Venture Capital companies and Investor Owned Utilities (IOU) invest in electric-vehicle charging infrastructure. Some stations include covered solar panel charging stations. Cities across America are implementing electric vehicle (EV) charging station in downtown areas and suburbs fostering support for electric cars.
This green energy momentum is very visible. Will this market ever complete with gas stations? Lawmakers in Washington passed a bill to allow electric power utilities and IOU’s to invest in the electric-vehicle charging sector. These investments receive the usual rate of return approved by the PUC.
Regulators in many states not prohibited investor-owned utilities from selling electricity at retail charging stations. Can anyone envision pulling into a Shell or BP Station to find electric vehicle charging stations situated near the air compressors? When will the changes in the automobile industry be reflected in the gas station industry? Electric cars travel 75 to 179 miles on a charge. This problem currently prohibits cross-country travel in electric vehicles.
There are over 23,000 charging stations in the U.S. This infrastructure cost investment exceeds $130 million. These infrastructure costs decrease as technology improves and public support increases. Large areas across Texas, New Mexico, Arizona, and California are great states for this new investment.
Utilities operate large transmission and electrical grids and invest in major infrastructure projects. They are ideal investors and backers for building out charging station networks. Investors could include the automobile companies with large electric vehicle divisions.
This type of investment is permissible in the deregulated subsidiaries of Electric Investor Owned Utilities like ConEd Solutions, NRG, and DTE Energy Investments. The returns can be higher and often better or more efficient technology can be found in this area of venture capital. The return on investment in small and medium sized towns could be 8% to 12%. Many cities will want to own and control these investments. Data generated from these stations will help city managers place more as demand increases.
The green energy markets are expanding in commercial and industrial business. Imagine major corporations installing many EV recharging stations as part of their annual employee goodwill expenditures. This will happen soon.
Will pension fund money enter into this sector? Hedge funds and other energy investment investors will enter this arena as the electric vehicles market matures. Ford, Toyota, and Tesla are selling many electric vehicles. This makes sense in a country filled with environmentalists and a nation determined to do the right thing in moving our auto industry forward.
Source by Dr. Rebecca Stone
Solar energy has come a long way. The appeal has never been greater than it is now. Consumers need to save money and they want to save money now! Today the demand is greater than ever. The popularity of solar energy continues to grow as consumers search for ways to save money and go green with new technologies and reasonably priced solutions.
What is solar energy? Solar energy comes from the sun. There are two types of solar energy, Thermal Energy and Electric Energy. Thermal Energy is all around us. It heats the earth and makes plants grow. Electric Energy gets its power from the sun to harvest electricity through solar cells. Both are boundless clean renewable sources of energy and excellent for the natural environment.
Harnessing the earths energy has been out of reach for the ordinary home owner. Having a solar system constructed and installed can bring a pretty beefy price tag, usually between $20,000 and $60,000. The typical cost is about $24,000 for a home. The drawback with this, besides being expensive, is that you are paying for all your savings up front. The return on your investment will take years to recoup, sometimes as long as twenty five years.
The best cost effective method is the DIY project. For under $200 in equipment you can build your own solar unit that will begin to cut your electric bill immediately. A number of people favor this method to save the maximum amount of money and some because they like the challenge. You don’t have to be an engineer or mechanical wizard. It’s a lot simpler than you think. For a pair of free of charge reports pay a visit to Planet Solar Energy. The report on How to cut your Home Electric Bill will open your eyes to everyday things you might have overlooked and are easily implemented. This is a good introduction and will help you understand the power of solar energy.
So how much can you save off your monthly electric bill? Reasonably priced solutions are now obtainable for the DIY crowd to dramatically reduce the cost of their electric bills. Saving up to 80% on electric bills or even going off grid for greater savings is very achievable. You have options and the choices are yours. Saving hundreds and even thousands of dollars is a welcomed thought to any person in today’s struggling economy. The attraction in solar energy and growing concerns for our planet has steadily been increasing. Using boundless renewable energy from the sun gives us the greatest of both worlds.
Source by Tony Corniel
There are plenty of alternative power generators with wind and solar power options if you are looking to use more renewable energy and lower your electricity and utility bills. Most states in the US offer tax rebates and incentives to go with green energy so you can get even more savings than just a decreased electricity bill. Each state has different programs so check before as your system may need to be installed or inspected by a professional.
If you want to use wind power for your home than a small wind turbine is the best option. Wind turbines are generally used in rural areas but they can even be used on sailboats.
