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Wednesday, October 13, 2010 4:56:49 PM
I like how this is a question in their application process for the grant:
Describe the purpose of the grant, location of the project, potential economic benefit to the State, potential energy savings, potential natural resource savings and potential reduction in greenhouse gas emissions (attach multiple pages as necessary)
I would venture to guess that HLNT's response was a hit out of the ballpark.
The 'ENERGY ASSESSMENT FORM TEMPLATE' lists this as one of the qualifications for the grant:
3. Avoided Costs of Oil
Avoided cost for fuel oil, butane, or propane is calculated by summing the total cost for the fuel over the previous twelve months, summing the volume of fuel represented by these costs, and dividing the cost by consumption. Calculations for these fuels differ from those for electricity and natural gas in that these fuels are generally purchased on a non-periodic basis. In other words, fuel is purchased prior to the beginning of the “season” and replenished as needed. The volume of fuel on-site and its value must be determined at the beginning of the twelve-month period and again at the close of the twelve-month period. The prorate share of fuel and cost is added to those purchases made during the twelve-month period, and the prorate share of fuel on hand at the end of the period is subtracted.
Fuel cost is generally stated in terms of dollars per gallon, pound, therm, Ccf or Mcf and must be referenced to an energy density (Btu/lb, etc). These fuels may be used in calculations provided that the relative conversion efficiencies and cost per unit energy is considered.
Wonder how much a police force of over 900 vehicles could save in oil consumption?
Woot!! :)
NEW ADDITION TO POST:
XTREMEPICKS
Our members already seen over 1,000% gain on this monster storm but we are just in the calm middle waiting for the storm to brew again - and we are looking at sooner than later.
HLNT closed at $0.0137 consolidating recent gains and bounce play last week - however this is setting up for a major breakout once expected news hits the wire and we will be ready as well.
Last post for the day guys. Keep up the great work!!
IMO
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