by Becki Gray
Former Senior Vice President, John Locke Foundation
As the NC Utility Commission begins to look at setting new rates for solar power, terms like “standard contract” and “avoided cost” will be discussed, even impacts of a “solar war”. What probably won’t be discussed is how long NC will continue mandating that 12.5% of our energy come from conservation and renewable energy sources – no matter what the cost – jobs lost in 2014: 3,275; 2014 revenue lost: $42.2 Million. Now that solar energy is thriving in NC thanks in large part to a generous tax credit, can the taxpayers please stop subsidizing it? Let’s cut this industry loose and let it succeed or fail on it’s own merits. I believe they call that the free market.