Small Bear,
close but out a level of magnitude.
1-kWh base unit
1000kWh = Megawatt (MW)
1000MW =Gigawatt (GW)
22cents/kWh x 25kWh = $5.50/charge
Have to think about volume, 26MW/year would be a massive amount of cars yet it is so insignificant in the volume that sits behind the charger, a site that would warrant this sort of deployment would be at least 1GW.
Someone staying at the resort is likely to use twice as much energy just being there than charging their car.
The other thing about this... the other retailers have "talked about" doing this, yet little fellow LPE has been the only one with a mechanism that can actually do it. Once they get this cash position sorted to support these assets nothing can stop them, so good to see. I have been in the retail electricity sector for 20years, LPE are the only retailer that actually owns utility infrastructure (except incumbent dinosaurs like Ergon) and the service agreement on it.
so sad I didn't have any $$$ to get back in, I was worried about my investment only because the market doesn't get it....LPE is solid.
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Small Bear, close but out a level of magnitude. 1-kWh base unit...
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