Any comments about CitizenRE [RE-wrenches]

[Christopher Freitas --- OutBack Power]

Here is a very good link on CitizenRE with much more information than I 
have previously found:

http://peswiki.com/index.php/Directory:Citizenre_Corporation

Here are some highlights:

In 3-4 months, Citizenre will be announcing a wind power option using 
the same arrangement. They will embrace newer and more efficient 
technologies as they become available as well.

Roughly half of their customer base is residential, while the other half 
is commercial.

Latest Developments

The company will be making its public debut with major announcements in 
mid January, 2007. The information will include funding partners, sales 
organizations, and insurance interests, all of which will be major, 
well-known names.

Timeline

* ~Dec. 2006, promotion: $500 deposit waived for customers who sign up
* ~Jan. 2007, groundbreaking for 500 MegaWatt manufacturing facility.
              6-10 more will follow.
* ~Jan. 2007, funding partners unveiled
* ~Mar. 2007, begin electrician hiring and training
* ~Jun. 2007, begin customer facility review by technicians and   
              contract signing
* ~Sep. 2007, begin installation

The company expects to install 100,000 units on homes in their first 
year.

Additional Information

Source: Phone interview with Kendrick Coulter, one of three Executive 
Sales Directors for Citizenre. Interviewed by Sterling D. Allan on Dec. 
29, 2006. Some of the information obtained in this interview is also 
reflected in other sections on this page.

The solar technology to be deployed by Citizenre is able to use a lower 
grade silicon, which they will manufacture, so there will be no silicon 
shortage issues. It is a polycrystalline material that achieves around 
14% to 15% efficiency in converting solar to electricity. Where the 
company's technology excels is in the cost, which will be half of what 
other solar company's costs are in production.

Citizenre has been approaching numerous existing solar installers about 
franchising. In many cases, several of these "Mom & Pop" organizations 
joined together to qualify for a franchise. Additionally, there are 
30,000 representatives from existing sales organizations waiting to come 
into the operation.

Citizenre expects that by the year 2025, 25% of the total residential 
power will be provided by them.

Considering the huge outlay required by the investing groups, you can 
imagine the extensive due diligence they have gone through to make sure 
that this business model is viable.
[edit]
Citizenrē REnU program

renu.citizenre.com (http://www.citizenre.com/pesnetwork)

Claims:

   * No system purchase
   * No installation cost
   * No maintenance fees
   * No permit hassles
   * No performance worries
   * No rate increases

Dec. 2006 Promotion

Citizenrē is running an introductory promotion waiving the normal 
$500 security deposit requirement for customers who sign up for the 
service in December.

Orders placed in December will be installed in September 2007.

Patents

The company has 15 patents on the technology.

Economic Viability

On Dec. 8, 2006, Richard George wrote 
(http://www.renewableenergyaccess.com/rea/news/story?id=46770):

"This means that we can profitably handle retail home business at kwh 
rates as low as 7 cents per KWH. Citizenrē maintains all CO2, 
pollution, and renewable energy credits as we own the systems. We don't 
need rebates and expect that all US solar electric rebate programs will 
be terminated in the next two years. We're economic without them. They 
have actually held back the industry."


Their Delaware address is registered and can be looked up at 
https://sos-res.state.de.us/tin/GINameSearch.jsp

THE CITIZENRE CORPORATION
Contract Administration
501, Silverside Rd. suite 69
Wilmington, DE 19809

----------------------------------------------------------------

Christopher Freitas
OutBack Power Systems, Inc.
cfreitas @ outbackpower.com  
www.outbackpower.com
Arlington WA USA
Tel 360 435 6030  


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