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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (3578)	3/26/2001 9:21:41 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 33421

Eastwood's system, installed early last year, cost $200,000. According to Michael Waxer, vice president of the Carmel Development Co., Eastwood put in the system even after finding out it would cost him $6 per watt -- about twice the rate that made sense economically. And there's lies the rub.. cost per watt. But I definitely agree with Clint about being paid for whatever power he provides back into the grid. I am becoming more convinced that this summer could cause some terrific operational problems for California companies. I wonder how many will be shifting their operations to off-peak hours. Regards, Ron