EPA provided cost estimates on the proposed grain elevator rule for both existing and new facilities that come into operation in the next five years. The proposal said 88 grain elevators that included 221 “affected facilities” are projected to be subject to the standards in the next five years, “because they will construct, reconstruct or modify an affected facility.” EPA put up-front capital costs for all 221 facilities at about $1.1 million. Annual compliance costs were put at $1.2 million, plus yearly recordkeeping and reporting costs estimated at $83,000 for those facilities.
The only issue is what facilities need to be up graded. Some that are only filled once and emptied once a year are trying to be excempted from the dust collecting equipment (might be extended to o nthe farm bins) that can costs thousands. Others that are in constant use are already making the upgrades.
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