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First Casting Model of Crankcase Block
UPDATE ON FEED IN TARIFF (FIT)
There are 3 major benefits and strong selling points for the electrical unit.
1. Elimination of the monthly electrical bill. Owners of the unit will generate there own completely emission free electricity!
2. The unit will produce an incredible "excess" of electricity independent of the power grid and can be Installed inside or outside of homes.
3. The option to sell the "net generated electricity" to the utility company.
The first 2 benefits alone will not only relieve millions from the financial burden imposed by high electricity rates but more important for many, provide priceless safety and comfort for families during electrical power failures. These two benefits would place the electrical unit in high demand resulting in high volume sales nationally and ultimately worldwide. This is true
even if ( the 3rd benefit didn't exists) there was no purchase agreement with the utility company to purchase the "excess net-generated electricity" the electrical unit produces.
The 3rd benefit, selling the net generated electricity produced by the electrical unit to the utility company for many entrepreneurs nationwide, will be more important than the first 2 because it provides an investment option for earning an substantial annual income and could dramatically stimulate continuous growth of various industries.
We are grateful for the many individuals who have became Members, Agents/Trainers in the Group, especially those who have years of experience in the renewable energy industry and has shared their experiences with us.
However, we recognize, that there are many Group Members, Agents/Trainers who are embarking upon this new career full of excitement and motivation but don't have a clue about the industry. This short report containing links to articles on current net metering and feed in tariff news and most important the 2 free guides will provide some valuable insight to those who are new to the industry and those who are not.
What is net metering? (The Basics)
Net metering is a regulatory policy that allows people to sell electricity back to the grid from their own renewable energy facilities. The Energy Policy Act of 2005 pushed utilities to adopt net metering as a policy but enforcement and program design has fallen mostly to the patchwork of state utility regulators.
Net metering is a special metering and billing agreement between utilities and their customers, which facilitates the connection of small, renewable energy-generating systems to the power grid. These programs encourage the purchase and installation small-scale renewable energy systems (such as our new electrical unit) by home and small business
owners, ensure that customers always have a reliable source of energy from the grid during times when their renewable generators are not producing energy, and provide substantial benefits to the electric power-generating system, the economy, and the environment.
Net-Metering & Feed-in Tariffs Models & Interconnection Polices vary state by state. States can, and many have adopted there own net metering and feed in tariffs policies.
How does net metering work? In selling electricity back to the grid, one method involves simply rolling the existing power meter backwards as excess energy is pushed back onto the grid. Another method involves installing a separate meter to measure just outgoing energy.
When a net metering customer’s renewable generator is producing more power than is being consumed, the electric meter runs backward generating credits. When a net metering customer uses more power than is being produced, the meter runs forward normally. Net metering customers are charged only for the “net” power that they consume from the
electricity service provider that has accumulated over a designated period or, if their renewable energy-generating systems make more electricity than is consumed, they may be credited or paid for the excess electricity contributed to the grid over that same period.
These 2 guides are valuable resources. All Agents/Trainers should download these free guides and use them to educate themselves and use them as a desk top references. Freeing The Grid is a free 112 page Guide produced by the Network For New Energy Sources. . Connecting To The Grid is a free guide produced by the Interstate Renewable
Energy Council's (IREC)
Freeing The Grid
Highlights Each States net
metering Grade Card and
Best & Worst Pratices by
State...and more!!!
Connecting To The Grid
The sixth edition of the
Interstate Renewable
Energy Council's (IREC)
Connecting to the Grid
Guide provides a
comprehensive introduction
to a span of topics that
relate to grid-tied
renewable energy sources.
Articles on Net Metering Current Laws
Panel of state lawmakers debates net metering expansion
California Set To Raise Solar Net Metering Cap - Renewable Energy ...
Net-Metering Advocates Push for Support
CANADA FIT IS IDEAL MODEL OF WHAT SHOULD BE PASSED IN U.S.
What is a Feed-In-Tariff (FIT)
A feed-in tariff is an energy supply policy that is currently growing in popularity throughout the United States. A number of states have recently begun implementing FITs and a few utilities have launched utility-specific FIT policies to help meet their renewable portfolio standards (RPS).
Feed in tariffs offers a guarantee of payments to renewable energy developers for the electricity they produce. Payments can be comprised of moneytary compensation alone or of electricity bundled with renewable energy certificates.
FIT policies can be understood as an advanced form of production-based incentive, where a payment is awarded for the actual electricity produced ($/kWh). PBIs are distinguished from capacity-based incentives like rebates, where a payment is awarded on the basis of how much capacity is installed ($/watt). These payments are generally awarded as long-term
contracts set over a period of 15-20 years on average.
