Lower mercury emissions and steady electricity prices. Too could to be true? You decide. A company called CitizenRe is making an offer to rent solar panels, instead of just selling them. All you have to give is a $500 refundable deposit, and you'll pay the same rates you're paying now, except they will stay steady for 25 years. Are they for real? Go to their website to find out more. They haven't started installing yet, but you can put your name on the list for when they do.
Either way, would love to see this kind of innovative thinking from JEA.
Friday, March 30, 2007
Solar power to the people
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CitizenRe currently has no systems installed. They publicly state that they will not install any until probably well into 2008. However, they also do not have a manufacturing plant (no date for ground breaking either), they have actually not raised the $650 million of capital they refer to, and their projected numbers of systems to be installed versus projected manufacturing capacity do not add up.
In short, there are a lot of promises, some conflicting, and no proof. CitizenRe has publicly been asked a series of not-too-difficult questions about their business. The replies to-date do not confirm a valid business. As the old saying goes, if it looks to good to be true, it probably isn't true.
CitizenRe does an enormous disservice to the solar industry by promising what they apparently cannot deliver. The solar industry, just growing in many states, needs customers. By diverting these potential customers to a product that probably cannot be delivered, CitizenRe is setting the entire industry back, as well as our goals for a clean and sustainable future.
More detailed information is available on http://www.renewableenergyaccess.com/rea/news/reinsider/story?id=47419
For those who want a solar power system, please visit your local solar power dealer.
Jeff Wolfe, CEO, groSolar
www.groSolar.com
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