4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Navy Makes Losing Bet on Solar

The Navy has admitted it failed to consider whether various solar projects it awarded contracts for at several California bases were cost effective. At least, not when spending money received under President Obama's 2009 American Recovery and Reinvestment Act.

“Officials incorrectly concluded that cost effectiveness was not required for planning Recovery Act energy projects,” says a report by the Pentagon’s inspector general.

So the Navy proceeded to green-light numerous projects that will cost far more than the power they’ll generate is worth. Locally, Naval Base Coronado and Naval Air Facility El Centro had the most efficient projects – they’ll generate enough energy over the next 20 years to pay 28% and 24% of the installation costs, respectively. Naval Base Point Loma expects to get back only 21% of what it invested into solar, and Naval Base San Diego will recoup only 16 cents on every dollar invested.

The Marine Corps did a little better on making cost effective investments, they hope to recover 39% of the cost of an installation at Camp Pendleton.

Overall, the Navy expects to lose about $25.1 million dollars of its $50.8 million investment.

Here's something you might be interested in.
Submit a free classified
or view all

Previous article

Five from the Fourth Annual Joyce Forum Jewish Short Film Festival

Short and sweet and sour

The Navy has admitted it failed to consider whether various solar projects it awarded contracts for at several California bases were cost effective. At least, not when spending money received under President Obama's 2009 American Recovery and Reinvestment Act.

“Officials incorrectly concluded that cost effectiveness was not required for planning Recovery Act energy projects,” says a report by the Pentagon’s inspector general.

So the Navy proceeded to green-light numerous projects that will cost far more than the power they’ll generate is worth. Locally, Naval Base Coronado and Naval Air Facility El Centro had the most efficient projects – they’ll generate enough energy over the next 20 years to pay 28% and 24% of the installation costs, respectively. Naval Base Point Loma expects to get back only 21% of what it invested into solar, and Naval Base San Diego will recoup only 16 cents on every dollar invested.

The Marine Corps did a little better on making cost effective investments, they hope to recover 39% of the cost of an installation at Camp Pendleton.

Overall, the Navy expects to lose about $25.1 million dollars of its $50.8 million investment.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Comments
5

The Navy has admitted it failed to consider whether various solar projects it awarded contracts for at several California bases were cost effective. At least, not when spending money received under President Obama's 2009 American Recovery and Reinvestment Act.

“Officials incorrectly concluded that cost effectiveness was not required for planning Recovery Act energy projects,” says a report by the Pentagon’s inspector general.

== Why are gov employees so stoopid?

WHY would this even needed to be stated, a cost return ROI??????? Oh, because it is OPM, that' is the only reason.

Oct. 10, 2011

Come on, SurfPup, this had nothing to do with "stoopid" by the Navy. That stimulus bill was intended to shoot liquidity into the economy, or so it was claimed. The usual "rules" of doing such things as solar installations had nothing to do with just spending $ billions. OPM was wonderful stuff. But now our society is running out of it, much as Margaret Thatcher said would happen. The "stoopid" is us all, the pols we elect, and a bunch of shaky economic theories.

Oct. 11, 2011

LOL!

Oct. 11, 2011

There's a sign at the Valley View Casino that says the hotel there was built with stimulous money.

Oct. 13, 2011

I think Visduh is right. When the people at the top act as if the gov't is a bottomless pit of money, why should the people to whom they're handing it out bother to make sure they spend it wisely?

Oct. 21, 2011

Sign in to comment

Sign in

Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories From the Archives — Spotlight on the past Golden Dreams — Talk of the town Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close