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Tuesday, February 24, 2015 10:18:46 PM
An average 2,400-square-foot home uses 903 kilowatt hours of power monthly, according to the federal government. A marijuana grow consumes about 360 kWh a month per 25 square feet, according to industry experts, more during the different growing phases. A grow that accommodates 20-25 plants can use as much power as 29 refrigerators, with estimates of about 5,000 kWh to grow 1 kilogram of pot.
How bad is it? Boulder County will levy a charge of 2.16 cents per kWh on all electricity consumed by marijuana growers, which works out to about $100 extra for each kilogram of finished pot. Growers will have the option of offsetting their energy use by installing their own energy sources, and this is what could make AFPW stock very bullish.
http://www.wallstreetnewscast.com/news/2015/01/afpw-3152.html
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