You want to run your home with solar power? Well, more power to you. But don’t force your neighbors to pay for it.
That’s the message the Florida Public Services Commission delivered to power companies and environmental activists alike with its 4-1 decision last month to expand consumer access to solar power while protecting other Floridians from having to subsidize it.
Meanwhile in Arizona, the rooftop solar industry backed candidates Lucy Mason and Vernon Parker for the state’s Corporation Commission, which regulates public utilities, yet both Mason and Parker lost their Republican primaries. The central issue contributing to their defeat? The controversial policy of “net metering,” which both Mason and Parker supported and which shifts costs from residents with rooftop solar systems onto their often less-affluent neighbors who do not.
It appears the cold reality of public opinion is slowly beginning to overtake the media hype behind the “solar revolution”. Sunshine is the best disinfectant, as the saying goes, and the heavily-subsidized solar industry - spearheaded by Elon Musk’s SolarCity, among others - would just as soon keep customers, ratepayers and regulators in the dark as to how its services and financing schemes are making" knee deep" in cash while leaving the rest of us to pay the tab.
Take net metering, for example. Lewis Jennings of the Florida NAACP makes a case worthy of serious debate . “It’s all Wall Street and Silicon Valley types — already millionaires and billionaires — who are behind these rooftop solar companies and are taking advantage of net metering to market their product to customers.” Mr. Jennings further argues that rooftop solar customers tend to be well-off homeowners, while many working people who live in apartment buildings and public housing have no access to solar power, but nevertheless pay higher rates through net metering policies.
Very few people would install these rooftop solar systems at all if not for the federal tax break that comes with it. But you better read the fine print. Consumers only get the tax credit if they purchase the rooftop systems. Unfortunately for too many unsuspecting homeowners, all the growth in the solar business has come from people who lease their rooftop systems. And under a lease arrangement, the solar company gets the tax credit, not the homeowner.
Today's the Day: Scots to Vote For Whether or Not to Secede From the United Kingdom | Christine Rousselle
Lt. Col. Oliver North: Someone Needs to Tell The Truth, Obama's ISIS Strategy is Mission Impossible | Katie Pavlich
Townhall Magazine's October Issue Preview: Obamacare's Illegal Insurance Company Bailout | Conn Carroll