Goggle is a big investor in rooftop solar. It is a great deal. Through federal and local tax credits along with utility investments, Goggle can earn 10 to 20 percent to finance highly inefficient generation of electricity. The utility investments are required by law in many states. In Colorado, Xcel Energy is guaranteed a 10 percent rate of return on its part of the investment. Democrats get lots of campaign cash, big business is guaranteed excess profits, labor cartels are guaranteed above market compensation, and rooftop solar owners obtain relief from escalating electricity rates. Who cares about the ratepayer and taxpayer shoulding the burden of this vicious cycle of legalized corruption? Since the government can print money without limit, the taxpayer has not been bothered to bear the burder of higher taxes and interest rates.
Please explain to me how harvesting a portion of free energy is “highly inefficient”?