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Democrats Rip Off Americans With New Tax

by Market FinancePosted onJanuary 12, 2022January 12, 2022

This is a total rip off.

Democrats have been whining about clean energy for over more than a decade now. They made usNow, believe that they want to keep the world safe but sadly it’s beginning to look like all they want to do is figure out how to tax the pants off of all of us.

Now, Tesla founder and billionaire Elon Musk has just pointed to a surprising new tax Democrats are trying to enforce on the American people that Musk referred to a “bizarre anti-environment move.”

According to Fox, California Democrats are now trying to are now trying to enforce new energy metering rules on solar panels which will leave Americans with higher energy bills. 

California’s Net Energy Metering (NEM) program has made it so that 1.3 million customers can install roughly 10,000 megawatts of renewable energy. Most of this energy is acquired through rooftop solar panels.

The new program has resulted in about a 25% reduction of electricity that was previously acquired from the state’s electric grid during the middle of the day when the sun is shining brightest.

Now the new proposal being pushed by Democrats called the NEM 3.0, wants to charge solar customers a fee of $8 per kilowatt of installed solar per month. What’s worse is that according to Fox, customers would also pay either peak or off-peak rates, depending on the time of day electricity from the grid is used. 

To keep things short, Tesla explained that customers who use who use solar would be charged an additional $50 to $80 per month.

Tesla stated, “If adopted, this would be the highest solar fee anywhere in the country, including states hostile to renewable energy. In addition, the proposal would reduce the value of bill credits for solar energy sent to the grid by about 80 percent.” 

Bizarre anti-environment move by govt of California https://t.co/1OwdBNWbxT

— Elon Musk (@elonmusk) January 12, 2022

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Published by Market Finance

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