
Originally Posted by
John_Hatchett
Austin Energy has allowed their customers to buy into very specific renewable projects and lock their energy price to the project, like a West Texas wind farm. For some of the very early adopters, they are now paying less than other customers, about 20% less. By having individual customers buy into a project, the project gets funded and built.
That's a very clever approach, at least presuming they can get enough capital to fund their projects. It makes the investors feel like owners, with a very vested interest in the outcome of the effort. For people who do this for social reasons, then it makes them feel like they're doing their part - you know, think global, act local and all that. For people who do this for economic reasons, it also makes them feel like they're doing the right thing. For people who think it's all a bunch of crap, they don't have to pay for projects they think are dumb, so they feel good. When the projects work out, like the wind farm example above, rational people may reconsider their objections to such project - that doesn't mean they'll conclude that an investment is warranted, but they will reconsider objectively.
I would love that kind of option in Northern Illinois. Instead I get the inbreeding of the political class that is so prevalent here.
As for the topic of this thread, my purchase of a Volt has nothing to do with green, and it has nothing to do with spending less money - this is all about OPEC for me. No gas = No OPEC. My cost per mile is high right now because of amortization costs of the car, not because of the operating expenses. I will say the low operating cost is definitely a benefit, but my principal itch has been scratched.
Ron C. / Chicago-area
2012 Crystal Red Tintcoat Volt C8794, acquired 11/08/2011
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