Wind And Solar Power Are Driving Up Electricity Prices, Expert Says

[bripat9643]

The environmental wackos have been claiming that so-called "green energy" is cheaper, but the rest of us know better. Now here's the proof.

Shellenberger Blames Renewables | The Daily Caller​

A prominent environmental activist took the unusual road of not only blaming rising electricity costs squarely on renewable sources, but also for deriding the mainstream media for ignoring the connection.

Michael Shellenberger, the president and founder of Environmental Progress, explained in a Forbes blog post Monday how the unreliability of renewable energy sources, such as wind and solar, is the main reason why electricity bills around the world have been getting higher.

Despite renewable energy technology slowly becoming more affordable, Shellenberger notes, electricity costs are still rising because of the unpredictable nature of wind and solar. Both sources produce excess energy when consumers don’t need them, and they don’t produce enough when needed the most.

For example, solar panels produce large amounts of energy throughout the day, but are unable to generate power at night when residents are more dependent on electricity to keep the lights on. Wind energy is notably unpredictable given how wind fluctuates substantially from day-to-day. The end result becoming other, more reliable sources of energy are relied upon to churn out power at a moment’s notice when renewables flop. Better yet, regions that produce too much wind and solar power have to pay — not sell — others to take the power off their hands, further spiking costs.​

 

[OnePercenter]

There's nothing informative about anything that Bripat posts. The fact is my former property in Coronado California generated enough energy to charge the batteries which ran the house power throughout the night.

 

[WheelieAddict]

"expert" "
"dailycaller"

 

[Ray From Cleveland]

There's nothing informative about anything that Bripat posts. The fact is my former property in Coronado California generated enough energy to charge the batteries which ran the house power throughout the night.

It's really much more of a dependability factor. Maybe those batteries can keep a house powered one night, but what about the next night if no wind comes along?

Our wind is so strong here at times you can almost use a milk carton for a kite. Yet very few places invested in wind power. In the entire area of Cleveland, I'm only aware of four or five windmills and most of them are small ones.

One of our customers outside of Cleveland but still near Lake Erie where the winds come from had a windmill. One day I made a delivery there and noticed the windmill was gone. I asked the owner of the company WTF happened to the windmill? He was a big lib and pro-environment kind of guy. He just waived his hands down and said Ahhhhh.

Generally by electric bill for my home is about $55.00 a month. Think of how many years it would take me to break even if I invested in solar panels or a windmill.

 

[HappyJoy]

Yeah, I'm paying 20 bucks (almost entirely for utility fees) for my electric bill and spent 18k on a solar system. My average bill before was about $200. I have a 15 year warranty on most of it.

I know I also use a lot more electricity now, crank up the a/c and I still have plenty to sell back to my utility company.

Yeah, I think I'm saving money and now I can waste electricity like a Repuplican and still save energy.

 

[Ray From Cleveland]

Yeah, I'm paying 20 bucks (almost entirely for utility fees) for my electric bill and spent 18k on a solar system. My average bill before was about $200. I have a 15 year warranty on most of it.

I know I also use a lot more electricity now, crank up the a/c and I still have plenty to sell back to my utility company.

Yeah, I think I'm saving money and now I can waste electricity like a Repuplican and still save energy.

Sure, if nothing breaks down. A warranty is different from a guarantee.

I'm guessing that the taxpayers subsidized you for your solar system.

 

[Rosy]

The environmental wackos have been claiming that so-called "green energy" is cheaper, but the rest of us know better. Now here's the proof.

Shellenberger Blames Renewables | The Daily Caller​

A prominent environmental activist took the unusual road of not only blaming rising electricity costs squarely on renewable sources, but also for deriding the mainstream media for ignoring the connection.

Michael Shellenberger, the president and founder of Environmental Progress, explained in a Forbes blog post Monday how the unreliability of renewable energy sources, such as wind and solar, is the main reason why electricity bills around the world have been getting higher.

Despite renewable energy technology slowly becoming more affordable, Shellenberger notes, electricity costs are still rising because of the unpredictable nature of wind and solar. Both sources produce excess energy when consumers don’t need them, and they don’t produce enough when needed the most.

For example, solar panels produce large amounts of energy throughout the day, but are unable to generate power at night when residents are more dependent on electricity to keep the lights on. Wind energy is notably unpredictable given how wind fluctuates substantially from day-to-day. The end result becoming other, more reliable sources of energy are relied upon to churn out power at a moment’s notice when renewables flop. Better yet, regions that produce too much wind and solar power have to pay — not sell — others to take the power off their hands, further spiking costs.​

The environmental whack jobs have also forgotten that the electricity powering their Tesla often comes from Nukes

 

[Two Thumbs]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

 

[Moonglow]

The environmental wackos have been claiming that so-called "green energy" is cheaper, but the rest of us know better. Now here's the proof.

