Bloom Energy Subsidy

I sent the following letter to the News Journal:

A recent report in the News Journal indicates that Delmarva Power customers are subsidizing Bloom Energy in excess of $3 million per month. That is about $40 million per year.

I have a couple of questions for the governor and legislature:

1) If Bloom actually creates 1000 jobs (likely an optimistic scenario), the subsidy works out to $40,000 per job per year. Are these jobs actually worth $40,000 each to the state of Delaware? If not, why are we paying this subsidy?

2) If these jobs are important to the State of Delaware, why is it fair that only the Delmarva Power customers have to pay the subsidy, why not all the citizens in Delaware?

Comments

Comments powered by Disqus