Sucker Purchase: Solar Panels On The Roof
In case you hadn’t heard, Berkeley took only 9 minutes to fill up the slots for its “innovative” program to pay for rooftop solar installations over time using property taxes.
Proponents lauded this measure, which passed handily, for allowing the average homeowner to pay the hefty $28,000 pricetag for a typical system by tacking on only $182 a month to his property tax bill.
On the surface, this seems like a good deal, and some have even suggested that it could be a model nationwide. Sadly, not only is it a bad deal, it’s an environmental disaster.