President Obama’s so-called green energy solar program sounded good in the beginning. Unfortunately for me, I fell for it.
More than six years ago, I had solar panels installed on my roof. For the past five years, I have been receiving 17 cents per kilowatt-hour from Georgia Power that my panels produce on bright, sunny days. This sounds good since our rate is more than 12 cents per KWH. This was to help offset the very expensive cost of a solar system.
Starting Oct. 1, Georgia Power is ending this program and cutting the rate to 8.6 cents and as low as 3.7 cents per KWH. This system now will never come close to paying for itself.
To get the highest rate, you must sign a contract for 15, 25 or 35 years. I wrote a letter to Georgia Power telling them that I likely would be dead before even the 15-year contract would be up. They said my wife would be responsible to keep the system running or she would have to pay a penalty. I wrote another letter to Georgia Power about this and they never responded — not one word.
Almost two years ago, some outside contractors wanted to install solar panels on residential roofs at no cost to the homeowners. The power generated would be split equally between the homeowner and the installer to offset the costs. In court, Georgia Power fought against this and won, because they wanted to have total control of solar production in Georgia.
The bottom line is this: If you live in Georgia and have been thinking about solar, don’t. You too will lose thousands if not tens of thousands of dollars, as I have. Thanks a lot, Georgia Power.