bart_reed

Champion Author
Los Angeles
Posts:4,110 Points:813,155 Joined:Mar 2011
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Message Posted: Sep 18, 2012 5:52:43 AM
A smart investment.
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52MPG

Champion Author
Dayton
Posts:7,397 Points:1,768,430 Joined:Apr 2006
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Message Posted: Sep 18, 2012 4:34:24 AM
Not financially viable.
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TustinDad

Champion Author
Orange County
Posts:4,377 Points:915,560 Joined:Feb 2008
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Message Posted: Sep 17, 2012 11:51:19 PM
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:7,686 Points:1,197,290 Joined:Sep 2009
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Message Posted: Sep 17, 2012 11:27:00 PM
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:2,311 Points:469,175 Joined:Jul 2011
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Message Posted: Sep 17, 2012 8:34:10 PM
Hmmmm.....$750,000 savings in 15 years, only 60 years to break even.....
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lucky69

Champion Author
Austin
Posts:2,795 Points:1,489,120 Joined:May 2008
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Message Posted: Sep 17, 2012 8:28:56 PM
good to hear.
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PDQBlues

Champion Author
San Diego
Posts:7,209 Points:1,475,050 Joined:Jan 2009
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Message Posted: Sep 17, 2012 8:19:37 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

Champion Author
Washington
Posts:1,009 Points:502,870 Joined:Feb 2008
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Message Posted: Sep 17, 2012 6:29:05 PM
Good luck with that
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MidNJ

Champion Author
New Jersey
Posts:7,686 Points:1,197,290 Joined:Sep 2009
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Message Posted: Sep 17, 2012 6:01:51 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:3,816 Points:1,830,940 Joined:Oct 2004
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Message Posted: Sep 17, 2012 3:16:44 PM
Sure just like everyone else going solar!!!
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Cheepo

Champion Author
Tampa
Posts:9,989 Points:3,147,905 Joined:Apr 2003
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Message Posted: Sep 17, 2012 1:49:42 PM
Still too much money!!!!!
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1OILMAN

Champion Author
Alabama
Posts:2,153 Points:181,140 Joined:Mar 2011
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Message Posted: Sep 17, 2012 1:39:03 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 12:57:24 PM
lets see
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RoadKing95

Champion Author
San Jose
Posts:20,699 Points:3,630,940 Joined:May 2003
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Message Posted: Sep 17, 2012 12:38:00 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:20,699 Points:3,630,940 Joined:May 2003
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Message Posted: Sep 17, 2012 12:30:30 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:450 Points:313,780 Joined:Mar 2011
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Message Posted: Sep 17, 2012 12:17:32 PM
Solar and wind
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snappytom2

Champion Author
Corpus Christi
Posts:3,634 Points:278,955 Joined:Jul 2008
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Message Posted: Sep 17, 2012 12:10:08 PM
The oil, gas, and coal big boys are not going to like that.
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skybiker

Champion Author
South Carolina
Posts:7,403 Points:1,585,640 Joined:Jul 2008
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Message Posted: Sep 17, 2012 11:37:35 AM
Hope they don't leak like mine did ..failed after only 3 years..
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mageetp

Champion Author
British Columbia
Posts:3,345 Points:653,435 Joined:Aug 2011
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Message Posted: Sep 17, 2012 11:36:48 AM
When do they expect to start saving money ?
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ghmortensen

Champion Author
Minnesota
Posts:2,038 Points:1,692,185 Joined:Jan 2007
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Message Posted: Sep 17, 2012 11:30:52 AM
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 11:25:54 AM
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:850,010 Joined:Nov 2009
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Message Posted: Sep 17, 2012 11:22:25 AM
Whos savings, Our savings?
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WestMichigan

Champion Author
Grand Rapids
Posts:2,570 Points:577,665 Joined:Mar 2011
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Message Posted: Sep 17, 2012 11:19:20 AM
Wow, spend $2.9 million to save $750,000. That makes sense.
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PithyOpiner

