The following are a few facts that will surprise you regarding the average energy usage in the United States. The facts are provided by the Department of Energy. Here are some percentages on energy consumption, 44% on heating and cooling, 30% for lighting cooking and appliances, 18% for water heating and 8% for refrigerators.
How many days a month do you have to work just to pay your electricity bill? What could you do with that time or money if you did not have to use it to pay for your electricity?
The watt rating is the amount of power (amps x volts) the panel will produce in full sunlight at 77 degrees F or 25 degrees C. This is the industry standard for all photovoltaic panel ratings. However, it is the “best case” scenario.
The power is the one we are eagerly waiting for. The reliability of fossil fuel for long is not dependable. The disappearance or the slow depletion of fossil fuel is a reality.
Wind power, on the other hand, can be used by many more regions. There is virtually no where on Earth that doesn’t get wind at some time. The downside to this form of energy is that you need a wind turbine to generate electricity which can take up quite a bit of space.
When we say energy saving hour it doesn’t only mean that we are only saving energy. We are also saving water. The most common source of energy comes from hydropower. Since water is a common source of our energy it means if we don’t have enough supply of water we have less supply of electricity too. With this fact, it’s telling us that we need to conserve water as possible. Examples would be fixing our water line that have leaks or damaged or minimizing our shower time. If it takes about 10 minutes to take a shower then you can minimize it to 5 minutes if it’s okay with you. Through this you are conserving a lot of water.
It is often presumed that self-sufficiency in energy is only for nerds, but this is not true, it is now within the reach of every family or household. If you have lots of money, a solar or wind powered system will cost you about $45,000 and it will take about ten years to recover your investment by getting off the grid. However, you can have the same apparatus for much less than half that amount.
Evergreen has a good product, but are in growing pains right now. It is trying to ramp up production, build factories, and make a profit all at the same time. It is definitely not easy. However, they have a big backlog of orders and a secured supply of silicon. The only things they need to do are to control costs and turn a profit. One catch is that they have $317 million of debt and only $86 million of cash, while still burning cash every quarter. It is definitely not a stock I would recommend to everyone, but if you understand the risks involved, there is little downside to this stock at a share price of $1.70.