Consumers Become Victims of Suicidal Subsidised Wind & Solar Push
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