Energy Secretary Urges Struggling Americans To Buy Solar Panels

The Biden administration successfully pushed its dubiously named Inflation Reduction Act through Congress along party lines despite the fact that critics on both sides of the aisle have advised that its provisions will do little, if anything, to lower consumer prices.

Instead of addressing this root problem, however, Energy Secretary Jennifer Granholm recently asserted that the spending package will help low-income Americans — as long as they are prepared to buy expensive, new products that they likely do not need.

The White House cabinet member appeared on the Fox News Channel this week to defend the administration’s legislative agenda, claiming that tax rebates and incentives should be interpreted as financial assistance for Americans struggling to pay their bills amid historic inflation rates.

“If you are moderate-income, today you can get 30% off the price of solar panels,” Granholm said. “Those solar panels can be financed, so you don’t have to have the big outlay at the front.”

She went on to tout the fact that, beginning next year, Americans will “get rebates on the appliances and equipment that will help you reduce your monthly energy bill by up to 30%.”

Of course, renters and cash-strapped homeowners are likely not in a position to purchase brand-new large appliances and solar panels with or without a government subsidy. At a cost of roughly $15,000 per unit, a six-kilowatt solar kit is out of reach for many struggling taxpayers, as are the other types of energy-efficient equipment recommended by the Biden administration.

As the new law dictates, the federal rebate available for the purchase of green-energy appliances is capped at $840 and only applies to products that “meet or exceed the highest efficiency tier,” which are typically much more expensive than their traditional counterparts.

Furthermore, the 30% tax credit for solar panels and related equipment is only a modest increase over the incentive that was already in place prior to the passage of the Inflation Reduction Act.

Granholm has also been described as out of touch for encouraging Americans to spend a huge sum of money on electric vehicles in exchange for cash savings at the gas pump.

Of course, she is not the only Biden official who has faced such accusations. During a congressional hearing last month, several GOP lawmakers criticized Transportation Secretary Pete Buttigieg’s assertion that electric vehicles can be less expensive to own than cars with internal combustion engines.

Myron Ebell of the Competitive Enterprise Institute’s Center for Energy and Environment similarly dismissed such rhetoric, explaining: “Customers are clever enough to figure this out despite the snow job from the electric vehicle promoters and people like Secretary Buttigieg. It’s really kind of a con job. It may be a good deal for some people in some places under some circumstances — but by and large, right now, it’s not a good deal.”