A new company with almost 1 Billion in funding will be announcing the availability of no-cost solar electric systems for homeowners in 41 states that have passed reverse metering laws for utilities.
They have a unique marketing plan that will actually let homeowners rent these systems like cell phones and satellite dish systems. The company will engineer, install and maintain a $20,000 to $30,000 system at no cost to the homeowner as long as the homeowner agrees to buy power generated from the solar system while it is operational. When the system is not generating power the customer gets power from the local utility.
The home owner gets several advantages:
They can guarantee their electric rate from 1 to 25 years. The rate will be based on the rate the local power company charges when they sign for the installed system. If they sign a 25 year contract their rate from the solar electric company will not increase for 25 years. if they sign for 5 years the rate will not change for 5 years.
The second advantage is they can also zero cost their solar electric bill by referring other customers to the company. For each customer referred and installed they will receive a 5% discount. Get 20 neighbors to sign up and the electric bill from the solar power company will be zero.
The third advantage is that the system lease may be transfered to the new homeowner. This could be a great resale advantage because of the electric rate cap.
Lastly this helps all of us because it eliminates tons of emissions from going into the air, eliminates the need for expensive new power plants and provides us with a terror risk back up plan.
Let's say a terrorist group destroyed or damaged a local areas power plant. This would devastate the area for years due to the lack of power.
If enough homes had solar electric systems installed en-ouch power could reach the local grid to keep essential services running until the plant was repaired or replaced.
This would also work in a natural disaster where the solar systems surviving the storm could produce power for pumps, drinking water, heat, and food storage during the day.
I understand that the plant will be coming on line in early Sept of this year and that the company intends to produce 100,000 systems per year per plant. Reservations are being taken now to be put on the early customer list. First come first served. There is no cost to place a home on the reservation list.
The company plans a press release soon due to the plant groundbreaking schedule.
According to the rep I talked to, companies that are already installing solar systems will be trained and certified by the company to do the installations , maintenance and commercial sites. I also understand that the raw materials needed for production have already been contracted for so that there will not be a shortage of raw materials for manufacturing.
The company is currently signing up US reps to handle customer reservations and inquiries. Anyone interested in knowing more information can contact me at
tosbeck52@hotmail.com or call me at 334-803-0233. I put the companies web site in my signature so you can watch the movie. It also has a calculator on the site to show you how much pollution will be saved if you installed the system on your home.
I hope this doesn't get rejected as an ad because there is nothing to buy at this point. The only thing you can do is register to be contacted when the company is ready. The registration is free and there is no obligation.
I understand that some areas that offer reverse metering will not qualify because the cost of power in those areas is already to low to be profitable to the company. The other problem is that the company has not been able to identify every small electric utility to be in the database.
I am really disappointed that my state, Alabama, cannot participate at this time because it is one of the 11 states that have not adopted the reverse metering laws so that green power systems can be cost effective through reverse metering.
I hope everyone in non-reverse metering states will contact their representatives and get this law passed so that all of us can qualify for green power systems.
I believe that if this model is successful it will be applied to other green power technologies making us energy independent.
The only thing holding back green technologies so far is the cost. Now it looks like that is going to be solved.
Of course there are other issues like zoning, home owner associations, power company cooperation and the adoption of solar panel array esthetic's on residential homes.
Looks like solar is actually here and now it's our turn to adopt this technology so that there is demand for alternative green power systems so that we can all live a cleaner healthier life.
I look forward to comments of this financial model and the feasibility of the adoption of these systems in the US market.
