Portland’s TriMet transit agency is spending more than $370,000 to install solar panels on a downtown building. This will initially save the agency less than $3,700 a year, and even if the savings increase over time, when interest is counted there will be something close to a 100-year payback period.
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TriMet is doing this because it had the money left over after building a light-rail line to Clackamas, Oregon. It’s not like it could have returned the money to the taxpayers, or at least spent it on improved bus service or something that has an actual transportation benefit. In Portland, image is far more important than reality.
