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Technology Stocks : Plug Power Fuel Cells (PLUG)

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To: AnnieO who wrote (23)	1/22/2000 9:05:00 PM
From: Krowbar	Read Replies (2) of 83

AnnieO , You've posted a lot of stuff to respond to. First, the unit should cost less than 7K, not 10K. If it is amortized into the cost of the mortgage, the savings on total utility bills should offset the added payment. You will have a higher gas bill, but the increase should be less than what you were paying in electric bills. There are answers to many of your questions in their FAQs at the GE MicroGen Web site, but I'll cover some of them here. gemicrogen.com Each unit should use about $35 worth of platinum, about .08 oz. I think that there will be enough production. There are about 3 million ounces mined per year, so 300,000 units per year would use less than 1% of production. I don't think that we'll sell that many for a few years. In any event, much of the platinum is located in Russia and So. Africa. Their economies could use the boost that increased demand would create. I don't know where you got the sulhper byproducts, but the CO2 and water vapor could be vented outside if the unit is in the basement. The overall pollution is far less per KWH than from traditional generation. The units that will be sold in 2001 are not experimental units. They will be production models. From the FAQs.... 13. Does the HomeGen 7000 need any upkeep? The GE HomeGen 7000 has a long life and needs little maintenance. The system does require a simple annual check-up by an authorized service technician and component replacements every four to six years. This maintenance ensures reliability and power availability. You may opt for a service contract through GE resellers to avoid having to administer this maintenance yourself. The qualified GE reseller in your region will have a service network with 24-hour on-call service support to immediately respond to the repair of your HomeGen 7000. Again, read through the FAQs at the above link. Del

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