The main reason is subsidies for wind and solar construction.
Continue reading Why cheap electricity doesn’t necessarily result in lower bills
Why cheap electricity doesn’t necessarily result in lower bills
Subsidies
Schumer’s green energy subsidies cost much more than Trump’s wall
“Extending tax subsidy provisions primarily benefiting wind and solar power would cost nearly $32 billion over the next four years, according to Joint Committee on Taxation estimates. Permanently extending these tax subsidies could add billions more to the tab. The committee estimates solar and wind tax subsidies will cost more than $7 billion in 2019.”
Warren Buffet’s Tax Farming in Nevada
Warren Buffet rushes to harvest federal solar subsidies before they start phasing out in 2020. Nevada ratepayers will be left holding the bag with expensive solar and battery storage junk technology.
