bart_reed

Champion Author
Los Angeles
Posts:3,974 Points:785,630 Joined:Mar 2011
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Message Posted: Sep 18, 2012 6:52:43 AM
A smart investment.
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52MPG

Champion Author
Dayton
Posts:7,262 Points:1,741,705 Joined:Apr 2006
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Message Posted: Sep 18, 2012 5:34:24 AM
Not financially viable.
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TustinDad

Champion Author
Orange County
Posts:4,281 Points:907,440 Joined:Feb 2008
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Message Posted: Sep 18, 2012 12:51:19 AM
ghmortensen wrote: "It's amazing, looking thru the comments that only about 1 person in 10 actually realize that Aberdeen is spending almost 4 times the money up front than they will get back over the next fifteen years! The only way this will pay off for the citizens of Aberdeen is if they are getting most of the money for the project from the state and/or federal governments (and that means that all the rest of us are paying for Aberdeen's electic use)!"
What's really amazing is that 9 in 10 read the article, comprehended what they read and went on. Unfortunately, you are not in that category.
Here is what it reads:
"Under the power purchase agreement, Nexus finances, constructs, maintains and owns the solar energy system. It then sells the electricity at a reduced cost to the township government. “There are no upfront costs. We get all the benefits without the expenses,” said township Manager Holly Reycraft."
Sooo, there is NO installation cost and NO maintenance cost for the township. The listed saving is just that, SAVING. Try to read and comprehend next time, please.
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MidNJ

Champion Author
New Jersey
Posts:7,554 Points:1,172,595 Joined:Sep 2009
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Message Posted: Sep 18, 2012 12:27:00 AM
Sailfree,
As previously stated;
"Sure do wish that those who criticize the savings would read the whole article, not just the snippit."
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sailfreeMI

Champion Author
Michigan
Posts:2,291 Points:458,425 Joined:Jul 2011
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Message Posted: Sep 17, 2012 9:34:10 PM
Hmmmm.....$750,000 savings in 15 years, only 60 years to break even.....
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lucky69

Champion Author
Austin
Posts:2,761 Points:1,467,590 Joined:May 2008
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Message Posted: Sep 17, 2012 9:28:56 PM
good to hear.
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PDQBlues

Champion Author
San Diego
Posts:7,069 Points:1,447,350 Joined:Jan 2009
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Message Posted: Sep 17, 2012 9:19:37 PM
"Over the next 15 years, Aberdeen should achieve a savings of approximately $750,000 or more, Harris said."
Let that be an incentive for more towns to go solar.
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CapriceWagon

All-Star Author
Washington
Posts:934 Points:478,845 Joined:Feb 2008
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Message Posted: Sep 17, 2012 7:29:05 PM
Good luck with that
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MidNJ

Champion Author
New Jersey
Posts:7,554 Points:1,172,595 Joined:Sep 2009
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Message Posted: Sep 17, 2012 7:01:51 PM
Sure do wish that those who criticize the savings would read the whole article, not just the snippit.
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condé

Champion Author
Michigan
Posts:3,741 Points:1,813,665 Joined:Oct 2004
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Message Posted: Sep 17, 2012 4:16:44 PM
Sure just like everyone else going solar!!!
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Cheepo

Champion Author
Tampa
Posts:9,889 Points:3,128,005 Joined:Apr 2003
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Message Posted: Sep 17, 2012 2:49:42 PM
Still too much money!!!!!
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1OILMAN

Champion Author
Alabama
Posts:2,075 Points:158,205 Joined:Mar 2011
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Message Posted: Sep 17, 2012 2:39:03 PM
They just got bamboozled. Never, ever pay for itself. It is a big loser.
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Agarre

Champion Author
Richmond
Posts:1,335 Points:263,785 Joined:Feb 2012
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Message Posted: Sep 17, 2012 1:57:24 PM
lets see
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RoadKing95

Champion Author
San Jose
Posts:20,554 Points:3,603,240 Joined:May 2003
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Message Posted: Sep 17, 2012 1:38:00 PM
PithyOpiner - in penciling it out, did you check out the solar companies that wii do the same as Nexus is doing for this NJ township? I've seen a lot of solar companies in California that will do the install, maintenance and all for no upfront cost to you. They own it all, and you get the reduced electric bill. They take the risk, and you share in the reward.
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RoadKing95

