To fund a solar power system for his alpaca
farm, an Alabama farmer combined a $40,648 U.S. Department of Agriculture
(USDA) grant, federal tax credits, and a $142,500 federally funded loan with a
1-percent interest rate.
Cozy Cove Alpaca and Llama Farm
in Gurley, Alabama is now generating its own power and is selling the excess
electricity at above-market prices to a corporation owned by the U.S.
government.
Alpaca farm owner Tony O’Neil received a
USDA “Rural
Energy for America Program” grant of $40,648 as part of his effort to
install a solar power system to generate electricity for his farm. Cozy Cove is
now generating its own power and selling the excess power to the Tennessee Valley Authority,
(TVA) which is owned by the federal government.
The TVA had a program going,” O’Neil tells
CNSNews.com. “There’s an incentive if you put solar panels on your farm or on
your house, they would buy all the power from you for 12 cents (per kilowatt
hour) above the normal rate that you pay.” - See more at:
So
then, if that’s the case, we should
assume that if a hamburger joint buys its hamburgers for one dollar and sells
them for fifty cents, that’s good business for those funding the restaurant? Right?
We have lost our minds!
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