S0 Longwood Gardens has now put 10 acres of virgin ground into darkness under these “attractive” (NOT) solar panels. It will make the amount of electricity that would power 138 homes.
They are afraid that they won’t be able to expand this with the other phase that they had planned because there is a glut of the solar energy credits on the market that make this economically feasible. They only have value because the electric companies are forced to buy the credits by law. The costs are then passed on, through higher electric rates, to consumers who are already having a hard time paying their bills in the “ObamaConomy”. The Longwood director says:
But as far as the second phase, “As far as I’m concerned, the project’s dead, until the State of Pennsylvania gets its act together,” Redman said.
But help may be on the way, the PA legislature is considering a bill to force the companies to buy more of these worthless credits. So he looks forward to the state taking more money out of the pockets of the long suffering homeowners to fund this homage to the Greenys. Delaware has dealt with the low price problem caused by the glut of these SRECs by “Price Fixing” them at above market rates. So we Delawareans are being ripped off two ways. We have the best politicians money can buy! Yea!!