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To: PDMiller

The money comes from somewhere. It either comes from the end user of the power, or from the government in the form of a subsidy. In the latter case, if the money was really supplied by printing it, then it came by dilution of the proportionate wealth of all holders of that currency. In any case, to the extent these windmills cost more than power from conventional sources, it is a waste.

For all the real value these windmills provide to the utility’s customers, if the utility hired union workers to mold bricks and throw them in Lake Erie, the economic effect would be identical.


6 posted on 03/02/2011 10:12:22 AM PST by theBuckwheat
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To: theBuckwheat
... the eight Lackawanna windmills averaged about 40 Megawatt hours of electricity per year in 2008 and 2009...At the going rate for electricity, Steelwinds is still making over $2 million a year for the electricity it is generating.

So that is $50.00 a kilowatt hour if my math serves me. The average cost of electricity in NY is 10.20 to 16.73 cents per kilowatt hour according to DOE. So where is the additional $49.27 of additional profit coming from? hmmmmm
24 posted on 03/02/2011 10:36:53 AM PST by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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