Wednesday, October 14, 2015

Solar Power - From South Africa to South Carolina


This eponymous title borrowed from one of my most appreciated Gil Scott-Heron albums (yes, I said  album and not cd as a result of my being mature enough to appreciate vinyl) seemed all too apropos for the two articles I'm posting below.

Solar Panel Efficiency Takes A Great Leap

Hidden deep in the South African Kalahari desert lays home to the world's most efficient solar electricity generation system.

A Swedish company which is helming the development of the project, which is integrating military technology along with an idea brought to light by 19th century Scottish engineer and clergyman is currently being tested, and many have very high hopes.

“Our whole team in South Africa has been hired locally, and our new systems have all been built with local South African labour. It works great,” says CEO Gunnar Larsson.“What we hope is to become one of the biggest competitors for renewable energy in the world.”

Their unique system in place ensures they get every last drop of sunlight put into the power grid, unlike current devices in place that waste roughly 15-20% just by hitting the grid alone.

One of the major challenges over the last few years has actually been to get the technology accepted by not just consumers, but also by the financing community (mainly referring to banks). This is sucha new concept that many have a hard time wrapping their heads around it but with cost savings such as these, people are going to have to do it.

Thankfully their projects have been privately funded, and should be green lit to go commercial soon.

New Solar Panel Cuts Energy Bills In Half. South Carolina Power Companies Are Furious Over New Policy.

This is the 1 simple truth your power company doesn't want you to know. If you currently own a home and live in a qualified zip code, you could be eligible to get an extremely huge discount on your energy bill.

Additionally, the government has implemented new energy policies that gives $1,000's back to every consumer who uses solar panels. But do you think your power company will tell you that? I bet not. When homeowners visit the Provide Solar Savings™ official site and enter their address, the results can be pretty shocking. We weren’t surprised when we got questions from homeowners askingif these rates are real. The truth is people say it‘s possible to save up to 70% on their car energy bill and some say they were eligible for rates as low as $19/ month due to recent policy changes. When we heard about these claims, we decided to investigate it for ourselves.

Our in house financial team set out to test these types of savings and after a few days of research what they found was very exciting. Our team discovered that not only were these claims true, but that one of our team members ended up saving over $1500 a year when compared to what they were previously paying. They also found that many other people are indeed able to save similar amounts.

Does this mean you're being scammed by your power company? Our research indicates that many people are being misled into thinking these savings aren't possible with your home. When one of our team members confronted their power company about this, they were told "because every house is different, we weren't sure if your house would work with this type of program." Yeah, right.

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