Did you know that solar facilities are subsidized to the tune of almost $50,000 per acre? Here is how the math works.
According to the U.S. Energy Information Administration, a new solar facility in Minnesota costs around $1.3 million per megawatt (MW) of installed capacity. Each MW of solar consumes approximately 8 acres of land, and the subsidy is 30 percent.
The result? Subsidies reaching nearly $50,000 per acre.
Companies would not be building solar if not for the lavish taxpayer subsidies and the ability for government-approved utilities to simply raise the cost of power on the ratepayers to finance them. This means our federal and state governments are essentially forcing the rest of us to finance the removal of productive farmland from production in exchange for solar panels that produce only 18 percent of their potential output.
Read more at: https://www.americanexperiment.org/solar-subsidies-amount-to-50000-per-acre/
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