[count-your-change]

In slightly over 227 years the system will pay for itself. Sounds like the wave of the future...way in the future.

[JRochelle]

Your math is way wrong.

cost: 1,000,000.00

assuming the average home spends 100.00 a month on electricity, they can produce enough for 200.00 homes.

200x$100.00=20,000.00 per month.

That is 240,000.00 per year.

[upchuck]

In slightly over 227 years the system will pay for itself. Sounds like the wave of the future...way in the future.

The secret here is this phrase buried in the article:

He said energy prices and government grants are what has made the digesters successful.

So, we're ALL helping these gadgets pay for themselves. How cute!

[Prophet in the wilderness]

They said their system can produce enough electricity for 200 homes, I am guessing a average home electric bill a month now a days about $ 500 ?
I can only guess the electric company pays them for their energy produced, so ? they could be bring in about $ 20,000 a month from those homes.
In 5 months, they have $100,000, I am guessing this system will pay for it self in about 2 to 3 years.

[ProtectOurFreedom]

At merchant power rates of 0.04 $/kWh plus the monthly savings of $4,000/month for sawdust bedding, I calculate a simple payback of less than 10 years (ignoring cost of capital and ignoring O&M costs). Add in those, and payback is probably less than 20 years.

If the farm were required to install odor control, the payback would be a lot less.

This actually sounds like it might be a decent investment.