Wednesday, February 18, 2015

Despite $39B in Annual Gov't. Subsidies, Solar Produced 0.5% of Electricity in US

Despite $39B in Annual Gov't. Subsidies, Solar Produced 0.5% of Electricity in US | CNS News
"Despite receiving an estimated $39 billion in annual government subsidies over the past five years, the solar energy industry accounted for just one half of one percent (0.5%) of all the electricity generated in the U.S. during the first 10 months of 2014, according to the U.S. Energy Information Administration (EIA).
Between January and October of last year, the U.S. produced a total of 3,431,473 million kilowatt hours (kWh) of electricity.
But only 15,973 million kWh were generated by solar thermal or photovoltaic (PV) solar modules that use semiconducting materials to convert sunlight into electricity, according to EIA's latest Monthly Energy Review."


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