Because of the widespread awareness of global warming, movements around the world, are addressing and implementing mitigation methods, especially the transition to renewable energy resources such as solar and wind. The transitions are our main focus.
Through an on-line search of “Water Rising Levels” for any costal city in the US and the world, from Bar Harbor in Main, south to Port Isabel in Texas on the Gulf, and from Cape Flattery in Washington, south to Chula Vista in California on the Pacific, one is made aware of the real numbers, in the high risk in living near the costal waters, strengthened by the hurricanes, which will add to the flooding of the cities. Globally, islands like Fiji in the Pacific, is facing the risk of being completely submerged. (1)
Climate warming is expected to cause increasing losses, to American infrastructure and property, and impede the rate of economic growth over this century. Other anticipated destructive effects are increased risks or failures in other critical systems, including water resources, food production and distribution, energy and transportation, public health, international trade, and national security.
Our company’s contribution to the effort of reducing global warming, is focused on reducing the levels of carbon dioxide, emitted from US power plants supplying electricity to homes, (estimated about 15 thousand pounds per year for each household), by partnering with the entities who produce and install solar panels that provide electricity to homes. Please refer to the Facts Sheet for the supporting calculations.
Beside the morality of reducing global warming, are solar panels a good financial investment for households?
The answer is YES, supported by solid numbers and calculations, issued by reputable institutions in the United States. Please see Fact Sheet for the FINANCIAL CALCULATIONS:
For a typical 8KW system designed for a typical household, the return on investment is six percent (6%) over 30 years.
If Property Premium improvement is included in the calculations, then the return on investment will be 22.5% when the property is sold after 4 years from the date the system is installed.
Our objective is to create partnerships with homeowners associations members, solar panels installers, manufacturers, global warming reduction organizations, and government agencies, to improve the percentage of US houses with solar panels, from the present low level of 1.6%. While Penelope Solar & Engineering L.L.C. envisions positive financial returns on investment, that motivation is secondary to the reward we anticipate, from joining the effort to combat global warming.
Our vision is to remain an effective force in this effort for years to come, employing our years of engineering experience, and moral commitment to the benefit of grandchildren like Penelope and generations to come. (2)
Penelope Solar & Engineering envision the road forward, with dedication to our clients, honesty, an independent technical advisor for all projects, treating all parties with respect, straightforwardness, transparency, and most of all consideration as a member, of our large and ever expanding family of concerned citizen.
Our clients projects, will be treated as our own projects, intended to succeed and endure, whether it is solar projects, design, feasibility studies, facility assessments, failure analysis, reliability enhancements, energy studies rate of return calculations, renewable energy justifications, commissioning, or construction support.
Foot Notes
1-Time: June 24, 2019 edition
2-The owner of Penelope Solar & Engineering, Ayman Jureidini, enjoys the distinct heritage of parents and grandparents, who were among the earliest generations in the Middle East, to study at the American University of Beirut (AUB), Lebanon, founded 1866. It is from that institution, that Ayman has received his engineering degree.