Thursday, December 20, 2012

Solar Firms Under Investigation For Stimulus Swindle


A new regular feature on the Bail, John provides a weekly update on corruption, graft and waste in the green energy sector.
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Report: Solar firms under investigation for stimulus swindle
The nation’s three most productive solar installation firms are under investigation for allegedly exaggerating business costs to get larger cash payments through a federal stimulus program.The Treasury Department’s inspector general is asking SolarCity, SunRun and Sungevity to justify the more than $500 million in federal grants and tax credits they got for their work, according to The Washington Post.  The companies in question received payments through Treasury’s 1603 program, which was designed to increase renewable energy use.

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