Payback period for school's solar panels is too high

2013-01-21T00:00:00Z Payback period for school's solar panels is too high nwitimes.com
January 21, 2013 12:00 am

The Jan. 14 article, "School solar panels generating power, excitement," doesn't mention a payback period. Using the figures in the article, sunshine and daylight percentages available on the Internet, it comes out to 20-plus years. I think most private businesses expect a four-year payback. Does that mean public institutions are not accountable or held to a lesser standard?

I would expect some kind of coverage of the economic benefit of an investment, but that doesn't seem to be a criteria for government projects. That is why the government requires the utility to pay three times what the electricity is worth, which makes everyone else's cost higher. It is a redistribution of wealth equally spread across the electric grid.

I can imagine people hate that kind of reporting because it doesn't make anyone feel good.

- Mark Neiner, Munster

Copyright 2014 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Featured Businesses

Submit a Letter to Editor

We welcome letters from readers on any issue of public interest, and make every effort to publish as many as we can and in a timely manner. The Times will publish only one letter a month from a writer, and be sure to include your name, address and a telephone number for verification. Letters should be 150 words or less. They will be edited.

Letters may be submitted:
  • Via our submission form.
  • Via e-mail.
  • Via fax: (219) 933-3249 or (219) 465-7298
  • Via mail or by hand to our offices:
    • 601 45th Ave., Munster, IN 46321
    • 2080 N. Main St., Crown Point, IN 46307
    • 1111 Glendale Blvd., Valparaiso, IN 46383
    • 3410 Delta Dr., Portage, IN 46368
    • Please mark envelopes with "Attn: Letters"

Questions?

Email Editorial Page Editor Doug Ross or call (219) 548-4360 or (219) 933-3357

Poll

Loading…

Should every unit of local government ban nepotism?

View Results

National Video