"Even at 3% per year, by the end of 20 years, that 9.7 cents will be 18 cents. "
Yes, that is a personal justification for the financial investment. In 20 years at 3% a kWh will be less here than it is in Connecticut today. Much as I want to whine about Duke Progress, one result of their intransigence, micromanagement, and attachment to nukes is a low cost of power - very low. We have to weigh that against poisoned aquifers and ground water. On Tue, May 5, 2015 at 9:43 AM, Robert Bruninga via EV <[email protected]> wrote: > > I ... put up... PV to max out the... tax credits. If I am lucky > > it will return 7% to 9%, but Duke [utility]doesn't see it the way I > do... > > [their] rate is 9.7cents a kWh > > > You have to abhor cracked atoms, heavy water out the yingyang > > and arsenic laced coal ash ponds to find much justification for > residential PV here. > > To me that is the #1 justification. How can I in good conscience keep > burning and polluting the planet of my kids? > > And secondly, the 9.7 cents is not going to stay constant. Your solar > costs are done. Free now forever. But the utility will always go up. > Even at 3% per year, by the end of 20 years, that 9.7 cents will be 18 > cents. > > Bob > > > On Mon, May 4, 2015 at 7:25 PM, Ben Goren via EV <[email protected]> > wrote: > > > On May 4, 2015, at 4:15 PM, Cor van de Water via EV > > <[email protected]> > > wrote: > > > > > Again, the most optimal case would be that you can shift the full > > > 10kWh > > each day, which > > > would yield $2.60 per day or $950 per year. > > > In 10 years that would give you $9,500 which is about the money you > > invested in a 10kW > > > system, 10 years earlier so this would give you a zero-percent > > investment with risks. Not good. > > > > Actually...a ten-year payoff is about a 7% annual rate of return, > > which is really rather good. > > > > https://en.wikipedia.org/wiki/Rule_of_72 > > > > A ten-year payoff means that you've doubled your money over the course > > of ten years. 70 / 10 = 7%. > > > > (That of course assumes the battery is still worth $10K at the end, > > and so on. I've still found the Rule of 70 to be a rather useful tool > > for doing this kind of financial analysis...anything with a ten-year > > or better payoff is almost always something you should seriously > > consider leaping at, if you've got the capital to spare. You'll have > > less money in your pocket, yes, but your expenses will be dramatically > > lowered giving you a lot more financial flexibility and security.) > > > > b& > > _______________________________________________ > > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > > http://lists.evdl.org/listinfo.cgi/ev-evdl.org > > For EV drag racing discussion, please use NEDRA ( > > http://groups.yahoo.com/group/NEDRA) > > > > > > > -- > To invent, you need a good imagination and a pile of junk. > Thomas A. Edison > <http://www.brainyquote.com/quotes/quotes/t/thomasaed125362.html> > > A public-opinion poll is no substitute for thought. > *Warren Buffet* > > Michael E. Ross > (919) 585-6737 Land > (919) 576-0824 <https://www.google.com/voice/b/0?pli=1#phones> Google > Phone > (919) 631-1451 Cell > > [email protected] > <[email protected]> > -------------- next part -------------- > An HTML attachment was scrubbed... > URL: > <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20150504/3c4a08 > 5b/attachment.htm> > _______________________________________________ > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > http://lists.evdl.org/listinfo.cgi/ev-evdl.org > For EV drag racing discussion, please use NEDRA > (http://groups.yahoo.com/group/NEDRA) > _______________________________________________ > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > http://lists.evdl.org/listinfo.cgi/ev-evdl.org > For EV drag racing discussion, please use NEDRA ( > http://groups.yahoo.com/group/NEDRA) > > -- To invent, you need a good imagination and a pile of junk. Thomas A. Edison <http://www.brainyquote.com/quotes/quotes/t/thomasaed125362.html> A public-opinion poll is no substitute for thought. *Warren Buffet* Michael E. Ross (919) 585-6737 Land (919) 576-0824 <https://www.google.com/voice/b/0?pli=1#phones> Google Phone (919) 631-1451 Cell [email protected] <[email protected]> -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20150505/0bd93ea7/attachment.htm> _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
