Reply To: Focus fusion and transportation

[Aeronaut]

Rematog wrote: 10 million @6%

30 yr amortization = $719K/yr
20 yr = $860K/yr
10 yr = $1,332K/yr

10 million @8%
30 yr = $881K/yr
20 yr = $1,004K/yr
10 yr = $1,456K/yr

The above does not take into account taxes, depreciation, profits(?).

I’d also point out that the quick cost of power I did earlier today did’nt include any overhead for administration, insurance, profit, etc.

Rematog

Thanx for the numbers, Rematog.

From the bottom up, the utility partner would bill admin, insurance, profit, and other reasonable service amounts and deduct them from my township’s power bill. Like the way I reversed a common term that everybody thinks they know the meaning of? As this unfolds, I’m thinking of this more and more as one of those fabled Public/Private Partnerships which is coming into style for funding and managing large projects. In this case we would have 3 parties- the township voters, township government, and the utility company. I don’t think we’d have to look very hard to locate energy grants from the feds and possibly the state. Who knows- maybe they could provide enough loans to do this without, or with a much smaller bond issue.

Something to keep in is that Michigan’s entire economy is too closely tied to Detroit’s fortunes. Governor Granholm’s recovery strategy has centered around turning Michigan into the world’s renewable energy capitol by luring solar panel and windmill factories to locate here. She’s a lame duck, so a FF plant could give her the triumphant exit she’s got to be looking for. Not just a feather in her cap, but a full war bonnet when she goes to Washington.

Local politics aside, how many reactors do I need to reverse my $1,500/yr property taxes after all bills are paid? Not eliminate my property taxes, reverse the cash flow, please.