You do not need huge gusts of wind to create electricity you just need a light breeze. Before you go about purchasing a turbine make sure you have a good site for it as the turbine needs to be taller than anything surrounding it. Most times you will need to have at least a 1/2 acre of land for your turbine.
Your average wind speed should be at least 9 mphs and you can check the wind in your area through the meteorological office as most will track the wind and you can get maps of wind. You want your wind turbine to be in a spot that is class one or better.
Solar power systems are found commonly at homes as they can easily be integrated into your home. The main part of the solar system is the photovoltaic cell which takes sunlight and converts its energy into electricity. Because most arrays will produce more energy than you can use will put all the extra energy into batteries or pump it back into the electrical grid, which will appear as credits on your electricity bill.
The power in the batteries can then be used to power your home at night or during low sunlight times.
Source by Gary Ashby
Conventionally, electricity is created by converting heat energy to mechanical energy to electrical energy. This is done by rotating massive turbines that will turn electromechanical generators that will generate electricity. The process of moving these gigantic turbines is often by boiling large quantities of water and using the steam to turn the turbines. To heat the water, fuels are needed. The most commonly used fuels for this purpose are:
- Fossil fuels and coal. These non-renewable resources are mined from deep layers of the earth and are one, if not the most important commodities of the today’s energy-hungry world.
- Nuclear fission. This chemical process of splitting atoms into smaller parts produce heat that can be used to boil the water and generate steam.
- Bio-mass or bio-waste. These are biological waste from organic organism such as plants and animals that are used instead of fossil fuels to produce heat.
Sometimes, other forces or energy are used to move the turbines without heating up the water for steam.
- Hydro-power is the process of using the kinetic energy of running water such as rivers, falls, tides, etc. to create mechanical energy that will rotate the turbines.
- Wind also is another option to get the turbines moving and convert mechanical energy to electrical energy, without the need for burning fuels and the heat.
If there are many options to generate electricity, why do we need to conserve it?
It’s because despite of these different alternatives, most energy companies still rely largely on burning fuels, particularly fossil fuels and coal, to create mechanical energy that will in turn be used to generate electricity. And because these types of fuels are non-renewable, we are running the risks of energy shortage once we’ve used up the world’s fossil and coal deposits.
Today, we are still heavily dependent on these energy companies to provide us with electricity to run our household and our lives. In effect, we are also promoting the use of these non-renewable sources because that’s how it’s always been. But we cannot avoid the impending truth and the energy crisis that we are facing.
Various groups and individuals are now advocating alternative energy sources to obtain power and conserve whatever we have left. And as if to encourage us more, these green and alternative energy solutions have one wonderful consequence: free electricity for us to enjoy!
Source by Paul Person
There are many different viable alternative energy solutions which are efficient and effective ways of lowering your monthly electricity bills. If the concept of free energy is new to you, you might think of it as something that is too good to be true. The power we are used to paying for right now is definitely not free. Amazingly enough, Serbian American inventor Nikola Tesla had invented a free energy generator almost a century ago.
Tesla created many inventions in his very own laboratory. One such invention was the magnifying transmitter. This free energy generator device converted radiant energy in the atmosphere to electrical energy without relying on an external source. This would’ve been a shocking innovation to reveal to the general public who was just getting used to using electricity in the late 1800s but Tesla ended up not getting the proper financial support he needed. Famed investor J.P. Morgan initially backed Tesla for financial support but eventually realized that this new transmitter would demolish electric company profits. As Morgan was heavily invested in these electric companies, he realized that endorsing this new device would only mean millions lost in investment. Morgan immediately cut off funding for Tesla’s inventions and encouraged other fellow investors to do the same. Tesla’s laboratory was also burned down, perhaps by arson. The majority of his research had been lost. Fortunately, Tesla had already made his name as an electrical engineer. He created the alternating current (AC) power system that is still widely used in modern society.
Electric companies are in complete control of the electricity that runs to our homes. There are no real options to live off the grid and most people would not really consider it. Tesla’s magnifying transmitter can easily be designed with the proper parts, all of which can be found online. Tesla’s mysterious transmitter invention paved the way for scientists hobbyists and engineers alike. While the option for a free energy generator is not the most obvious energy choice for the home, the blueprint is available and can be easily assembled. There are many different energy solutions that are available to a homeowner with the proper research. By generating your own electric power, you can save a ton of money on your electrical bill! It is amazing that Tesla’s invention from over a century ago could be a viable alternate energy solution to the AC system provided by the electric companies today.
Source by Mark J Lillis