Sunday, February 5, 2023
Hawai'i Free Press

Current Articles | Archives

Wednesday, September 2, 2015
Big Solar's Subsidy Bubble
By NCPA @ 9:40 PM :: 4297 Views :: Energy

Big Solar's Subsidy Bubble

From NCPA September 2, 2015

At the National Clean Energy Summit in Las Vegas last week, President Obama celebrated the solar industry's remarkable job creation as evidence that government "investments" work.  The solar industry employs twice as many workers than the coal industry and the number of jobs in solar has grown ten-times faster than the rest of the U.S. economy.

However, this is just as much an indictment of the Obama Administration as it is a notable success. Many experts are concerned that the solar bubble will burst if government subsidies run dry.

  • A 30% federal investment tax credit and lower prices on photovoltaic panels have created a rush to build solar energy installations.
  • The number of solar installations -- solar panel units installed on the roofs of homes and businesses to harvest sunlight for power -- increased 30% last year.
  • Solar-leasing companies incentivize customers by offering zero-down installation and low introductory monthly service fees that increase over the length of the 20-year lease agreement.
  • Solar-leasing companies pocket the service fees and tax credits while customers are promised lower energy bills.
  • States want to reform their current net-metering policies that require utility companies to purchase, at retail price, excess energy harvested by a customer's solar panel installation.

Members of Congress, including four Democrats from solar-rich states, have voiced concern that solar installation companies are engaging in deceptive marketing in order to attract new customers. But even as their client rolls increase, changes to the net-metering rate in many states are threatening the business model of solar installation firms.

The solar industry's top lobbyist has threatened massive job cuts if any State attempts to reform their policy. Unsurprisingly, the utility commission recently bowed to the political pressure and temporarily extended current net-metering rates.

Source: "Review and Outlook, "Big Solar's Subsidy Bubble," Wall Street Journal, August 30, 2015.


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni


Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together



Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii


Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii