7 Comments

  1. Kind of offset:

    The Obama administration gave Carrier a $5.1 million subsidy in 2013 even after two previous awards from the same program yielded disappointing results. In 2010, during the 48C Program’s first round of funding, the Department of Energy awarded a $5.3 million tax credit to UTC Power Corp. to open a clean fuel-cell power plant in South Windsor, Conn. Just three years later, United Technologies literally paid another company $48 million to take UTC Power off its hands. The South Windsor plant had never turned a profit, and United Technologies also ended up losing over $200 million as it struggled to get rid of its troubled subsidiary.

    The South Windsor plant didn’t fare well under new management, either. A month after acquiring it, new parent company ClearEdge Power laid off 170 people, more than half of UTC Power’s workforce.

    Connecticut’s Department of Economic and Community Development launched a valiant effort to save the failing company, offering a $1.4 million loan and promising to forgive $650,000 of that sum if ClearEdge could retain 17 jobs and create 80 new ones by 2017. But ClearEdge turned down the offer, filing for bankruptcy not long afterward and laying off even more workers.

    . . .

    In addition to subsidizing the South Windsor operation, the Department of Energy in 2010 awarded a $110.4 million tax credit through the 48C Program to Pratt & Whitney, another United Technologies subsidiary, to make an energy-efficient jet engine in Connecticut. The tax credit came less than a year after Pratt & Whitney had shuttered two Connecticut plants, a move that cost about a thousand jobs. The work once done in the state moved to Japan, Singapore, and a nonunion plant in Georgia.

    The Department of Energy approved the tax credit anyway — and the Middletown, Conn., facility that received its support quickly began to struggle. Almost immediately, Pratt & Whitney began layoffs nationwide, dropping 1,300 jobs in 2011 alone. And, in a series of layoffs in 2012–13, hundreds more workers lost their jobs, including many at the Middletown facility.

    http://www.nationalreview.com/article/431585/carrier-move-big-government-failure

  2. (P.S.: “Carrier Corporation garnered national attention last week with a gauche announcement that it would close down its Indianapolis manufacturing facility, lay off 1,400 workers, and move to Mexico — all this despite receiving millions in federal support to create domestic green jobs.”)

  3. Average Electric Bills:

    Albuquerque NM $421.81
    Salinas CA $175.11
    Lexington KY $145.96
    Hampton VA $139.75
    Scottsdale AZ $125.84
    SanJose CA $99.52
    HuntingtonBeach CA $98.19
    Mesa AZ $96.21
    Boston MA $93.18
    SantaRosa CA $86.84
    Cleveland OH $86.39
    NewOrleans LA $86.28
    Reno NV $85.53
    Victorville CA $83.48
    Louisville KY $83.47
    Kent WA $82.17
    Elgin IL $81.35
    Topeka KS $80.06
    Detroit MI $78.77
    Charlotte NC $78.20
    Aurora IL $75.71
    Fairfield CA $73.90
    Anaheim CA $72.55
    Westminster CO $70.06
    SanBernardino CA $59.60

    Hey look, the places with lots of sun for “free” electricity have the highest rates so even when you “save” money with your “free” electricity, you still pay more than everyone else, I’m shocked! it’s just a coincidence, I’m sure.

  4. The thing is that most of the solar companies Lease you the equipment, then you pay them for the electricity. Of course they don’t pay you rent for the use of your roof. At least the electricity is cheaper. at first.

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