Champion Author
San Jose
Posts:20,554 Points:3,603,240 Joined:May 2003
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Message Posted: Sep 17, 2012 1:30:30 PM
ghmortensen, 96sc1, and all the rest below who prove they didn't bother to read the article or just can't comprehend, read the following from the article;
>>Benefits without expenses
Under the power purchase agreement, Nexus finances, constructs, maintains and owns the solar energy system. It then sells the electricity at a reduced cost to the township government.
“There are no upfront costs. We get all the benefits without the expenses,” said township Manager Holly Reycraft.<<
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momster1

Veteran Author
Wisconsin
Posts:448 Points:289,415 Joined:Mar 2011
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Message Posted: Sep 17, 2012 1:17:32 PM
Solar and wind
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snappytom2

Champion Author
Corpus Christi
Posts:3,546 Points:274,545 Joined:Jul 2008
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Message Posted: Sep 17, 2012 1:10:08 PM
The oil, gas, and coal big boys are not going to like that.
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skybiker

Champion Author
South Carolina
Posts:7,292 Points:1,559,415 Joined:Jul 2008
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Message Posted: Sep 17, 2012 12:37:35 PM
Hope they don't leak like mine did ..failed after only 3 years..
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mageetp

Champion Author
British Columbia
Posts:3,205 Points:625,735 Joined:Aug 2011
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Message Posted: Sep 17, 2012 12:36:48 PM
When do they expect to start saving money ?
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ghmortensen

Champion Author
Minnesota
Posts:1,994 Points:1,669,655 Joined:Jan 2007
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Message Posted: Sep 17, 2012 12:30:52 PM
It's amazing, looking thru the comments that only about 1 person in 10 actually realize that Aberdeen is spending almost 4 times the money up front than they will get back over the next fifteen years! The only way this will pay off for the citizens of Aberdeen is if they are getting most of the money for the project from the state and/or federal governments (and that means that all the rest of us are paying for Aberdeen's electic use)!
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96sc1

Champion Author
El Paso
Posts:8,517 Points:1,367,440 Joined:Mar 2008
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Message Posted: Sep 17, 2012 12:25:54 PM
So the township is "financing" a project (i.e. charging taxpayers) which costs $2.9 million to save $750,000 over the next 15 years. If I were a taxpayer, I would be very angry.
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bullfrog69

Champion Author
Texas
Posts:2,304 Points:833,510 Joined:Nov 2009
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Message Posted: Sep 17, 2012 12:22:25 PM
Whos savings, Our savings?
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WestMichigan

Champion Author
Grand Rapids
Posts:2,478 Points:555,840 Joined:Mar 2011
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Message Posted: Sep 17, 2012 12:19:20 PM
Wow, spend $2.9 million to save $750,000. That makes sense.
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PithyOpiner

Champion Author
Stockton
Posts:16,200 Points:1,596,570 Joined:Jun 2008
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Message Posted: Sep 17, 2012 12:17:00 PM
I would do it on my home if it only would pencil out to be a savings in the near term. But, all my calculations indicate it is not much of a cost effective endeavor right now.
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jamofsocal

All-Star Author
Los Angeles
Posts:935 Points:228,890 Joined:Aug 2012
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Message Posted: Sep 17, 2012 12:13:17 PM
They should also look at Dow Solar Shingles for some of their buildings to help augment the solar panels.
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svspyda

Champion Author
San Jose
Posts:1,668 Points:338,985 Joined:May 2012
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Message Posted: Sep 17, 2012 12:13:09 PM
fine
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SaraiM

Champion Author
St. Louis
Posts:1,327 Points:246,375 Joined:Sep 2012
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Message Posted: Sep 17, 2012 12:12:18 PM
Sounds good!
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murp1335

Veteran Author
Texas
Posts:305 Points:73,905 Joined:Jan 2012
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Message Posted: Sep 17, 2012 12:12:13 PM
great
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oldforger

Veteran Author
Calgary
Posts:409 Points:355,780 Joined:Jan 2012
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Message Posted: Sep 17, 2012 12:10:16 PM
good
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btex49

Champion Author
Austin
Posts:2,715 Points:530,105 Joined:Aug 2011
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Message Posted: Sep 17, 2012 12:10:04 PM
Good... I hope it works there and that it will work other places that have the courage to step forward.
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Double_Golden

