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Technology Stocks : KMI- a fallen high dividend yielder - for how long? -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (69)10/16/2019 1:50:58 PM
From: E_K_S  Read Replies (1) | Respond to of 275
 
Ok good to know. Plan to pay cash for the project estimate it to run $300K-$350K. Have budgeted a NG Fuel Cell 25KW at $800/KW instead of solar panels and Powerwall batteries. I can sell extra electricity back to the utility (even at peak price during the day) but still running the numbers to see the total payback.

The project build is what is called an ADU ( Auxuallery Dwelling Unit) but will build ontop of garage and over kitchen for a total of 650 sqft. Will have to rebuild garage to meet current earthquake code so 2nd story addition meets permits. Project will come in at $300/sqft but still early so total costs could be higher.

Rents for ADU unit (includes electricity, water & Internet) $2,500-$3,000 per month. Other unit (main home-after remodel of $75K) $3,000-$3,500 per month.

The NG Fuel Cell is another revenue stream to the project and all works because of cheap NG delivered to the property.

I now learn that no new construction in San Jose, CA (like Berekley) will not allow NG pipes to the new construction (inludes ADU's). I should be able to install the NG Fuel Cell to the existing structure and then feed the 2nd electric panel to the ADU unit. It makes so much more sense than the Solar Panels (much smaller foor print 6'x6'x6') and you still get all those energy credits (almost $5K). The NG Fuel Cell investment maybe $20K-$25K and can be depreciated 10 years.

The Redox Cube

This may/could add 7% to the project cost but I think total return w/ credits will increase my project cap rate.

I have an investment in the IPO BE and this unit is 10x more efficient. Eventually will let my BE shares go and maybe I can use those proceeds to pay for this unit (have 2 years to decide).

I believe in the distributed power solution but Solar is not always the best answer IMO.

KMI delivers the NG to my utility so in many ways if I go ahead w/ the NG fuel cell, I own many of the component pieces in generating my electricity for my two unit build in Silicon Valley.

EKS