At this point, a few liberals, smug in the warmth and comfort of their tiny little minds, might bleat that I am being "hypocritical" for accepting a "government handout". But the action I am taking is precisely that which this subsidy was designed to produce, i.e. producing more 'green' energy. Will they argue against that which helps save the planet? Argue against those subsidies they concocted and then pushed through the legislature?? Berate me for merely doing what they asked of me???
Besides, most of the "subsidies of corporations" and "tax cuts for the rich" of which they complain, are simply deductions that, allow a person or business to keep a little more of what they themselves make, if they do the things that government proscribes. Remember too, that most of the "loopholes" that demagoguing politicians rail against are those very deductions that they wrote into the law for themselves and their rich friends. We will pause here a moment to consider the dilemma of liberals trying in vain to balance this train of thought, nicely illustrated here:
Greenness, however, you may have guessed, was not the primary motivating purpose of the endeavor. Nor the fact that I am helping out a beleaguered utility company, forced to accept foolish, ever higher quotas for solar energy production by our notoriously wacky California legislature. With the invisible hand gloved in a subsidy, the proposal penciled out pretty well. My monthly payments will be approximately what I have paid for a combined bill of gas and electricity, averaged over the last 24 months. Yet, the solar array will produce a little over twice my annual consumption, or, in layman's terms, 1.21 jiggawatts.
Therefore, it will be visible from outer space.
Producing twice the energy I require (you are welcome, California!) should both offset my gas bill and generate a small profit from the remainder of the buyback. In addition, it is a hedge against the cost of inevitable energy increases for the foreseeable future. Also, I believe it will also add value to my home when it is eventually sold, though again, not in the foreseeable future. The solar company also provides you with a gizmo where you can monitor the output of the array, so I can sit like Scrooge McDuck on the bags of money in my vault, and actually watch the solar dollars roll in! Plus, it enables me to act upon my dislike of my utility company, (even though I am helping them out), and stop sending them a check every month.
It's good to own your own power company. I'll keep you posted if that should ever change.
Cross posted at Proof Positive