TVA halts popular solar program as money dries up

[Ed Barrow]

TVA's popular program that pays homeowners and businesses to generate electricity from solar energy has hit a wall.

Much of the $50 million set aside for the Generation Partners program has been committed as applications from even more would-be participants stack up.

Costly mega-projects by opportunistic investors have eaten up part of the money, competing with smaller solar installations homeowners and businesses want that are a main target of the program.

Tennessee Valley Authority officials told a group of distributors that administer the program on Wednesday that a moratorium was being imposed.


http://www.tennessean.com/article/20100618/NEWS02/6180344/1009?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+StatelineorgRss-Environment+%28Stateline.org+RSS+-+Environment%29

[jwirr]

1. One step back.

[joshcryer]

2. Nah, one giant leap forward.

This will be temporary. The program was more popular than expected. This is a good thing.

[GreenPartyVoter]

4. That's a positive way of looking at it. :^)

[ladjf]

3. Of course. Who needs a silly thing like a solar panel?

And while we are at it, lets forget about all those ugly wind mills, tidal turbines or any other of those alter energy initiatives. We need more nuke plants and we need to "drill baby drill".

"sarcasm"