As an advanced form of PBI, FIT payments can be determined in three ways:
1) based on the actual levelized cost of RE generation. This is the most common choice for FIT policies around the world because it awards a payment level sufficient to ensure the profitability of RE investments;
2) based on the utility’s avoided costs, either in real time, according to a locational marginal pricing formula, or based on utility projections of long-run fossil fuel prices, as under the Public Utilities Regulatory Policies Act (PURPA); or
3) offered as a fixed-price incentive that is established arbitrarily and without regard to avoided costs or to levelized RE
project costs.
FIT Policies Currently Enacted in the United States
FIT policies are being experimented with in the United States, though at a smaller scale and less comprehensively than in a number of European countries. To date, several utilities in California, Florida, Oregon, Vermont, Washington, and Wisconsin have implemented different variations of FIT policies.
Fla. utility adopts tariff
When the utility company in Gainesville, Fla., decided last fall to adopt a feed-in tariff, it picked a rate that would generate a 5 percent rate of return annually for home and business owners who install solar.
The program, which started March 1, pays roof-mounted system owners 32 cents per kilowatt-hour generated, guaranteed for the next 20 years. By comparison, those feeding power into the grid previously earned 12.5 cents per kilowatt-hour through a net metering program. Used by several states, net metering gives home and businesses that generate power credits on their electric bills, which offset energy usage.
That feed-in tariff rate makes Gainesville's program the first in North America to generate a profit for those selling their power to the utility.
In California, a feed-in tariff program offers a rate that varies depending on the time of day power is generated. It ranges from a low of 8 cents per kilowatt-hour during off-peak times to a high of 31 cents during peak demand hours. But overall, it averages out to a level that makes it not enough to really spur demand.
Articles on Feed in Tariffs Current News
Wisconsin First in Midwest to Introduce Feed-in Tariff Bill in 2010
States Can Create Renewable Energy Feed-in Tariffs
Vermont feed-in tariffs become law
US lawmakers outline plan for feed-in tariff bill 2010
Feed-in tariffs could transform U.S. renewable energy market
Hawaii Feed-in Tariff Framework Set by PUC
Florida Utility Kicks Off Solar Feed-in Tariff, a First for the U.S.
Indiana Legislator Introduces Feed-in Tariff Bill
Policy Corner: Feed-in Tariffs Offer Farmers Clean Energy Revenue
Feed-in Tariff Systems Take Hold in North America
The information in this up date is presented in keeping with the assurance made to all Agents/Trainers in the Group, that they will receive on going quality support. We do understand the frustration created by the limited information being released on the electrical unit, however, due to the uniqueness of the technology and the potential seismic Influence it could have on the automobile and aviation industry, we believe it would be in the best interest of everyone involved that we wait until we have completed our final trial of the electrical unit and is geared up to begin production and distribution before a public announcement is made!
Important Note: At this time I feel that it is important that I stop to reiterate a point that has been made several times in previous updates! This website is presented primarily as a public awareness campaign designed to create awareness of the incredible features & benefits of this soon to be released new technology and it's associated business opportunity to all users of electricity and home business opportunity seekers. We Do Not Need And Are Not Attempting To Raise Investment Capitol Through The Acquisition of Agent/Trainer Fees. The Only Reason The Group is Accepting Applications For Independent Agent/Trainers Distributorships At This Time Is At The Request Of Its Members. Here's
what I suggest to those Group Members who are considering signing-up but are skeptical! Wait! Wait until after the completion of the final trial period and production and distribution begins.
Many Group Members are waiting. However, many others are signing-up now with the objective of being the first or one of the first distributors in there community or state. If You Wait until production begin, You Will Still Be Getting In Early And Will Be In Great Position! The fees will at this point dramatically increase but you will be given an advance notice before the increase is declared!
We are extremely excited about the potential of our electrical unit. We are absolutely sure it will be received as the ultimate renewable energy source when compared to other sources.
We are still waiting on congress to advance positive Net Metering and Feed In Tariff legislation. While we have however, seen some progress on energy policies, it seems that this progress has been dramatically slowed by attempts to pass the health care legislation. What we hope for is the defeat of the health care bill and attention shifted to the energy bill which will include many benefits, from production incentives, to customer incentives, energy rebates, tax rebates and many other polices designed to put people back to work, and ultimately eliminate our dependence on foreign oil!
We hope that feed in tariff legislation will be passed very soon which will make ownership of renewable energy distribution systems such as our new electrical unit very profitable "before" our unit is publicly announced. With the expected allocated "billions" going into the renewable energy industry, coinciding with the release of our new patented emission free electrical unit which is designed for homes and small businesses, timing would be perfect!
Over 27 individual states have already moved forward with their own versions of FIT, so just like with Net Metering, the feds are getting a late start. However, once the health bill is defeated, we expect that the current administration will recognize the need to quickly move forward with the energy bill and make positive advancements with Feed in Tariffs and Net Metering legislation which would make investing in renewable energy generating systems profitable. To do so would provide true stimulus to our economy. |
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