Obama’s Solar Panels Pay For Themselves… Over 110 Years

The solar panels on the roof of the Denver Museum of Nature and Science that President Obama touted as the future of green energy have one little problem.  It takes approximately 110 years for them to pay for themselves, and the only have a projected life expectancy of 20-25 years.

The Independence Institute reported, via LGF:

Before signing the $787 billion stimulus package into law on Feburary 17, 2009, President Barack Obama and Vice President Joe Biden toured an array of solar panels on top of the Denver Museum of Nature and Science. The photo-op allowed the President to once again extol the virtues of the coming “green” economy.

According to the Denver Post's article on the event, “The sun generates enough energy on the museum rooftop to power about 30 homes.”

This sounds quite promising, but getting facts to back up the claim is another story.

The Independence Institute asked the Denver Museum of Science and Nature to provide certain statistical information regarding the now-famous solar array. Specifically, the Institute asked for:

1 ) Two years worth of electric bills prior to the installation of the solar array,
2 ) All electric bills following the completion of the installation.

The Museum denied those requests. 

Why not proudly display the cost savings from such a bold advance in technology?

A 2008 article in the Denver Business Journal sheds further light on the subject. The article notes the total price of the solar array was $720,000. And Dave Noel, VP of operations and chief technology officer for the Museum, was quoted as saying, “We looked at first installing [the solar array] ourselves, and without any of the incentive programs, it was a 110-year payout.” Noel went on to say that the Museum did not purchase the solar array because it did not “make sense financially.”

Additionally, most solar panels have an expected life-span of 20 to 25 years

Just like the MSM to ignore the nasty details

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