REPORT: Solar Energy Subsidies Cost $39 Billion Per Year
A new report from the Taxpayers Protection Alliance revealed solar power has received $39 billion a year in Federal subsidies over the last five years while only generating 0.6% of the country’s electricity, reports the Washington Free Beacon. In addition to Federal support of the solar power industry, states offer additional subsidies and a total of 538 rebate programs. The Taxpayers Protection Alliance urged Americans to evaluate whether these subsidies are wise in view of their disappointing results.
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