Uh-huh, another day, another problem from the Feds (w/contributions from the States, too). This is what happens when the Smart People decide they know better for everyone than each of those hundreds of million everyones making their own decisions for themselves. Get that – those in govt believe that they not only have the Smarts but the Right to outweigh the millions of choices made by individuals whom each is making those choices out of their OWN self-interest. This is the thing that Statists can’t grasp or accept – that people are better at this individually and in the aggregate bottom up than they are. So here we go again (reformatted, emphasis mine):
Federal subsidies have created a massive “green bubble” in the solar industry that is in danger of bursting when they expire next year, leaving taxpayers on the hook for billions of dollars, according to a report by theTaxpayers Protection Alliance(TPA). Homeowners and businesses that install a solar energy system are currently entitled to a 30 percent Solar Investment Tax Credit (ITC), which was initially passed by Congress in 2006 and extended for another eight years in 2008.
However, the ITC will drop to 10 percent for commercial and zero for residential properties on Dec. 31, 2016. And even members of the heavily-subsidized solar industry, which provides less than one percent of the nation’s electricity, are worried that it cannot stand on its own without government handouts.

