[The following was reposted in its entirety from Soylent Green with permission.]
These Eco-bullshitters are just amazingly dishonest. The fact that it involves the Green cabal at GovernmentMotors just makes pure, unadulterated Theft:
General Motors broke ground Wednesday on a six-acre field of solar panels in front of its Detroit-Hamtramck plant as part of an effort to green the production of its Chevrolet Volt…DTE will lower GM’s energy bill because of the solar panels, which were first reported by the Free Press, saving about $15,000 a year. (Bold mine–we’ll come back to that.)
Money Quote: “This isn’t only going green for green’s sake,” said Bob Ferguson, GM’s vice president of global public policy. “This is about reducing this plant’s environmental footprint and reducing our bottom line.”
Really, Bob? Let’s do some Mother Fucking Math!
Six acres = 261,360 sq. feet. A 190-watt solar panel covers about 4 sq. feet. 261,360/4 = 65,340 panels. But they’ll need room for wiring and pipes, support equipment, etc., so let’s say they can only put 64,000 in place. Now, the big panels can run $30,000 a pop. But let’s say they get a deal–$10,000.
Our cost, just for the panels is…yes, you can do it in your head: $6.4 million. Isn’t it amazing that guy from GM can’t do that in his head.
-But, harrumph, it will save $15,000 a year.- Hmm, 6,400,000/15,000. Cool, the payback is only 427 FUCKING YEARS YOU DICKWAD SCUMBAG! But alas, it’s really not. The average life of a solar panel is about 20 years. So they’d have to replace them about 21 times. $6.4 million x 21 = $134.4 million. Hey, but amortized over 427 years…?
That is what Eco-tard fascist rentseekers call “savings.” I call it fraud.