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
Ben,
thank you for the clarification. Your point is well taken, but as far as I can tell, one actually needs to provide a contract for trading futures. However, Citizenre's FRA is not a contract; it simply does not meet the criteria that would make it one.
You also raised other good points in the past, such as the world wide silicon shortage, the fact that Citizenre has yet to present a product, and that false representation of their idea might hurt the solar industry as a whole. Only time will tell what will actually happen.
However, regarding the "threat" to the solar industry: I have been interacting with several of the larger installers in Southern California, and none of them has shown the least concern. Instead, they appear quite content expanding their businesses and spending their time filling existing orders.
Maika
No one in the Electricity market was worried about Enron either until after. Then it seemed everyone should have realized what was happening - the signs were everywhere - masked by irrational exuberance.
The toll for a large fiasco is increased regulation. Already, the competitiveness of US companies is in jeopardy because of post-Enron regulations.
I suggest it is naive to sit idlely by and hope that CR is not what it appears to be.
Ben
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:
Don't buy solar power.
Get your questions answered.
Find out what 10,000+ already know.
SolarForAmerica.com
Perhaps you would be willing to qualify your previous asertions?
Benjamin Gatti
Gentlemen/Ladies:
Here is your CitizenRe product CHEAP and poised for mass production:
http://www.aboutmyplanet.com/alternative-energy/large-scale-cheap-solar-electricity
Thank God that this company was smart enough to raise $100mln in venture capital....
Have a green day!
Ben:
The ad you quote can be read with emphasis on the "don't" or the "buy", and doing so creates different meanings. Personally, I tend to agree with you; it could be helpful to make it less ambiguous. However, as it largely depends on one's interpretation, I believe the intent is to create curiosity in whoever reads it without any prior knowledge of the option of renting solar panels.
Secondly, please let me know which particular assertions you would like me to qualify. When doing so, please keep in mind that as an independent contractor, I cannot speak for Citizenre, and it is entirely up to them if they want to heed anything I say.
Steve:
I am very curious to see Citizenre's progress over the next few weeks and months as well. If this sounds like a repetition of past statements of mine: I am well aware of that.
Best regards,
Maika
For those of you with any real interest in Citizenre please direct your browser to the corp site and the current press release.
http://www.citizenre.com/web/index.php?p=press_releases
David Miller
IDS Powur of Citizenre
While it appears that there are some serious flaws to citizenre, there business model is not unique. There is a successful solar company in new jersey that provides similar services to the commercial sector (stores with flat roofs like whole foods). For those of us with modest means, installing a PV system is simply not economically feasible with today's current technology. I might add that the suggestion for getting a home loan to install a system is not something every homeowner can do. We are already an overleveraged society with to much debt, using our houses like ATMS. What we need is a solar solution for the masses. If someone could take the idea of renting out PV units and maybe charging a little bit more for service than standard utility rates I know I and everyone I know would sign up. It's to bad that right now the only real way to be green and reduce significant personal carbon emissions (and I'm sorry but, changing all your lightbulbs is not going to cut it) is to be rich.