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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Cogito Ergo Sum who wrote (41639)11/17/2003 10:19:35 PM
From: Raymond Duray  Read Replies (1) of 74559
 
KastelCo,

Re: I agree that Clint affair was simplistic... but I wonder how much cost could he have recouped had he been compensated ?

What I presented was a hypothetical best case scenario. Making the amortization 33.3 years. Since the utility was unwilling to compensate for energy sent back to the grid, Eastwood's amortization was actually much worse than this.

In other words, the most he could recoup on investment was $1,440/yr. (in my example). His actual result was worse.
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