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UC Professor Says Solar Panels A Waste Of Money

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Feb 21, 2008 12:22 am US/Pacific

UC Professor Says Solar Panels A Waste Of Money

 Solar Panel Study Findings (.pdf)
 Environment & The Green Beat
BERKELEY (CBS 5) ― Solar panels are supposed to save the environment and eventually save you money. But a well-respected UC Berkeley professor says people are "throwing money away" by installing the panels.

Severin Borenstein of the UC Berkeley Energy Institute said his study shows photovoltaic solar panels are just too inefficient to save money over their 30 year history. He said the billions of dollars spent subsidizing solar panel installation are better spent on research and development, along with other energy conservation measures.

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