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Politics : Politics of Energy

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To: Eric who wrote (73984)1/4/2017 11:09:10 AM
From: Brumar891 Recommendation

Recommended By
TimF

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If that's true, there should be absolutely no mandating or extension of special subsidies to solar. When states like CA and WA mandate solar power they make it look like solar power sucks and people have to be forced or bribed to use it.

From a Washington state solar power site bragging about the financial incentives solar gets:

The Feds offer a tax credit of 30% of out-of-pocket costs, so you'll get $5,625 back next April. Note: you can take the credit over two years if you don't owe $5,625 in Federal taxes this year.

But wait, Washington also wants to pay you for making clean energy! The state offers what are called "performance payments" for every kilowatt-hour (kWh) your system produces. The minimum payment is $0.15/kWh, which equals another $790 off your costs, bringing the year-1 total to just $11,861. The best part is those payments continue through June of 2020!

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