Navy losing money on solar panels, audit says
WASHINGTON — The Navy is unwisely losing money on new solar energy panels installed with stimulus funds at Lemoore Naval Air Station and other California bases, auditors say.
Lemoore was among 10 Navy and Marine Corps bases in California to have new solar energy systems installed even though they won’t be cost-effective, the Pentagon auditors found.
As a result, taxpayers will be out $25.1 million while the Obama administration finds another shadow cast over its use of stimulus funds for renewable energy.
“Officials incorrectly concluded that cost-effectiveness was not required for planning [stimulus fund] energy projects,” the Defense Department’s Office of Inspector General noted in its 90-page report, released in late September.
The Navy officially says it disagrees with the conclusion that the projects were required to be cost-effective. A Lemoore spokesperson on Friday referred questions to another Navy public information officer, who could not be reached. (Fresno Bee)