Augustus

Another Solar Blow: Spain May Cut Its Incentive Program

Pretty interesting to see the amount of the subsidies. 0.50 Euro / kWh would be about $0.75 or so. Most of the US can probably get power for less than $0.15. My personal rate, taxes and all, is about $0.10. So the EU countries will pay a SUBSIDY of seven times my electricity rate. And the consumer will still be paying on to of that. So, what is a final total cost for this solar power - maybe $1 a kWh? That is a good deal and makes economic sense for whom? Seems to me it is only the equipment suppliers. Then the consumers are still left with the eventual expensive cost of disposal of these things with all the HazMat component.