News Focus
News Focus
icon url

iwondertoo

08/02/11 10:30 PM

#16659 RE: standintall #16656

According to that article, that mistakenly claims $75,000

[quote]The difference between the utility bill before and after the installation is the amount the dealership owes to Sunlogics. The estimated annual payment is about $75,000, Halvorson said. Sunlogics gets to sell the renewable energy credits associated with the project, and after 10 years, American Chevrolet can pay another one year’s worth of payment in order to own the whole project. “The net cost to me is zero,” Halvorson said.[/quote]

Since they are charging the volts free of charge, which uses more electricity.........if they charge more cars, they use more electricity, which would mean their electric bill wouldn't go down as much, which would mean their payments to SLMU would be much less. They would have to use the full solar electricity for the dealership, to decrease the electricity used from the grid, to have as large as possible a payment to SLMU, which is supposedly what they DON'T want, as they are marketing it to do the car charging.