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Re: Stock_Barber post# 111738

Wednesday, 06/29/2016 4:27:44 PM

Wednesday, June 29, 2016 4:27:44 PM

Post# of 141614

It is complete nonsense to value the Chicago Charging Network anywhere near $100k...


Why not, we don't even know if it is making any money after the networking fees and maintenance. NRG went on the record stating they were losers.

CCGI spent many times that suing to get it back (and lost)! They will pay at least 10X that in damages to JNSH!


CCGI used their lawyer which was on payroll, they spent very little, Probably some court fees and some flight and hotel bills that were written off. What damages do they have to collect???? lost revenue???? They already have the turd chargers.

The state of Illinois put up millions to install it! The total budget was $8.8M!


That was their budget, but the project was never completed so your numbers are irrelevant. Yes municipalities waste tax payer money. They spend it to encourage the use of green technology. To sell cars. The Obama administration missed targets by 2/3 rds. Think of public charging like airbags, they make them. sell them and are expected to be rarely used. NRG's 650 DC chargers probably cost 50 million o install, but they probably got less than a million. After all what kind of an idiot would overpay for a business that was losing money.They say maintenance costs on level 3's are really expensive.