Posted on 06/16/2023 4:53:06 PM PDT by ChicagoConservative27
The solar industry in California has experienced several high-profile bankruptcies including one of its largest producers, Petersen Dean.
Now, another local solar company has shuttered, leaving homeowners with unfinished systems on roofs that aren't producing any power, not saving money on utility bills, and often there's still the financing of the equipment and installation that the customer is responsible for.
(Excerpt) Read more at cbsnews.com ...
The thieves got in, got their money, and are BK’ing out. It was a scam from the get-go.
I wonder how many millions in tax money they got? Solyndra set a precedent.
And...I just wonder how long it will be before the leftards demand that the taxpayers bailout those with unfinished systems.
Gee, this has never happened before when FedZilla poured hundreds of billions, maybe trillions, around the country for their pet projects.
More subsidies STAT! 🤡💩
Legalized pot can’t even make money in California
Shocking. Just shocking.
Hundreds of Solyndra type gonefs out there.
Isn’t this:
OBUMMER 2.0
If the solar panels themselves are defective, the manufacturer should be on the hook for replacement. If installation is the problem, that should be fixable at minimal cost. How hard can it be to connect electrical cables from the panel array to the home electrical system. You obviously need a competent electrician, but I presume those can still be found in California.
solar really is the answer but not sure the way we're going about it now....
first of all, it should be less costly.
I wonder how many of these people are Elon Musk’s Solar City customers.
This is actually TAUGHT in business schools under the semi-benign name of Subsidy Farming. (Grandson showed me his text-book!)
Hey, why are you sitting around typing?
Go show them how to fix iit all...
See Post #16...
I’ve told this story previously. There was a time in Kalifornia where both State and Federal Solar Power tax incentives were high. There was a new Solar Power company a few blocks from my office. They used a former farm facility. There was a large home/office, a very large barn, and a tool shed. They placed the solar company signs on the buildings. There were also a few vans and cars with the company name and logo. Within a few days of the end of the tax incentives, there was no trace of the company. All the building signs were gone, and all the vehicles were gone. It looked very much as it had before the solar company put up its signs.
Without government subsidies (taxpayer $$$) there is no ‘market’ for this crap. We have thousands of years of hydrocarbons. Add in the latest in nuclear energy generation, and abundant, inexpensive electricity would be available. Just look at what happened when President Trump let the drillers Drill Baby Drill. France is building more and more nuclear power to ensure electric power.
Abundant, inexpensive energy equals more freedom and more choices. The democRATS cannot stand free people making free choices.
Answer to what?
As long as it’s not forced or financed by our taxes knock themselves out.
Precisely on all counts.
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