Latest "clean energy" scam supported by Obama
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Latest "clean energy" scam supported by Obama
This is an excerpt from an article published by the Independence Institute.
Hope and change baby!
Before signing the $787 billion stimulus package into law on Feburary 17, 2009, President Barack Obama and Vice President Joe Biden toured an array of solar panels on top of the Denver Museum of Nature and Science. The photo-op allowed the President to once again extol the virtues of the coming “green” economy.
According to the Denver Post's article on the event, “The sun generates enough energy on the museum rooftop to power about 30 homes.” However, that claim cannot be verified at this time, and in fact, seems to be belied by the scant information provided by the museum and other sources.[1] Laura Holtman, Public Relations Manager for the Museum said in an email, “Because the array generates less than 5 percent of the Museum's power, [the purchased energy] is not a particularly large bill.”
The Independence Institute asked the Denver Museum of Science and Nature to provide certain statistical information regarding the now-famous solar array. Specifically, the Institute asked for:
1 ) Two years worth of electric bills prior to the installation of the solar array,
2 ) All electric bills following the completion of the installation.
The Museum denied those requests.
The solar array is not owned by the Museum, however. It is owned by Hybrid Energy Group, LLC. HEG owns the solar array, sells the electricity to the Museum, and receives tax incentives from the state and federal governments, while also receiving “rebates” from Xcel Energy. The rebates are funded by a surcharge collected on the monthly bill of every Colorado Xcel customer.
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...
...“Colorado citizens need to know that these policies will result in a significant dislocation of our industries, a fall in income and employment, and rising costs to consumers. These burdens will fall primarily on low income families. Nowhere in these proposals for a 'new Energy Economy' is there any discussion of the costs that these policies will impose on Colorado citizens.”
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Hope and change baby!
Grim17-
Number of posts : 430
Age : 59
Location : Phoenix, Arizona
Registration date : 2009-01-17
Re: Latest "clean energy" scam supported by Obama
Grim, I think the bigger picture here is the fact that the solar panels are even being used. Isn't that a positive no matter how you look at it? The more solar energy produced the less non-renewable resources are used.
Big Slick-
Number of posts : 403
Location : Dallas
Job/hobbies : Poker
Registration date : 2009-01-13
Re: Latest "clean energy" scam supported by Obama
Big Slick wrote:Grim, I think the bigger picture here is the fact that the solar panels are even being used. Isn't that a positive no matter how you look at it? The more solar energy produced the less non-renewable resources are used.
The point is that the panels are not efficient. They cost $720,000 to install. If I am reading this article correctly the amount of money they save in energy costs will take 100 to 110 years to equal the cost of the $720 k installation. The panels normaly last 20 to 25 years. Doesnt add up.
To be honest it sounds about as efficient as most lib projects and green ideas do.
Jax74-
Number of posts : 37
Age : 49
Registration date : 2009-03-09
Re: Latest "clean energy" scam supported by Obama
Big Slick wrote:Grim, I think the bigger picture here is the fact that the solar panels are even being used. Isn't that a positive no matter how you look at it? The more solar energy produced the less non-renewable resources are used.
At what price?
You want your energy bill to increase 5 fold?
I don't...
Like I said to someone before... If we impose all the things Obama is proposing, America society will be become the healthiest, best educated, most environmentally friendly population of homeless people on the face of the earth.
Hope and Change Baby!
Grim17-
Number of posts : 430
Age : 59
Location : Phoenix, Arizona
Registration date : 2009-01-17
Re: Latest "clean energy" scam supported by Obama
Jax74 wrote:Big Slick wrote:Grim, I think the bigger picture here is the fact that the solar panels are even being used. Isn't that a positive no matter how you look at it? The more solar energy produced the less non-renewable resources are used.
The point is that the panels are not efficient. They cost $720,000 to install. If I am reading this article correctly the amount of money they save in energy costs will take 100 to 110 years to equal the cost of the $720 k installation. The panels normaly last 20 to 25 years. Doesnt add up.
To be honest it sounds about as efficient as most lib projects and green ideas do.
Ding Ding Ding... We have a winner!
Grim17-
Number of posts : 430
Age : 59
Location : Phoenix, Arizona
Registration date : 2009-01-17
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