SolarCity

Wind and solar are in the subsidy business, not the electricity business.

SolarCity, a subdivision of electric vehicle maker Tesla, agreed to pay $29.5 million to resolve allegations the company submitted inflated claims to cash in on a solar stimulus program.

SolarCity, one of the largest installers of rooftop solar panels in the U.S., has been subpoenaed by the Department of Justice as part of an ongoing corruption probe into New York Democratic Gov. Andrew Cuomo’s administration.