Thursday, November 10, 2022

Gas Powered Machines: Costs

 So let us look at the costs of this NJ legislation. Here we go:

1. There are 1.8 million single family homes, SFHH, in NJ

2. 90% have lawnmowers that cost about $400 each

3. 70% have snowblowers that cost about $500 each

4. 50% have power washers at $400 each

5. 40% have chain saws at $300 each

6. Others we will just avoid now

The weighted average per SFHH are:

1. $360

2. $350

3. $200

4. $120

or a total of $1030 per SFHH

 Or the current investment by SFHH is about $2 billion! The law says we must throw them out. Now we must all buy new ones in the next three years. Needless to say there will be at least a 20% premium, that we must spend another $2.5 billion, assuming they even exist!

One truly wonders where these politicians come from that they can single handedly place a $5 billion tax on SFHH.

And yes, we have not even considered the tens of thousands of small business folks who must do the same. Likely another $4 billion!

For what? One must recharge these and in the field it demands a gas generator! Dumb is a compliment.