Champion Author
San Francisco
Posts:2,560 Points:604,635 Joined:Aug 2011
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Message Posted: Sep 17, 2012 12:08:25 PM
a $3 million solar project only saving of approximately $750,000 or more, do they know how to do any "MATH" , LMAO...
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seahawks

Champion Author
Washington
Posts:3,227 Points:1,963,745 Joined:Sep 2005
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Message Posted: Sep 17, 2012 12:08:18 PM
that is great for them!!!
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Thadius330

Veteran Author
San Antonio
Posts:403 Points:90,820 Joined:Aug 2012
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Message Posted: Sep 17, 2012 12:06:59 PM
Good for them
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dieselme2011

Champion Author
Vancouver
Posts:2,594 Points:602,840 Joined:Mar 2011
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Message Posted: Sep 17, 2012 12:06:34 PM
ok
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Settjec

Champion Author
Little Rock
Posts:1,979 Points:687,745 Joined:May 2010
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Message Posted: Sep 17, 2012 12:04:45 PM
ok
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windows7isfast

Champion Author
Winnipeg
Posts:2,409 Points:491,250 Joined:Nov 2011
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Message Posted: Sep 17, 2012 12:04:34 PM
wow
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briinnc

Champion Author
North Carolina
Posts:2,705 Points:834,820 Joined:Jan 2010
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Message Posted: Sep 17, 2012 12:02:43 PM
Hope that's not Aberdeen in Scotland, the sun's a sight as rare as a Scotsman wallet when it's time to buy a round.
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fireman13

Sophomore Author
Milwaukee
Posts:195 Points:1,636,475 Joined:Oct 2005
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Message Posted: Sep 17, 2012 12:00:04 PM
Lets see we spend 2.9 million to save .75 million hum, what a bunch of horse hockey. No wonder goverment is so messed up.
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MikeMotorhead

All-Star Author
Detroit
Posts:752 Points:527,705 Joined:Oct 2009
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Message Posted: Sep 17, 2012 11:58:08 AM
Hope it work out.
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WGW1

Champion Author
British Columbia
Posts:1,242 Points:389,240 Joined:Jun 2010
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Message Posted: Sep 17, 2012 11:58:02 AM
maybe the rest of the country can take note
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dynamouse

Champion Author
Michigan
Posts:4,503 Points:1,749,850 Joined:Dec 2006
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Message Posted: Sep 17, 2012 11:57:55 AM
if that's what they want great
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ramshot412

Champion Author
Riverside
Posts:20,147 Points:2,465,490 Joined:Apr 2004
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Message Posted: Sep 17, 2012 11:57:35 AM
Great
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jpj23

Champion Author
Los Angeles
Posts:5,705 Points:1,098,725 Joined:Jul 2008
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Message Posted: Sep 17, 2012 11:56:19 AM
How does this affect the rest of the country? I don't see why this is useful news.
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mrservonics

Champion Author
Boston
Posts:2,727 Points:1,352,615 Joined:May 2005
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Message Posted: Sep 17, 2012 11:55:28 AM
GREAT!!
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tco9436

Champion Author
Connecticut
Posts:1,772 Points:722,175 Joined:Mar 2010
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Message Posted: Sep 17, 2012 11:54:39 AM
Cool
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btcscoc1

All-Star Author
Los Angeles
Posts:930 Points:229,535 Joined:Aug 2012
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Message Posted: Sep 17, 2012 11:54:35 AM
ok
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NanookAK

Champion Author
Anchorage
Posts:7,247 Points:1,440,040 Joined:Nov 2007
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Message Posted: Sep 17, 2012 11:54:12 AM
Others should take the hint.
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JCI46009IN

Champion Author
Indiana
Posts:2,129 Points:439,570 Joined:Sep 2011
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Message Posted: Sep 17, 2012 11:53:36 AM
Great & informative article
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INBwana

Champion Author
Indiana
Posts:5,457 Points:695,985 Joined:Apr 2011
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Message Posted: Sep 17, 2012 11:52:17 AM
Go for it. Saving money is the way to go.
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ratones1

Champion Author
Los Angeles
Posts:2,912 Points:731,980 Joined:Mar 2011
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Message Posted: Sep 17, 2012 11:52:02 AM
INTERESTING...
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