After a lot of hard work and dedication by Citizenre senior staff, Citizenre closed on $20 million in financing (http://www.marketwire.com/press-release/Ci…). This will allow for the installation of 15 megawatts of solar PV over the next 18 months. Most of the 2009-2010 installations have been in California, and new markets will be opening. Personally, I would love NC to be one of them, however, I don't have any information about when that will be. However, homeowners can still reserve systems, and lock in their rate now, regardless of when installs will begin. Additionally, the plan has been simplified to be 10 years with no security deposit.
On Tuesday, March 24. Citizenr CEO David C. Gregg attended an executives-only session in Washington, DC, with the Obama Administrations Secretary of Energy Dr. Steven Chu. Citizenr was invited along with some of the most established names in the solar energy industry: FirstSolar, Suntech, BP Solar, and seven others. The meeting was called to advise the Secretary on ways to jumpstart the solar industrys contribution to economic recovery. Several policies were debated, including a national Renewable Electricity Standard (RES), a carbon cap and trade system, and the feed-in tariffs considered responsible for explosive renewables growth in Germany and Spain.
Citizenre has a bold plan that is scalable and will have a major impact on how electricity will be produced, distributed and utilized across our country. It has taken longer than anticipated to secure our funding, but the imaginations of our investors and supporters have been stirred by the vision of our Secretary of Energy.
There is absolutely no cost or risk to reserve a system at www.ecosunpower.com. When you reserve a system, rates are locked, no matter when the system is installed. Soon after funding is secured, the introductory rates will no longer be available. However, if you have the finances to install a system, dont wait. The sooner solar electric systems are being used, the better for our environment and energy independence.
Indy Week • 302 E. Pettigrew St., Suite 300, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
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