Congressional Republicans have signaled their intention to find scandal in the Department of Energy’s loan program that would aid their efforts to repeal President Joe Biden’s landmark Inflation Reduction Act and its historic $369 billion in climate and energy provisions. Now, right-wing media are assisting those GOP efforts by targeting solar energy company Sunnova in reporting that mischaracterizes its federal loan guarantee and attacks the renewable energy industry as a whole.
On November 22, The Washington Free Beacon reported, “A solar company that was awarded a $3 billion Department of Energy loan has been accused of scamming dementia patients on their deathbeds into signing five-figure, multi-decade solar panel leases.” The article noted that the accusation “comes as the DOE’s Loan Programs Office is facing scrutiny from Congress over potential conflicts of interest involving the $3 billion federal loan to Sunnova Energy,” and quoted a former Energy Department official who claimed, “This is reminiscent of the mortgages of the 2000s, just getting people to sign, with no care at all as to the consequences. … Why not just call it subprime solar?"
While the report is troubling and worthy of scrutiny, the incidents documented by The Washington Free Beacon are not evidence that taxpayer money has been wasted or misused, nor is the story representative of all residential solar programs. In fact, as E&E News reported, “A loan program office official who was granted anonymity to speak candidly emphasized that the Sunnova project is a loan guarantee and that no money has actually gone out the door.” The article also cited clean energy lobbyist Joe Britton, who pointed out the political nature and the hypocrisy of the attacks: