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I think you are on the right track. I have a friend that makes a boatload selling companies "green electricity" and carbon credits. He is basically a brokerage although they are starting their own biomass fueled plant.
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Heres an article I wrote on Akeena Solar when it was in the $4/share range saying to buy, a little over 2 months later it hit $15, which I then said to sell. Trippling up is not a common thing in the market. http://finance.google.com/group/goog...akns+buy&pli=1 BigG if/when rather Barrack gets elected you already nailed it.. altern energy is the future. If you don't work directly with it, invest in it. Just wait for rock bottom with the market. Next time the DOW hits 8,000 its time to move it |
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Somebody did that here in Chicago about 5 years back, seemed a bit too complicated and expensive to me. I think it was in Lincoln park. (affluent area on the North side). Anyway, the savings from what I heard were about 30% reduction in utilities. The problem is that it was fairly new, the panels themselves were pricy, and since they were new, approvals from the City for permits took a little longer.
I think that they actually had to submit the project to Developer services. Which is an independant Architectural/Engineering firm that the City sub-contracts to in order to expedite the building permit process. (which in itself is very time consuming and complicated) Not mention expensive! Developer services charges about $30,000 and up for some projects, that is just to review, keep in mind that the cost of the permit itself is seperate. But people with money and in a hurry won't mind paying extra. Then again that was a long time ago, I haven't really heard too much more about it. But since I only work on my own projects, I have limited exposure to the permitting process. My younger brother however, owns a building permit expediting company, I'm sure he's seen a lot more of this, and I am sure that approvals are a lot faster and they probably have a better system in place where inhouse Building department examiners can review these projects. I will ask him today when I see him. Keep in mind I'm talking about Chicago, every city is different, but as far as obtaining permits goes, Chicago and New york City are the toughest. I think that you are on the right track and eventually it will be very big. Not only that your city may not be as tough in issuing permits as Chicago and New York. this type of power will probably become common, or even mandatory. So now is actually the best time to get into it. It sounds like a plan. Last edited by Designbuilt; 10-31-2008 at 10:38 AM. |
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an interesting fact about solar panels is that around 95% of all panels ever installed are still operational...its a very long term energy source with little fuss...the future IMO is heat pumps...way more efficient than solar and demands less space and investment for the same power...alex
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