Your Federal Money at Work in Snohomish County

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I'd like someone to try to explain how this makes financial sense. Fourteen electric cars, powering them for $32K apiece, when just plugging them into the existing electrical grid would cost, by my estimate, less than a thousand dollars a year at $0.06 per kWh. It would take more than 30 years to break even.

Realistically though, it would be a lot less, likely. At 20K miles per car, using 0.2kWh per mile, it would be $240 per year per car, taking more than 130 years to break even.

I hope there's something more to this story, like, maybe they are going to power the Comcast Arena with the solar panels, too. I fear not, however.

I wonder what Rick Larsen thinks about this?

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This page contains a single entry by pudge published on May 12, 2010 11:19 AM.

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