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Re: [cdn-nucl-l] interesting letter: " Savings from solar power don't add up "
Good. I felt the same way when I read Sal's letter
last week but never got a chance to reply. I would add that if we
all did what he did and all applied for the $40 subsidy, then we would be
paying ourselves via the government. Since the government has not a
penny to call its own, we taxpayers are paying the subsidy plus the cost
of administering the subsidy. I suspect the admin costs are as big
as the subsidy itself. So Sal should have added in about an $80
personal cost for the $40 subsidy if he were to scale up his scheme to
mass levels. As it stands, we are paying Sal to support his
At 07:41 AM 30/06/2006, Jaro wrote:
<?xml:namespace prefix = o ns =
Bill Garland, Executive Director of UNENE
and Professor, Dept. of Engineering Physics, Bldg. NRB 117, McMaster
University, Hamilton, Ontario, CANADA L8S 4L7, Tel: (905)525-9140
x24925 Fax: (905)528-4339 Email: firstname.lastname@example.org
Letter: Savings from solar power
don't add up
Jun. 30, 2006. 01:00 AM
Mike Graham-Smith, Georgetown, Ont.
RE: Install panels on roofs, Letter,
Sal Amenta's letter justifying the cost
of installing solar panels on his roof is complete nonsense.
He will not recover the cost of this
installation in 10 years just by the electricity it generates. He states
that he is saving $130 per month on his hydro bill by generating
electricity and through household power conservation.
This covers the $130 per month cost of
the 10-year loan he took out to pay for this installation.
He must be doing an admirable job
conserving energy because he also states that he will get an additional
$40 per month when he is paid 42 cents per kilowatt hour for the power
that he generates in the future.
This means that he is generating less
than 100 kilowatt hours of power per month.
The cost of buying this power, at say
10 cents per kilowatt hour, is only $10 per month and that is all that
will come off his hydro bill for the power he generates.
If you add this $10 saving to the $40
subsidy, you still only have $50 and his outlay costs him $130 per month!
The bulk of the saving he reports must
come from conservation.
The hydro the panels generate will never
pay for their installation in 10 years.