Champion Author
Stockton
Posts:16,389 Points:1,623,295 Joined:Jun 2008
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Message Posted: Sep 17, 2012 11:17:00 AM
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:981 Points:250,395 Joined:Aug 2012
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Message Posted: Sep 17, 2012 11:13:17 AM
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:1,748 Points:354,985 Joined:May 2012
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Message Posted: Sep 17, 2012 11:13:09 AM
fine
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SaraiM

Champion Author
St. Louis
Posts:1,462 Points:273,100 Joined:Sep 2012
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Message Posted: Sep 17, 2012 11:12:18 AM
Sounds good!
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murp1335

Veteran Author
Texas
Posts:313 Points:76,015 Joined:Jan 2012
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Message Posted: Sep 17, 2012 11:12:13 AM
great
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oldforger

Veteran Author
Calgary
Posts:462 Points:380,865 Joined:Jan 2012
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Message Posted: Sep 17, 2012 11:10:16 AM
good
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btex49

Champion Author
Austin
Posts:2,835 Points:554,655 Joined:Aug 2011
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Message Posted: Sep 17, 2012 11:10:04 AM
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:2,695 Points:632,110 Joined:Aug 2011
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Message Posted: Sep 17, 2012 11:08:25 AM
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:3,326 Points:1,984,275 Joined:Sep 2005
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Message Posted: Sep 17, 2012 11:08:18 AM
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 11:06:59 AM
Good for them
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dieselme2011

Champion Author
Vancouver
Posts:2,726 Points:628,590 Joined:Mar 2011
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Message Posted: Sep 17, 2012 11:06:34 AM
ok
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Settjec

Champion Author
Little Rock
Posts:2,116 Points:711,590 Joined:May 2010
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Message Posted: Sep 17, 2012 11:04:45 AM
ok
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windows7isfast

Champion Author
Winnipeg
Posts:2,532 Points:515,940 Joined:Nov 2011
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Message Posted: Sep 17, 2012 11:04:34 AM
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 11:02:43 AM
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:202 Points:1,657,315 Joined:Oct 2005
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Message Posted: Sep 17, 2012 11:00:04 AM
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:765 Points:546,115 Joined:Oct 2009
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Message Posted: Sep 17, 2012 10:58:08 AM
Hope it work out.
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WGW1

Champion Author
British Columbia
Posts:1,377 Points:415,965 Joined:Jun 2010
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Message Posted: Sep 17, 2012 10:58:02 AM
maybe the rest of the country can take note
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dynamouse

Champion Author
Michigan
Posts:4,584 Points:1,764,875 Joined:Dec 2006
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Message Posted: Sep 17, 2012 10:57:55 AM
if that's what they want great
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ramshot412

Champion Author
Riverside
Posts:20,274 Points:2,490,590 Joined:Apr 2004
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Message Posted: Sep 17, 2012 10:57:35 AM
Great
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jpj23

Champion Author
Los Angeles
Posts:5,806 Points:1,117,875 Joined:Jul 2008
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Message Posted: Sep 17, 2012 10:56:19 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:2,864 Points:1,380,130 Joined:May 2005
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Message Posted: Sep 17, 2012 10:55:28 AM
GREAT!!
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tco9436

Champion Author
Connecticut
Posts:1,807 Points:743,650 Joined:Mar 2010
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Message Posted: Sep 17, 2012 10:54:39 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 10:54:35 AM
ok
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NanookAK

Champion Author
Anchorage
Posts:7,413 Points:1,467,740 Joined:Nov 2007
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Message Posted: Sep 17, 2012 10:54:12 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 10:53:36 AM
Great & informative article
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INBwana

Champion Author
Indiana
Posts:5,702 Points:722,710 Joined:Apr 2011
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Message Posted: Sep 17, 2012 10:52:17 AM
Go for it. Saving money is the way to go.
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ratones1

Champion Author
Los Angeles
Posts:2,987 Points:756,005 Joined:Mar 2011
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Message Posted: Sep 17, 2012 10:52:02 AM
INTERESTING...
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