Shellenberger Blames Renewables | The Daily Caller​

A prominent environmental activist took the unusual road of not only blaming rising electricity costs squarely on renewable sources, but also for deriding the mainstream media for ignoring the connection.

Michael Shellenberger, the president and founder of Environmental Progress, explained in a Forbes blog post Monday how the unreliability of renewable energy sources, such as wind and solar, is the main reason why electricity bills around the world have been getting higher.

Despite renewable energy technology slowly becoming more affordable, Shellenberger notes, electricity costs are still rising because of the unpredictable nature of wind and solar. Both sources produce excess energy when consumers don’t need them, and they don’t produce enough when needed the most.

For example, solar panels produce large amounts of energy throughout the day, but are unable to generate power at night when residents are more dependent on electricity to keep the lights on. Wind energy is notably unpredictable given how wind fluctuates substantially from day-to-day. The end result becoming other, more reliable sources of energy are relied upon to churn out power at a moment’s notice when renewables flop. Better yet, regions that produce too much wind and solar power have to pay — not sell — others to take the power off their hands, further spiking costs.​

Ain't life a bitch for the rich monopoly holders of power distribution?

 

[Moonglow]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Surely you don't expect us to believe the petroleum industry doesn't get support from govt's in the forms of tax breaks and billions in subsidies...??

 

[Indeependent]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Like Forbes stating Trump will cause a crash about a month into his presidency?
Yes, I can laugh off the neo-Con Forbes.
LIke Forbes stating that Off-Shoring and Business Visas and unemployed Americans are good?
Yes, I can laugh off the neo-Con Forbes.

 

[Two Thumbs]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Surely you don't expect us to believe the petroleum industry doesn't get support from govt's in the forms of tax breaks and billions in subsidies...??

of course not

I just like the hypocrassy of leftists that get their panties in a knot over one but not the other.


I've long been a supporter of nuclear, it's still the best option for those that don't live in fear of the fiction

 

[Two Thumbs]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Like Forbes stating Trump will cause a crash about a month into his presidency?
Yes, I can laugh off the neo-Con Forbes.
LIke Forbes stating that Off-Shoring and Business Visas and unemployed Americans are good?
Yes, I can laugh off the neo-Con Forbes.

unrelated subjects

but feel free to follow the links to a site you can agree with

 

[bripat9643]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Surely you don't expect us to believe the petroleum industry doesn't get support from govt's in the forms of tax breaks and billions in subsidies...??

No, it doesn't. In fact, it pays hundreds of billions in taxes to the government every year. The claim that the government subsidizes the fossil fuel industry is snowflake propaganda, and nothing more.

 

[Seawytch]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Surely you don't expect us to believe the petroleum industry doesn't get support from govt's in the forms of tax breaks and billions in subsidies...??

No, it doesn't. In fact, it pays hundreds of billions in taxes to the government every year. The claim that the government subsidizes the fossil fuel industry is snowflake propaganda, and nothing more.

Link to what they pay...because these are the tax breaks they shouldn't keep getting.

• Expensing Intangible Drilling Costs ($13.9 billion): Since 1913, this tax break has let oil companies write off some costs of exploring for oil and creating new wells. When it was created, drilling meant taking a gamble on what was below the earth without high-tech geological tools. But software-led advances in seismic analysis and drilling techniques have cut that risk down.
• Deducting percentage depletion for oil and natural gas wells ($11.5 billion): Since 1926, this has given oil companies a tax breaks based on the amount of oil extracted from its wells. The logic is, if manufacturers get a break for the cost of aging machinery, drillers can deduct the cost of their aging resources. (You decide for yourself whether that makes any sense.) Since 1975, it's only available to "independent oil producers," not the big oil companies, like Exxon and BP. But many of these smaller companies aren't actually small. According to Oil Change International, independents made up 86 of the top 100 oil companies by reserves. Those 86 had a median market cap of more than $2 billion. So essentially, this is a tax break that subsidizes the Very Big oil companies at the expense of the Very Biggest.*
• The domestic manufacturing deduction for oil and natural gas companies ($11.6 billion): In 2004, as American manufacturing was being ravaged by China's entrance on the global scene, Congress passed legislation designed to encourage companies to keep factories operating in the U.S. Thanks to some intensive lobbying, the oil industry ended up as one of the beneficiaries. But while the refining process does involve high-tech manufacturing, there was never any danger that either drilling or refining was going to migrate overseas.

