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To: Maurice Winn who wrote (57486)	12/22/2004 6:58:44 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 74559

Re: <Using typical borrowing costs and equipment life, the life-cycle cost of PV- generated energy generally ranges from $0.20 to $1.00/kWh. > Your research has just confirmed my own. Conventional commercial generation stations come in at about $0.05 for the state of the art gas-fired combined cycle turbines of today. In other words, photovoltaic costs are still 400% higher.