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by Stephen Lacey, Podcast Editor
The war of words has intensified in recent days over Citizenre, the new multi-level marketing business that promises to "revolutionize" the way Americans purchase their energy.
"This is a long-term proposition for both the customer and the associate and if they are willing to participate without any financial burden...then we are more than happy to deliver to them."
-- David Gregg, Citizenre, CEO
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282 Reader Comments
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February 15, 2007
De-centralizing the energy industry is the key here. When I first stumbled upon CitizenRE, I immediately felt as if it was a "smoke-and-mirrors" operation. Months later, that seems to be mostly the truth. I don't care to discuss whether this approach will lead to a successful business. I would like to make the point that we have a unique opportunity to establish a new industry that will be more in the hands of we the people then private multi-national corporations. I feel that is vitally important that homeowners own there system and realize the full appreciation and asset of the solar system. You would not rent a swimming pool or a tennis court...and remember all system do pay for themselves and then make money the rate of which will only improve overall in the future. We don't need the next Blockbuster or Wal-Mart of solar... Think Global...Act Local!
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February 16, 2007
I explore some of the technical issues with Citizenre's plan that haven't been explored in detail to date, on my blog.
greenvolts.blogspot.com Hope you find it infomative |
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February 16, 2007
Clarification...really must type slower
The message is to say you would argue with a fence post. |
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February 16, 2007
Give these guys a break;in principle it sounds like a great idea.
They are selling sunshine not moonshine. Mike H. |
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February 16, 2007
Appreciate your comments, Ben, but 30 years is long enough for anyone. I realize thing are "better", but you have to admit that it's over due for some real change here.
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February 16, 2007
Christina,
I'm only aware of large-scale solar thermal systems, not residential-scale solar thermal systems such as you describe. Can you recommend any sources? |
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February 17, 2007
Petition for the SEC to investigate CitizenRE
Please consider joining a Petition to place CitizenRe under investigation b the SEC. This will prevent anyone getting injured by their zeal for Solar Energy. http://www.thepetitionsite.com/takeaction/208387720 |
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February 17, 2007
The concept of putting PV on every acceptable roof in the U.S. is the ultimate goal. Business is business though and CitizenRE's numbers don't add up. For the CitizenRE associates reading this, there is a reason why 4 Regional Sales Directors "resigned" in the past few weeks. Faith is amazing, but blind faith can lead you off a cliff.
The world is in need of many more non Big-Oil owned PV manufacturer's like Suntech Power. "Suntech has increased its total PV cell production output target in 2007 from 250MW to 280MW. Suntech has also raised its expected 2007 year end PV cell production capacity target from 390MW to 420MW. (read more.) |
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February 17, 2007
There is a widely accepted order of business:
Create a product Test/demonstrate the product Sell the product Why should we give any credibility to a company doing it backwards? |
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February 18, 2007
Yeah, Terry, Ron is good. It's short and has three letters like Ben. Gee, we would finally have something in common.
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February 18, 2007
I think you'd need to go with Ron, but hey it's good to "represent" here as Ronda.
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February 18, 2007
Claiming they are selling insurance is like you claiming you know anything about the law.
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February 18, 2007
Given that CR is selling an Insurance policy - I suggest it is dangerous to wait to determine their credability.
Insurance carriers are required to maintain adequate liquidity to fullfil their promises - otherwise they are merely profitting off the premiums - with no ability to pay. If Energy prices go down, CitizenRE will reap a windfall, if energy prices go up - and they have no resouces to meet the difference, they will simply be forced into Bankrupcy Prevent another Enron Ben |
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February 19, 2007
Does anybody know who the investors are behind CitizensRe, and how much they have invested?
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February 21, 2007
Anyone else think of this?
Rebates etc are intended to finance the growth portion of the Solar Business. In theory, states have a limited budget to spend on encouraging a nascent industry. If CR claims were real, it seems to depend on states having an infinite budget for grant funding. In a very real sense, the Solar industry will have to be nearly fully competitive before anyone comes along and "changes it" a the scale CR proposes. The known facts are all indicators of a pyramid scheme - which defined is a sales model in which a few profit from the buyin of others, bu in the end there is no real product, and most people lose a little money and more of their working years (a finite resource BTW). http://www.thepetitionsite.com/takeaction/208387720 Sign the Petition - Spare us a RE Enron Ben |
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February 22, 2007
Why doesn't CitizenRE go ahead an purchase their modules from SunTech Power instead of manufacturing them here in the U.S.?
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February 23, 2007
Yes Jimmy - I did smile. You're a good soul.
For all that, the contract still looks more dangerous than safe, and the idea of finishing your legal mumbo-jumbo before placing the product on a single roof doesn't strike me well. And what is this about a factory before the first roof? Who builds products that way? CR needs to build a proto, and get it under the sun. The available facts point (yes, as my mother old me not to do) they point to a pyramid - lots of earnest money - no product. Sign the Petition to prevent the next Enron Ben |
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February 23, 2007
(purchase modules?)
Christian, CitizenRe has no interest in Solar, they are interested in trading the goodwill built up by lifetimes of other people work, for a flash-in-the-pan Pyramid scheme (My conclusion of available information). Their scheme works best with a product that can't be delivered (until maybe next next year) for a hundred reasons. That buys them the time to collect earnest money. http://www.thepetitionsite.com/takeaction/208387720 The Petition Ben |
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February 27, 2007
PS. Don't bother with the EcoBoulder Link if you expect an unbiased article, it's a spamblog - the author is a CR respammer.
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March 2, 2007
I saw the hard copy of the Prometheus report on silicon, but I cannot find it on their website...sorry...I was going to provide the link.
Thanks, Rob |
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March 4, 2007
Dear Mr. Gatti,
please believe me: I know exactly how you feel. Warm regards, Maika Hoffmann |
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March 5, 2007
Ben:
As I have shared, all of the information will be released in our press conference. The news will be bigger than what you might expect. Thanks, Rob |
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March 7, 2007
THIS WHOLE BLOG IS GETTING REAL REDUNDANT NOW, PLEASE LETS ALL STOP AT THIS POINT, I AM SURE WE ALL HAVE BETTER THINGS TO DO.
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March 9, 2007
(Correction)
Good businesses understate their expectations, then deliver more than they promise. CR is claiming the moon, and has delivered zippo. |
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May 10, 2007
Ben,
with gentle amusement, I can't help but notice that you seem to want Citizenre to deliver upon its promises at least as much as we associates do. Best regards, Maika Hoffmann |
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May 16, 2007
Hi Ben;
I would love to know what you do for a living? Are you a writer, engineer, scientist? Let us all know. |
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June 25, 2007
Maiks, I'd like to point out his CitizenRE ad:
apparently CitizenRE is activily DISCOURAGING people from purchasing Solar power systems.
Here is a google ad: Perhaps you would be willing to qualify your previous asertions?
Benjamin Gatti
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