The big tax breaks don't stop there. For instance, accounting rules worth about $2 billion a year to the industry let companies deduct more for the cost of developing wells as oil prices rise. But it gives you a flavor of what we're talking about here -- bonuses that aren't even available to every company in the industry.
​

America's Most Obvious Tax Reform Idea: Kill the Oil and Gas Subsidies

 

[Moonglow]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Surely you don't expect us to believe the petroleum industry doesn't get support from govt's in the forms of tax breaks and billions in subsidies...??

No, it doesn't. In fact, it pays hundreds of billions in taxes to the government every year. The claim that the government subsidizes the fossil fuel industry is snowflake propaganda, and nothing more.

Link to what they pay...because these are the tax breaks they shouldn't keep getting.

• Expensing Intangible Drilling Costs ($13.9 billion): Since 1913, this tax break has let oil companies write off some costs of exploring for oil and creating new wells. When it was created, drilling meant taking a gamble on what was below the earth without high-tech geological tools. But software-led advances in seismic analysis and drilling techniques have cut that risk down.
• Deducting percentage depletion for oil and natural gas wells ($11.5 billion): Since 1926, this has given oil companies a tax breaks based on the amount of oil extracted from its wells. The logic is, if manufacturers get a break for the cost of aging machinery, drillers can deduct the cost of their aging resources. (You decide for yourself whether that makes any sense.) Since 1975, it's only available to "independent oil producers," not the big oil companies, like Exxon and BP. But many of these smaller companies aren't actually small. According to Oil Change International, independents made up 86 of the top 100 oil companies by reserves. Those 86 had a median market cap of more than $2 billion. So essentially, this is a tax break that subsidizes the Very Big oil companies at the expense of the Very Biggest.*
• The domestic manufacturing deduction for oil and natural gas companies ($11.6 billion): In 2004, as American manufacturing was being ravaged by China's entrance on the global scene, Congress passed legislation designed to encourage companies to keep factories operating in the U.S. Thanks to some intensive lobbying, the oil industry ended up as one of the beneficiaries. But while the refining process does involve high-tech manufacturing, there was never any danger that either drilling or refining was going to migrate overseas.

The big tax breaks don't stop there. For instance, accounting rules worth about $2 billion a year to the industry let companies deduct more for the cost of developing wells as oil prices rise. But it gives you a flavor of what we're talking about here -- bonuses that aren't even available to every company in the industry.
​

America's Most Obvious Tax Reform Idea: Kill the Oil and Gas Subsidies

Most of them dumb folks have no idea that most ag and energy sector industries are supported by da govt.

 

[Moonglow]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Surely you don't expect us to believe the petroleum industry doesn't get support from govt's in the forms of tax breaks and billions in subsidies...??

No, it doesn't. In fact, it pays hundreds of billions in taxes to the government every year. The claim that the government subsidizes the fossil fuel industry is snowflake propaganda, and nothing more.

You deny the truth because you for some reason have to push your rhetoric of party affiliation...

 

[bripat9643]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Surely you don't expect us to believe the petroleum industry doesn't get support from govt's in the forms of tax breaks and billions in subsidies...??

No, it doesn't. In fact, it pays hundreds of billions in taxes to the government every year. The claim that the government subsidizes the fossil fuel industry is snowflake propaganda, and nothing more.

Link to what they pay...because these are the tax breaks they shouldn't keep getting.

• Expensing Intangible Drilling Costs ($13.9 billion): Since 1913, this tax break has let oil companies write off some costs of exploring for oil and creating new wells. When it was created, drilling meant taking a gamble on what was below the earth without high-tech geological tools. But software-led advances in seismic analysis and drilling techniques have cut that risk down.

The cost of finding oil is a business expense. Why shouldn't it be deductible just like any other business expense? I can deduct the cost of my laptop, computer bag, any software I purchase, headphones, you name it. Are those subsidies?

• Deducting percentage depletion for oil and natural gas wells ($11.5 billion): Since 1926, this has given oil companies a tax breaks based on the amount of oil extracted from its wells. The logic is, if manufacturers get a break for the cost of aging machinery, drillers can deduct the cost of their aging resources. (You decide for yourself whether that makes any sense.) Since 1975, it's only available to "independent oil producers," not the big oil companies, like Exxon and BP. But many of these smaller companies aren't actually small. According to Oil Change International, independents made up 86 of the top 100 oil companies by reserves. Those 86 had a median market cap of more than $2 billion. So essentially, this is a tax break that subsidizes the Very Big oil companies at the expense of the Very Biggest.*
• The domestic manufacturing deduction for oil and natural gas companies ($11.6 billion): In 2004, as American manufacturing was being ravaged by China's entrance on the global scene, Congress passed legislation designed to encourage companies to keep factories operating in the U.S. Thanks to some intensive lobbying, the oil industry ended up as one of the beneficiaries. But while the refining process does involve high-tech manufacturing, there was never any danger that either drilling or refining was going to migrate overseas.

