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BC: Pen High Goes Solar (And We're On The Hook For It)

December 13, 2016
BC: Pen High Goes Solar (And We're On The Hook For It)

The Penticton Herald has a story today on $250,000 worth of 320 solar panels being installed atop Penticton Secondary School.

The school district says the panels will provide a whopping 6 per cent of the school’s power demand and save $10,000 a year in utility bills.

That means it will take 25 years of operation for the school district to break even – and that’s only if the panels need no maintenance or replacement in the meantime (which, obviously, they will).

In fairness, part of it is a teaching tool, where students can learn about “environmental stewardship.” Hopefully the math and business education teachers can use them too as an example of bad financial decisions.

By the way – there are only six solar roofs on homes and businesses in Penticton.

By
on December 14, 2016
According to the news report, the District only paid $125,000, the other half comes from the Province's Carbon rebate fund. And the $10,000 a year in savings is based on current hydro rates which, in Penticton, are higher than BC Hydro and will rise in time. So the District will pay off its investment in less than 13 years. Well within the lifespan of the panels. Plus the students get to learn about new technology. But hey... that wouldn't fit the Canadian Taxpayer Federation narrative.

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