Tax
Hi Ufo,
Not an investment but a tax. You want to "buy" 11kW and mother nature demands a 1000 Watt tax on your "purchase". A 9% tax on the electric generator looks like a real bargin compared to the 330% tax you pay on a gas engine. There, for the 11 kW you want you must pay a tax of 26,000 Watts.
It'd be great if you find a tax free deal, or better yet, a no cost handout. But in the meantime, electric machines are the best choice you have, especially if you're willing to make the investment to take advantage of handouts like wind, hydro or geothermal steam.
Regards,
bi
Originally posted by Ufopolitics
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Not an investment but a tax. You want to "buy" 11kW and mother nature demands a 1000 Watt tax on your "purchase". A 9% tax on the electric generator looks like a real bargin compared to the 330% tax you pay on a gas engine. There, for the 11 kW you want you must pay a tax of 26,000 Watts.
It'd be great if you find a tax free deal, or better yet, a no cost handout. But in the meantime, electric machines are the best choice you have, especially if you're willing to make the investment to take advantage of handouts like wind, hydro or geothermal steam.
Regards,
bi
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