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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?

7 posted on 02/02/2014 12:30:31 PM PST by Focault's Pendulum (I live in NJ....' Nuff said!)
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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."
====================

Is it me, or do the savings seem a bit skimpy?

=======================

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)
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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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