Electric utilities are constructing expensive and inefficient solar plants because of subsidies and mandates from federal and state governments. The subsidies are not free–they come from the American taxpayer. And once the subsidies expire, consumers will pay higher electricity rates. So, either as taxpayers or as consumers, the American public is paying for these facilities. Ultimately, this means that the American economy is paying premium prices for a basic product essential for economic growth and competitiveness—electricity.
