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Tim Allen

Member Since 04 Dec 2014
Offline Last Active Jul 23 2017 05:06 AM
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Posts I've Made

In Topic: Electric Kiln In Garage?

09 June 2017 - 07:04 AM

That's where our electric kiln is located, in a detached garage. No vent system in the current installation, we just open the door. We only use it for bisque


In Topic: Firing After 15 Years Of Inactivity

07 June 2017 - 06:32 AM

If you were to continue monitoring the temperature every 30 minutes during the cooling phase, and then graph your data, it would probably look something like this:

 

CoolingCurve2.png

 

Marcia's right on about the lack of thermal mass having a significant role in your case.

 

Also, just in general, smaller kilns will cool more quickly than larger kilns, because the smaller kiln will have a larger surface area to volume (mass) ratio -- cooling is primarily due to radiative and conductive/convective heat losses to the air at the outside surface of the kiln.

 

Leaving the peep holes open will facilitate convection of air through the kiln interior (somewhat), but that will have only a marginal impact on the overall cooling rate, because peep holes tend to be small. Still, if you want slow cooling, leave the peep holes closed.  (Leaving the damper and burner ports open on a fuel-fired kiln will have a larger impact on the cooling rate, because those openings are typically much larger.)


In Topic: Kiln Disclosure

03 June 2017 - 05:28 AM

We have a business insurance policy for general liability and other business losses (e.g. lost product if in an accident on the way to a show, etc....), but that also covers our detached garage where the studio and electric kiln are located.

 

One thing our independent agent did was to set us up with our business policy, homeowner's policy, auto policy, and umbrella policy all from the same company, so that there would never be a question as to which company was responsible should there ever be a claim. (fwiw, the company is Maine Mutual Group, which does offer coverage in NH and some other states as well as ME).


In Topic: Does This Make Sense? (Purchasing Equipment On Credit)

18 May 2017 - 07:31 AM

Ron, 8% apr on $5K over 24 months would result in a total payment of $5427.27 (or only $427.27 in interest, vs. the $2400 mentioned above).


In Topic: Does This Make Sense? (Purchasing Equipment On Credit)

18 May 2017 - 07:25 AM

Are you in business? A corporation or sole proprietor? Does your business take Section 179 deductions on your taxes when you purchase equipment, or do you take a depreciation expense deduction instead?

 

The financing that Peter Pugger is offering is a leasing arrangement that allows you to take annual expense deductions on your business tax return, rather than having to depreciate the purchase over time according the depreciation rules. For some businesses this can result in lower taxes that can make the lease option more favorable.

 

This would be something to evaluate with the help of your accountant.

 

If none of the above makes any sense to you, then you are probably going to be better off buying the pugger with your credit card, and being disciplined in making the maximum payment that you can to pay off the purchase as quickly as possible (ETA: or talking to your bank as Ron suggests).

 

Just to note that the 24 month plan resulting in a total payment of $7400 on a $5000 purchase, works out to over 40% interest rate!

 

In terms of the building of credit rating thing -- if you have a business, and are trying to build it's credit rating, then the lease option might be valuable; but then I would ask is the credit card in your name personally or is it a business credit card?