Deutsche Bank

EARTHTALK(R): ROOFTOP SOLAR FINALLY COST COMPETITIVE WITH GRID IN U.S.

 

EarthTalk®

E - The Environmental Magazine

Dear EarthTalk: I’ve heard that the price of getting solar panels installed on a home is lower than ever, but has it gotten to the point anywhere in the U.S. where it’s actually cheaper than traditional grid power yet?                             --Lester Milstein, Boston, MA

November 29, 2014 (San Diego’s East County) - Rooftop solar panels on have always been the province of well-to-do, eco-friendly folks willing to shell out extra bucks to be green, but that is all starting to change. According to the National Renewable Energy Laboratory (NREL), the cost of putting solar panels on a typical American house has fallen by some 70 percent over the last decade and a half. And a recent report from Deutsche Bank shows that solar has already achieved so-called “price parity” with fossil fuel-based grid power in 10 U.S. states. Deutsche Bank goes on to say that solar electricity is on track to be as cheap or cheaper than average electricity-bill prices in all but three states by 2016—assuming,that is, that the federal government maintains the 30 percent solar investment tax credit it currently offers homeowners on installation and equipment costs.

FORMER EAST COUNTY EDITOR AND CONGRESSIONAL CANDIDATES FILE LAWSUIT TO FORCE RETURN OFTAXPYERS’ BAIL-OUT FUNDS PAID TO BIG FINANCIAL INSTITUTIONS

“$40 billion has been stolen. Let’s get it back.” – Mike Aguirre

 

Plaintiffs ask public to urge Senators to press Dept. of Justice to join suit; say federal government should recover bailout funds to reduce deficit instead of slashing Medicare and Social Security

Story and photos by Miriam Raftery

July 7, 2011 (San Diego) – Derek Casady, former editor of the Daily Californian newspaper in East County and his wife, Nancy, have filed a lawsuit against several of the world’s biggest financial institutions alleging that AIG and others engaged in fraudulent practices and misled the federal government to get bail-outs. The suit documents fraudulent practices alleged in detail. It also seeks return of bailout monies paid for with taxpayers’ money—plus triple damages and a jury trial.