Edison
Owner's Statement
There is no new form of energy on the horizon that suggests electricity is going to become obsolete. Electricity will continue to be needed and electric bills will not go away. These facts are about as certain as death and taxes. Economic history has also demonstrated that electricity prices will continue to rise. An example of this was the 15% rate increase and elimination of existing discount commitments by First Energy in 2009.
This being the case, there are three good reasons to invest in renewable energy, instead of continuing to buy electricity generated from fossil fuels. They are financial savings, increased physical and economic security, and reduction of climate change.
The empirical evidence is overwhelming that our world is getting warmer. This is clearly evident from abundant imagery showing the reduction of glaciers and ice caps. A few examples:
· The Wilkins Ice Shelf in the western Antarctic Peninsula that once covered six thousand square miles
has, in the last decade and a half, lost a third of its area. Nine other ice shelves in that Peninsula have
receded or collapsed in the past 50 years, resulting in a loss of about 25 thousand square km of ice.
· For the first time in recorded history, the Northwest Passage is now open for shipping.
· Our own Glacier National Park is down from 150 glaciers in 1910 to 25 in 2010, with the expectation
that they will all be gone by 2030.
This being the case, there are three good reasons to invest in renewable energy, instead of continuing to buy electricity generated from fossil fuels. They are financial savings, increased physical and economic security, and reduction of climate change.
The empirical evidence is overwhelming that our world is getting warmer. This is clearly evident from abundant imagery showing the reduction of glaciers and ice caps. A few examples:
· The Wilkins Ice Shelf in the western Antarctic Peninsula that once covered six thousand square miles
has, in the last decade and a half, lost a third of its area. Nine other ice shelves in that Peninsula have
receded or collapsed in the past 50 years, resulting in a loss of about 25 thousand square km of ice.
· For the first time in recorded history, the Northwest Passage is now open for shipping.
· Our own Glacier National Park is down from 150 glaciers in 1910 to 25 in 2010, with the expectation
that they will all be gone by 2030.
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There are two potential categories of causes for climate change. They are the sun and other natural phenomena and the activities of man such as deforestation and greenhouse gas emissions.
While most people do not deny that climate change is happening, some doubt that the activities of man are playing a significant part in the change. If one takes the position that man’s role in climate change is uncertain, then there are two choices, to do nothing or to do something.
If the choice is to do nothing and some years in the future it is determined beyond anyone’s doubt that man’s actions were a substantial factor in climate change then it will be too late to avoid the worst effects because greenhouse gases take a long time to dissipate out of the atmosphere. If, on the other hand, the choice is to take action to reduce climate change and it is later determined that man’s actions had no significant affect, the result is merely a cleaner planet for future generations and a step in the inevitable transition from fossil fuels to renewable energy. One thing is for certain…sooner or later fossil fuels will run out.
While most people do not deny that climate change is happening, some doubt that the activities of man are playing a significant part in the change. If one takes the position that man’s role in climate change is uncertain, then there are two choices, to do nothing or to do something.
If the choice is to do nothing and some years in the future it is determined beyond anyone’s doubt that man’s actions were a substantial factor in climate change then it will be too late to avoid the worst effects because greenhouse gases take a long time to dissipate out of the atmosphere. If, on the other hand, the choice is to take action to reduce climate change and it is later determined that man’s actions had no significant affect, the result is merely a cleaner planet for future generations and a step in the inevitable transition from fossil fuels to renewable energy. One thing is for certain…sooner or later fossil fuels will run out.
If the argument for renewable energy to reduce climate change is not persuasive, and to many it is not, consider the following…
Each and every month for years the U.S. has had a huge trade deficit in the millions of dollars. Our Country cannot continue to run such large deficits anymore than we can continue to charge without paying on credit cards.
A large part of the trade deficient goes for payments to foreigners for the roughly 70% of oil we import. A substantial portion of that money goes to countries like Saudi Arabia who alone had approximately 200 billion in oil revenue in 2008. Millions of those dollars the Saudis and others receive from us are spent on the spread of radical Shi’a and Wahhabi beliefs. Those beliefs have as a central goal the elimination of the “infidels” of the world, namely everyone who is not a Muslim.
As former CIA director Jim Woolsey said, “We are funding the rope for the hanging of ourselves.”
Each and every month for years the U.S. has had a huge trade deficit in the millions of dollars. Our Country cannot continue to run such large deficits anymore than we can continue to charge without paying on credit cards.
A large part of the trade deficient goes for payments to foreigners for the roughly 70% of oil we import. A substantial portion of that money goes to countries like Saudi Arabia who alone had approximately 200 billion in oil revenue in 2008. Millions of those dollars the Saudis and others receive from us are spent on the spread of radical Shi’a and Wahhabi beliefs. Those beliefs have as a central goal the elimination of the “infidels” of the world, namely everyone who is not a Muslim.
As former CIA director Jim Woolsey said, “We are funding the rope for the hanging of ourselves.”
Perhaps the most important consideration for most people is financial. Consider the following example from solar. If you receive available grants, are paying 12 cents per kilowatt-hour, are in a 25% tax bracket and can take advantage of the tax credits, a solar system will pay for itself in approximately 5 years, leaving a minimum of 20 years of free electricity.
Look at your last electrical bill and see what 20 years of free electricity amounts to at current rates. However, in this example to get those free years of electricity, you must initially invest an amount equal to approximately five years of the cost of electricity (12 cents per kilowatt-hour times the number of kilowatt-hours you are using per year).
With this kind of savings, doesn't it make sense that instead of sending your tax dollars to Washington that you put those dollars that you can gain from the 30% renewable energy tax credit and accelerated depreciation into your own solar or wind project on your own property? Or, instead of gambling your investment dollars in the stock market or putting them in a bank where you will probably lose your meager 1 to 2 percent interest to inflation, to put those dollars into your own green energy system on your own property and receive a sizable profit right at home investing against an inevitable bill?
Look at your last electrical bill and see what 20 years of free electricity amounts to at current rates. However, in this example to get those free years of electricity, you must initially invest an amount equal to approximately five years of the cost of electricity (12 cents per kilowatt-hour times the number of kilowatt-hours you are using per year).
With this kind of savings, doesn't it make sense that instead of sending your tax dollars to Washington that you put those dollars that you can gain from the 30% renewable energy tax credit and accelerated depreciation into your own solar or wind project on your own property? Or, instead of gambling your investment dollars in the stock market or putting them in a bank where you will probably lose your meager 1 to 2 percent interest to inflation, to put those dollars into your own green energy system on your own property and receive a sizable profit right at home investing against an inevitable bill?
At Edison Solar & Wind, we believe that the stakes are too high and the consequences too great for our future, the rest of humanity and the planet that the decision should be made for renewable energy. Installing a wind or solar electricity generating system would be a big personal step you could take to improve our balance of trade, reduce funding for people who want to harm us, affect climate change, and save yourself some money. Contact us to see what we can do for you.
At Edison Solar & Wind, we believe...
“This is change YOU
can believe in!”
“This is change YOU
can believe in!”
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