Thursday, June 9, 2022

Solar Panels just raise my electric bill.

 Home owners with solar panel roofs can sell the electricity back to the electric company, when the sun is shining of course.  Homeowners get paid the retail rate, 25 cents a kilowatt hour, for their meager contribution.  By rights they should only get paid the wholesale rate, 10 cents an kilowatt hour.  As it is, the power companies are required by law to pay a ridiculous rate for electricity that they don’t need.  The power companies are all paying staggeringly high mortgage bills on their real power plants.  They have to pay the mortgage whether the plants are running or not.  So the homeowner’s solar power does nothing for the power company, it just costs them money.  Which they have to recover from rate payers like me.

  Now the TV is telling me that Biden is lowering the tariff on solar panels to allow Chinese panels to be sold in the US.  We will be sending good US dollars to an unfriendly China to pay for solar panels that just raise my electric bill.  Lets go Brandon.

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