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Giffords: Arizona’s solar future starts today

Having the largest solar power plant in the world in our backyard is not just a reminder of solar's limitless potential. It is a testament to the fact that solar is a technology and economic driver that doesn't need to wait for tomorrow. It already is here, bringing benefits to our state and nation.
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3 comments on this story

1
270 comments
Aug 19, 2010, 9:23 pm
-0 +0

I wish Representative Giffords had included with her endorsement of this project a clear-eyed presentation of the economics, e.g. how do the costs break down; when will the project break even; what, if any, are the energy pricing assumptions (i.e. are there any guarantees to consumers that energy costs will remain below certain agreed maximums?

I’m all for “alternative” energy, but solutions that don’t make financial sense without federal subsidies (and I’m not suggesting a loan equals a subsidy) are not good ones.

2
556 comments
Aug 19, 2010, 9:37 pm
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Roberto,

In Arizona, utility rates are set by the state Corporation Commission, an elected body. If people want low rates, they can vote for them at the polls ; )

There’s a little bit on Solana’s financial breakdown - and a few links to more info - in the story we broke on the solar plant last month: World’s largest solar plant slated for Gila Bend.

3
270 comments
Aug 19, 2010, 9:44 pm
-0 +0

Ah, I see they’re estimating $4 billion in possible revenues over 30 years. The previous story’s a good one. I’d missed it. Thanks!

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