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back2basics

11/24/14 9:59 AM

#272882 RE: mr40 #272877

WalMart is working with SolarCity in it's "green energy" scheme. I certainly don't know the details of the WM/SC deal, but commonly, SC sells and installs their panels, but retain the subsidies that go with them.

Just a guess, but in reality SC is more motivated by the subsidies than saving America's energy future.


San Mateo–based SolarCity Corporation, whose financial backers include prominent Obama supporters such as Al Gore and Tesla Motors CEO Elon Musk, has received millions of dollars in federal tax credits since 2008, despite posting a net loss of more than $300 million over that same period.



http://www.nationalreview.com/article/364748/subsidizing-solarcity-andrew-stiles

We were in a Wal Mart last week after 10PM. The lights were so dim we had trouble reading labels. Being a suspicious sole, I asked a mini - manager if WM was kissing Obama's ass by "going green".

He said they were working on the lights. We aren't in the store hat late very often. But I will be checking.

B2B