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To: NRPM

This might help you on subsidies.....

According to the Dept of Energy

• natural gas - 25 cents per megawatt hour of electricity produced
• Coal - 44 cents per megawatt hour
• Nuclear $1.59 per megawatt hour
• Wind Energy $23.37 per megawatt hour
• Solar Energy $24.34 per megawatt hour
• Biofuels $1.78 per gal

These numbers do not include the additional subsidies we taxpayers have been compelled to pay for wind, solar and biofuels through the stimulus plan

Oil was not reported in these numbers since oil is hardly a factor in electricity production. However, oil benefits from a variety of tax subsidies for dry well expenses and royalty holidays dating from the $10-a-barrel oil days of the late 1990s, which the administration promises to rescind.


14 posted on 02/26/2012 11:18:40 AM PST by Recon Dad (Gas & Petroleum Junkie)
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To: Recon Dad

Do those subsidies include the subsidies for:
Installing Solar Panels on a house, in NY State one financial model (by a Solar Power seller) indicates that there are $20,000 of various tax credits on a $25,000 installation;
How about the cost that utilities have to pay (and pass on to their customers) when they are forced to purchase excess generation from Solar, Wind and other Green power sources;
How about all those property tax breaks that large Corporations receive for installing green power and that is not available to regular power customers;
And let us not forget the government grants to Green Power parts manufacturers like Solyndra, etc;

Back in the fifties a number of General Electric administrators were sent to prison for trying to sell their products in foreign countries by bribing foreign politicians. Of course, a Republican ran the Justice Department then. Now GE just gives and gets favors directly from Obama.


18 posted on 02/26/2012 11:55:13 AM PST by BilLies ( It's Black History Month..Don't forget the 330,000 White Northerners who died 1861-5 to Free Slaves)
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