It’s going to cost a whole lot more than that.
That it is. The number listed is just the DOE’s contribution. The link has more information on the total costs.
50 million for the grid.
10 trillion to take care of illegals so that they can cut the lawns of millionaires at below market rates.
Let’s go with that.
Why does the Fed need to give money for any of this stuff ?
Isn’t it in these companies’ best interests to modernize their plants and systems ? It would probably be worth more to the electric companies if the feds were to contribute in other ways — like removing regulatory hurdles to fast-track projects, allowing expensing vs. depreciation of capital improvements, etc.
Instead, Washington writes checks and probably adds regulatory hurdles and overhead to track how the money is spent.