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How Big Companies Get Their Solar for Free


It turns out that a lot of solar projects that big companies are putting together cost them absolutely no money! Actually, they often save them money from day 1. The question is, how are they doing it...and why can't you and I do it as well?

Solar power makes economic sense right now. If you install solar panels on your house in California, you will save money over the 25-year life of the panel (barring Steorn and cold fusion). But it's hard to ask someone to pay 10 years of power bills all at once. In fact, it's prohibitively expensive. Not even big companies (aside from the extremely high profit ones) have that much money to throw around.

But investment companies do have that money, and if they can guarantee a 100% return over 25 years, then that's a darned good deal for them, especially in light of the current credit crisis in America.

Well that's where MMA Renewable Ventures steps in. These guys link investors with companies who want solar panels. The investors pay for the panels and installation, and then charge the companies a locked rate for the power coming out of the cells. The companies save money on their power for the next 25 years, look green, and don't have to lay out huge sums of money. The investors get a healthy return over the 25-year life of the cells and don't have to worry much about risk.

It's a great deal, and already MMS has brokered deals for Gap, Estee Lauder and several other large companies.

The question is, can the model be scaled down, so that you and I can get our solar panels for free too? Well, so far, it doesn't make economic sense. But several companies are hungrily eyeing that space. And with a little bit cheaper cells, and a couple more government subsidies, we could all be enjoying free solar!

Via Business Week thanks to Paul for the link.

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Comments (22)Add Comment
0
...
written by Elgen, December 13, 2007
That'd been fantastic for those of you who live in places with lots of sun, but as you say, until something happens it's out of reach for most of us just yet.

One thing some of us do here in Norway (we don't have much sun in the winter though) is buying a single solar panel for our cabin. We then have that panel connected to a battery inside of the cabin, and when we're there, say once a week (less, actually) we've got power enough for a bit of telly in the evenings, even without any sun. I find it all rather cool.
0
...
written by Phli, December 13, 2007
We seem to always be expecting much cheaper solar cells in "just a few years". I'm still waiting.

But it could be that the cells from new places like NanoSolar will actually be much cheaper than current cells - in the case of NanoSolar, I think they use more of a printing process that allows them to produce more cells faster and cheaper. Let's hope we can buy these down at HomeDepot in a year or two at reasonable prices and use them for roof covering material. If they can get the price down somewhere between 5K and 10K to outfit a house (and provide a good chunk of the home's power on sunny days) then we won't need these kinds of programs.
0
...
written by Ian, December 14, 2007
The small scale is already being launched.


http://renu.citizenre.com/

They pay upfront costs if you pay them your electrical usage bills for the contract period 1 to 25 years.

They get their money back in the monthly service fees, that don't cost you any more than you already pay for electrical power, and you get to show off your greeniness with the solar panels on your roof... nearly identical system to the larger cooperate one.

Will see if it works for them as a company and such.

0
CitizenRe
written by Hank, December 14, 2007
Caution all who are looking at CitizenRe...for a while it looked good, and then it looked like multi-level marketing (a pyrimid scheme) and now I don't know what to think...honestly. But as of now...we're not promoting citizenre on EcoGeek
0
solar panel company
written by norris hall, December 14, 2007
If you are interested, here is a solar panel company in California
http://utilityconservationservices.com/
0
already running in Italy
written by mario, December 14, 2007
There is a small scale model of free solar panels for private citizens in Salerno (close to Naples, in Italy).

It works like that:
a partnership between the local administration and the local agency for energy buys the panels and assigns them totally for free to the 1000 top ranking suscribers to the call.
Then this partenrship takes the income just for the exceeding energy coming from the solar roof (the energy that you do not use).
Thanks to a special agreement with italian government this exceeding energy is payed at a very profitable price, so in a something like ten years the partnership gets back the money and begins to gain. Meanwhile the private can benefit saving money by means of solar energy for free, so it seems a real win-win strategy.

Unfortunately not much on the web about this, just this link in italian:

http://www.escoenergy.net/fotovoltaico.htm
0
Hmm...
written by Aunty Proton, December 14, 2007
My first thought on reading this was something like the microloan programs in Bangladesh and elsewhere. Start a program where people can invest however much they wish, and issue small loans to people for solar, or wind generators if more appropriate. Maybe require the building(s) powered to be made more efficient by a certain percentage, and whatever excess power generated would pay back the loan. If the excess power doesn't pay all the loan payment, the customer pays the rest.

