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power choices

April 3rd, 2009 at 04:16 am

Saving log - $3 tip box
Spending log - $2 coffee

Turns out that my only non-dividend stock is getting bought out by company that does generate a dividend. Unfortunately, it doesn't have a formal reinvestment program. So one step at a time.

Sister got an offer to get a slightly better price on the solar power the farmette is generating, and the price is retroactive to the beginning. The idea is that we sell all the power, then buy back what we need, instead of using what we generate and selling the rest. There is a setup box involved at a cost of about $800. I figure that with the retroactive pricing from the beginning, we should get about $760 as a bonus. So from that aspect we are nearly at all gravy. However, we are locked into a price for 10 years. If the price of power goes down, then we sit pretty. If power goes up, not good, because we not only are generating cheap power, but we have to buy the power back at the expensive rate.

1 Responses to “power choices”

  1. Broken Arrow Says:
    1238765712

    If the price does go up, can't you re-route the power back into your house instead?

    What company and products did you go with? I love the idea of solar power. I wonder if I should look into something on a much smaller scale, before the summer heat strikes?

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