TV News LIES

Sunday, Mar 29th

Last update04:24:42 AM GMT

You are here News Energy Solar panel companies in federal probe

Solar panel companies in federal probe

E-mail Print PDF

solar panelsThree U.S. solar panel firms are being investigated to determine if they inflated costs to get government payments, The Washington Post reported Friday.

The Treasury Department's office of inspector general has subpoenaed the financial records of SolarCity, SunRun and Sungevity to determine if they qualified for more than $500 million in federal grants and tax credits they received for performing work, sources familiar with the probe told the Post.

The solar companies received the money through President Obama's stimulus initiative to offer cash grants to clean-energy developers.

The three firms, working mostly in the sun-rich states of California and Arizona, collected hundreds of millions of dollars in federal grants covering a share of their costs on thousands of home installations during the past three years.

More...


Most Recent Related Stories...


Across American oilfields, layoffs and auctions

Cheaper oil brings layoffsConvinced he can ride out the slowing fortunes of America's oil and gas industry, Shawn Kluver...

The argument for divesting from fossil fuels is becoming overwhelming

fossil fuel divestmentThe world has much more coal, oil and gas in the ground than it can safely...

Costa Rica Has Gotten All Of Its Energy From Renewables For 75 Days Straight

Costa Rica abandons fossil fuelCosta Rica got 100 percent of its energy from renewables for 75 days straight this year,...

Pilots attempt to fly solar-powered plane around the world without fossil fuels

Solar powered planeBeam them up, sunshine!  Two Swiss explorers set off early Monday from Abu Dhabi aboard a...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!