A shocking discovery
on why your power bill is higher than it should be
Chuck
Muth
March
26, 2015
When
it comes to electricity generation and transmission, I don’t know a kilowatt
from J.J. Watt. But I do know this: If
the government gets involved, someone’s gonna get shocked.
Indeed,
imagine my surprise when I discovered that my power bill – as well as yours -
is higher because we’re subsidizing the installation of solar panels on our
neighbor’s roof thanks to government meddling in the energy market.
A
recent in-depth article published by the Las Vegas Review-Journal detailed the growing
popularity of home solar systems as a way for people to cut their power
bills. However, the only reason these
solar systems are even close to affordable is because the federal government is
picking up a large chunk of the purchase price.
Indeed,
the article points out that you and I, through our tax dollars, are paying for “roughly
$9,000 off of a $25,000 system.” That’s
bad enough, but thanks to a 2003 law passed by the Nevada Legislature, NV
Energy is also forced to provide rebates to solar system homeowners that ratepayers
who can’t afford solar systems are paying for.
And
then there’s this nasty little thing called “net metering.”
Net
metering is how those with rooftop solar panels are able to cut their power
bills at our expense. Electricity, you
see, needs to be constantly generated and transmitted to your home. It can’t be stored like a can of beans and
opened anytime you need it. At least not
without installing some extremely expensive battery systems.
So
while solar panel users generate more than enough power for their personal use
during sunny days - and sell any surplus back to the power company at full
retail price for a “net” reduction in their power bill – they still must be
hooked up to the power company’s grid at night and on cloudy days.
And
even though the power company can purchase or generate electricity at far lower
prices from traditional power plants than what the government forces it to pay
to your neighbor with the rooftop solar panels, it doesn’t have any
choice. Buying electricity from your
neighbor at inflated prices is mandated by law.
In
other words, your electric bill is higher than it should be because your power
company is forced by the government to pay an above-market price for
electricity to your neighbors who can afford the high cost of
taxpayer-subsidized solar systems.
“Net
metering, as currently implemented,” the American Legislative Exchange Council accurately
explains, “is a regressive tax subsidizing the rich by picking the pockets of
the poor.”
Look,
I’m not against solar power. But I am
against paying more for it just so my well-to-do neighbor can artificially pay
less for it. Time to turn the lights out on this government meddling in the
energy market.
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(Mr.
Muth is president of Citizen Outreach and the publisher of www.NevadaNewsandViews.com. He personally blogs at www.MuthsTruths.com)
You can read this column online, as well as access archives
of past Muth's Truths columns by clicking here... www.MuthsTruths.com |
Friday, March 27, 2015
MUTH'S TRUTHS 03/27/2015
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