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$17,000 per home loan given to the power company? (Read 3253 times)
electron
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$17,000 per home loan given to the power company?
Sep 28th, 2011 at 2:23pm
 
"$737 million loan guarantee to Tonopah Solar Energy for a 110 megawatt solar tower on federal land near Tonopah, Nev." "the Nevada project would produce enough electricity to power more than 43,000 homes"

Not that I don't like solar projects, but if each of those homes spent $17,000 each on their own solar install they could power their own homes, probably have some left over most of the year and pump that back to the grid with a grid tie inverter that would be included in that price, and pay nothing to the power company for more then 30+ years!

Now they have to pay the power company to get that solar power?

How does that make sense?

http://www.forbes.com/feeds/ap/2011/09/28/general-multiutilities-us-solar-energy...
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