In today’s world run by greedy businesspeople, there’s one man in Louisiana leading the fight against the mean, green, solar panel machine and its money-lusting “free energy” peddlers: Clyde Holloway.
Holloway is the only Louisiana Public Service Commissioner brave enough to take on that money-grubbing special interest group disguising itself as “eco-friendly” homeowners.
The former congressman has courageously put forth a proposal that would lower the amount that poor, struggling utilities companies pay for the electricity they buy from those covetous churls who own solar panel power equipment from the “retail” price (8 to 11 cents a kilowatt-hour) to the wholesale price (3 to 4 cents a kilowatt-hour) plus 1 cent.
After all, how in the world can impoverished energy companies be expected to pay an outrageous 8 to 11 cents per kwh for energy from homeowners? That’s what their customers pay, for Christ’s sake!
How in the world can impoverished energy companies be expected to pay an outrageous 8 to 11 cents per kwh for energy from homeowners? That’s what their customers pay, for Christ’s sake!
But these bloodsucking sun lovers are besmirching Holloway’s good name, claiming he’s on the take from downtrodden utility companies of meager means. Like they have any extra money to influence a PSC member! Pshaw!
Yet these barons of big sun insist they bought and installed their solar equipment under the auspices that they would be able to sell their excess energy back to the hapless utilities companies at the same rate those companies charge them for electricity. “But you promised!” they cry.
Promises? Oh, grow up, Pollyanna! This is Louisiana, for crying out loud. The state where people voted to legalize the lottery because they thought the proceeds would be dedicated to education.
Besides, Clyde Holloway understands utility companies can’t be expected to pay full retail for traded-in electricity when a home’s meter starts turning the other way, no more than a car dealership can be expected to pay full retail for a traded-in vehicle. Those energy companies have so many costs to cover to get that electricity ready to resell it back to other customers on the grid.
They have to pay to have those used electrons detailed and vacuumed. There’s inventory costs while those used electrons sit in the transformers, waiting to be sold. And when they do get sold, the utility company has to pay a used electricity salesman a commission.
And just like the Kelley Blue Book sets the standard for what used cars are worth, there should be a Kelley Blue Book for electricity. For instance, the more mileage energy has, the lower its trade-in value. Last time we checked, all solar energy has more than 93,000,000 miles on it. That’s a HUGE depreciation in value!
So to all these net-metering tycoons trying to game the system and disparage Holloways’s sterling reputation, you can take your solar panels and shove them where the sun don’t shine.