0
Short of steorn or any other more effici
written by michael, December 14, 2007
I think i will wait until steorn releases their findings from the validation process.
0
You may want to keep an eye on Magnetic
written by Mark Goldes, December 15, 2007
GENIE (Generating Electricity by Nondestructive Interference of Energy) is under development and is likely to begin to power homes in a year or so.

Cars will follow in two or three years. They will never require fuel or a battery recharge. Even better, where utilities cooperate, car owners might sell enough power to the grid, connected without wires when parked, to pay for the vehicle over a reasonable length of time.

See the website for much more information.
0
...
written by EV, December 16, 2007
Cars will follow in two or three years. They will never require fuel or a battery recharge. Even better, where utilities cooperate, car owners might sell enough power to the grid, connected without wires when parked, to pay for the vehicle over a reasonable length of time.

;D And to anyone that believes this, I either recommend a little education in physics or I have a bridge in Brooklyn to sell them.
0
Perpetual Commotion
written by Mark Goldes, January 08, 2008
A handful of videos that (briefly) appeared on the internet have stimulated a flurry of interest in magnetic motors that may be made to self-run, without any obvious outside source of input energy. At least one of them apparently worked well enough, for the 22 year old inventor to now be cooperating with a potential manufacturer, in order to market his device.

While skeptics abound (and without independent laboratory confirmation, have excellent reason to be skeptical) these experiments may have opened a door to wider appreciation of an extremely important potential for rapidly reducing our dependency on fossil fuels.

Magnetic machines that self-run are not, as is widely believed, perpetual motion machines. They are certainly converting some form of energy.

The most likely candidate is Zero Point Energy, ZPE. But, in spite of that fact, most scientists familiar with the Zero Point Field, believe that conversion of ZPE is unlikely to prove practical. As magnetic conversion technologies move toward the marketplace, a discussion as to the source of the energy is inevitable. It may go on for a very long time.

A recent book that challenges conventional belief: Zero Point Energy - The Fuel of the Future, by Thomas Valone, provides extensive scientific input and can readily be understood by the lay reader.

The first U.S. Patent issued claiming ZPE might be converted and used as a source of energy was inspired by the late Robert Forward, then a physicist at Hughes Aircraft. He had discussed, in a pioneering paper appearing in Physical Review B in 1984, how ZPE might become a source of electricity.

Dr. Frank Mead of the United States Air Force Office of Advanced Concepts and Jack Nachamkin, an Electrical Engineer working with him (who had the idea) were awarded U.S. Patent #5,590,031, in December of 1996. This invention, suggested by Dr. Forward, has not to date proven realistic to construct and test.

Several U.S. Patents have been issued to Dr. Fabrizio Pinto, a physicist, formerly with NASA’s Jet Propulsion Laboratory (administered by the California Institute of Technology). Dr. Pinto is now CEO of his own firm and is developing breakthrough technology based on ZPE conversion of the Casimir Force. There are medical, computer and energy applications referenced in his Patents. All might lead to practical technology.

Claims concerning mechanical magnetic systems that tap some new form of energy have surfaced periodically since the work of Wesley Gary, a Pennsylvania inventor, received the first of two U.S. Patents in 1874. Harvard and MIT Professors visited and were evidently impressed. Harper’s Weekly described his work in an article published in 1879. It can readily be found on the web.

The four wheeled automobile was invented in 1885. It will prove ironic if, as now seems likely, it should prove to be the case that human ignorance and scientific arrogance has been responsible for burning fuel to power vehicles.

Imagine how many lives might have been saved, how much cleaner the air would be and the reduction in the threat of climate change, had sufficient support to create magnetic, fuel-free, alternatives been provided, over a century ago.

Exploring that subject in depth might suffice to start a perpetual commotion.
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...
written by Double glazing company, March 19, 2008
Solar power makes economic sense right now. If you install solar panels on your house in California, you will save money over the 25 year life of the panel (barring Steorn and cold fusion.) But it's hard to ask someone to pay ten years of power bills all at once. In fact, it's prohibitively expensive. Not even big companies (aside from the extremely high profit ones) have that much money to throw around.
0
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0
...
written by omar7777, September 01, 2009
ثيمات
نغمات
رسائل
جوال
برامج
صور
كورة
افلام
العاب
مقاطع بلوتوث
شات
دردشة
منتدى شهد
شهد
منتديات شهد
ترجمة
نيونار
شات
دردشة كتابية
منتدى
منتديات
منتدى
منتدى بنات
دردشة كتابية
شات شهد
دردشة شهد
دردشة ضحك
شات سكر



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