To: Libloather
Tybee would have to invest an estimated $134,000 in shipping and installation expenses but could save more than $400,000 in electricity costs over the 20-year life of the turbine. Is it me, or do the savings seem a bit skimpy?
To: Focault's Pendulum
"Tybee would have to invest an estimated $134,000 in shipping and installation expenses but could save more than $400,000 in electricity costs over the 20-year life of the turbine."
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Is it me, or do the savings seem a bit skimpy?
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On the face of it, yes. But, if one could borrow $150K@5% over 30yrs, then the loan would be $805/month & the electric "savings" would be $400K/20/12=$1,667/month.
So, it costs $805 a month to get $1,667 a month in savings.
That seems OK, unless there's more to the story [I didn't read the article, but am just going on the numbers presented.]
17 posted on
02/02/2014 1:49:11 PM PST by
Darteaus94025
(Can't have a Liberal without a Lie)
To: Focault's Pendulum
Do you see an expense item missing from that $134,000 number? It’s way greater than $134,000.
23 posted on
02/03/2014 10:19:45 AM PST by
Cyber Liberty
(H.L. Mencken: "The urge to save humanity is almost always a false front for the urge to rule.")
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