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The first half megawatt - Page 44

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Posted by Peter Franks on April 9, 2011, 11:53 pm
On 4/9/2011 12:01 AM, Giga2 <Giga2 wrote:

That's worse.  Assuming 25 yrs. left on a 30 yr. loan @ 4%, interest is

Posted by Giga2 on April 10, 2011, 6:35 am

But you could pay it off in 10 years as well, if you choose.

Posted by Peter Franks on April 10, 2011, 6:07 pm
 On 4/9/2011 11:35 PM, Giga2 <Giga2 wrote:

Or had the $$.

You could buy it outright and not finance it too, again, if you had the $$.

The point that I've made is that for most people, the cost of PV is far
too expensive to justify.  The costs, esp. when financed are NOT cost
effective, and therefore, will appeal to a very few/select subset of
people that either have disposable income (disposable in the literal
sense) or some other agenda.

For the time being, PV is not cost effective, even in Germany.

Posted by Giga2 on April 10, 2011, 9:13 pm

A lot quicker than at 7%.

You are just simply denying what Tom has said. Do you think he is lying?

Posted by Peter Franks on April 11, 2011, 4:31 pm
 On 4/10/2011 2:13 PM, Giga2 <Giga2 wrote:

Tom said that a business paid for it outright.

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