Those may be legitimate subsidies, but you have to subtract them from the hundreds of billions the oil companies pay in taxes every year. State and federal excise taxes on gasoline come to about $100 billion. Then there are the income taxes that oil companies pay.

The big tax breaks don't stop there. For instance, accounting rules worth about $2 billion a year to the industry let companies deduct more for the cost of developing wells as oil prices rise. But it gives you a flavor of what we're talking about here -- bonuses that aren't even available to every company in the industry.

America's Most Obvious Tax Reform Idea: Kill the Oil and Gas Subsidies

Those are very few, and the taxes paid on oil and gasoline are massive in comparison.

 

[Moonglow]

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

"expert" "
"dailycaller"

can you laugh off Forbes?


facts are the taxpayer is keeping these green companies alive with our tax dollars, not our pay checks.

it's a scam

Surely you don't expect us to believe the petroleum industry doesn't get support from govt's in the forms of tax breaks and billions in subsidies...??

No, it doesn't. In fact, it pays hundreds of billions in taxes to the government every year. The claim that the government subsidizes the fossil fuel industry is snowflake propaganda, and nothing more.

Link to what they pay...because these are the tax breaks they shouldn't keep getting.

• Expensing Intangible Drilling Costs ($13.9 billion): Since 1913, this tax break has let oil companies write off some costs of exploring for oil and creating new wells. When it was created, drilling meant taking a gamble on what was below the earth without high-tech geological tools. But software-led advances in seismic analysis and drilling techniques have cut that risk down.

The cost of finding oil is a business expense. Why shouldn't it be deductible just like any other business expense. I can deduct the cost of my laptop, computer bag, any software I purchase, headphones, you name it.

• Deducting percentage depletion for oil and natural gas wells ($11.5 billion): Since 1926, this has given oil companies a tax breaks based on the amount of oil extracted from its wells. The logic is, if manufacturers get a break for the cost of aging machinery, drillers can deduct the cost of their aging resources. (You decide for yourself whether that makes any sense.) Since 1975, it's only available to "independent oil producers," not the big oil companies, like Exxon and BP. But many of these smaller companies aren't actually small. According to Oil Change International, independents made up 86 of the top 100 oil companies by reserves. Those 86 had a median market cap of more than $2 billion. So essentially, this is a tax break that subsidizes the Very Big oil companies at the expense of the Very Biggest.*
• The domestic manufacturing deduction for oil and natural gas companies ($11.6 billion): In 2004, as American manufacturing was being ravaged by China's entrance on the global scene, Congress passed legislation designed to encourage companies to keep factories operating in the U.S. Thanks to some intensive lobbying, the oil industry ended up as one of the beneficiaries. But while the refining process does involve high-tech manufacturing, there was never any danger that either drilling or refining was going to migrate overseas.

Those may be legitimate subsidies, but you have to subtract them from the hundreds of billions the oil companies pay in taxes every year. State and federal xxcise taxes on gasoline come to about $100 billion. Then there are the income taxes that oil companies pay.

The big tax breaks don't stop there. For instance, accounting rules worth about $2 billion a year to the industry let companies deduct more for the cost of developing wells as oil prices rise. But it gives you a flavor of what we're talking about here -- bonuses that aren't even available to every company in the industry.

America's Most Obvious Tax Reform Idea: Kill the Oil and Gas Subsidies

Those are very few, and the taxes paid on oil and gasoline are massive in comparison.

What was surprising, though, was the extent to which these companies were able to delay or defer the payment of the federal taxes they accrued. Most of the companies in our study deferred more than they actually paid. When the deferred taxes are subtracted from the amount these 20 companies owe, their average “current” tax rate drops to 11.7 percent. The independent oil and gas companies in the bottom half of our list, excluding the ones that recorded losses for the period, deferred almost all of the federal income taxes they accrued during the last five years, reporting an average current tax rate of just 3.7 percent.
https://www.usnews.com/opinion/econ...about-oil-and-gas-company-corporate-tax-rates

 

[Moonglow]

You gonna tell me about da family business of oil?