Residential wind generators are not for everyone. But I believe a great potential exists for much of rural America. This article will explore a different concept on wind farm potential, home wind power generators, and ownership of a portion of your energy needs.
3. The existing power grid is capable of handling the power without modification.6. You own it the equity is yours.Another excellent reason to build this power system is that you can unlock a great deal of money. The cash you use to pay your electrical bills for a totally year can now be diverted to different crucial things that you or your family requires. On top of that, you can also produce money by selling the an excessive amount of electricity you have to the ability companies.About Pioneer Power Solutions, Inc.4. Because the power is generated at its point of use there is no transmission loss.7. You now have control over a portion of your energy needs.What we feel is most significant is that the average person in the right location can start generating a portion of their energy needs. An entry point cost of five hundred dollars for residential wind generators, with state and federal incentives that can be as high as 30%, is very appealing.Our GAAP net earnings during the first half of 2011 were negatively impacted by $441,000 of costs primarily associated with a public offering of common stock which was postponed due to market conditions. During the first half of 2010, our net earnings benefitted from a $1,052,000 non-cash gain which was partially offset by $350,000 of transaction expenses related to two acquisitions we completed during the second quarter of 2010. On a non-GAAP basis, reversing these and other non-cash items, we reported net earnings of $569,000 and $1,599,000 during the three and six month periods ended June 30, 2011, respectively, as compared to $1,025,000 and $1,430,000 reported in the comparable prior year periods. Non-GAAP earnings per basic and diluted share were $0.10 and $0.27 for the three and six month periods ended June 30, 2011, respectively, as compared to $0.17 and $0.24 per basic and diluted share during the same periods of 2010. Please refer to the financial tables included below for a reconciliation of GAAP to non-GAAP results.First Six Months 2011 HighlightsLets look at some of the advantages of home wind power generators and the ways they can be used.For more information regarding Pioneer's financial performance during the quarter ended June 30, 2011, please refer to the Form 10-Q filed with the Securities and Exchange Commission on August 15, 2011.5. An easy cost entry point allows the average person to participate.This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) the Company's ability to expand its business through strategic acquisitions, (ii) the Company's ability to integrate acquisitions and related businesses, (iii) the fact that many of the Company's competitors are better established and have significantly greater resources, and may subsidize their competitive offerings with other products and services, which may make it difficult for the Company to attract and retain customers, (iv) the Company's dependence on Hydro-Quebec Utility Company and Siemens Industry, Inc. for a large portion of its business, and the fact that any change in the level of orders from Hydro-Quebec Utility Company or Siemens Industry, Inc. could have a significant impact on the Company's results of operations, (v) the potential loss or departure of key personnel, including Nathan J. Mazurek, the Company's Chairman, President and Chief Executive Officer, (vi) the fact that fluctuations between the U.S. dollar and the Canadian dollar will impact the Company's revenues, (vii) the Company's ability to generate internal growth, (viii) market acceptance of existing and new products, (ix) operating margin risk due to competitive pricing and operating efficiencies, supply chain risk, material, labor or overhead cost increases, interest rate risk and commodity risk, (x) restrictive loan covenants or the Company's ability to repay or refinance debt under its credit facilities that could limit the Company's future financing options and liquidity position and may limit the Company's ability to grow its business, (xi) the Company's ability to develop and grow its wind energy business, (xii) general economic and market conditions in the electrical equipment, power generation, commercial construction, industrial production, oil and gas, marine and infrastructure industries, (xiii) the impact of geopolitical activity on the economy, changes in government regulations such as income taxes, climate control initiatives, the timing or strength of an economic recovery in the Company's markets and the Company's ability to access capital markets, (xiv) the fact that unanticipated increases in raw material prices or disruptions in supply could increase production costs and adversely affect the Company's profitability, (xv) the fact that the Company's Chairman controls a majority of the Company's combined voting power, and may have, or may develop in the future, interests that may diverge from yours and (xvi) the fact that future sales of large blocks of the Company's common stock may adversely impact the Company's stock price. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K filed with the SEC on March 31, 2011. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov . The Company assumed no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.4. They tie into a grid that is 100 years old in many locations, the longer the transmission distances the greater the energy losses.2. They take up acres of ground that likely had other economic uses.A homemade wind power generator has become quite a need for a great number of people due to the escalating cost of electricity. Most of the electricity we are receiving comes from fossil fuel, such as oil and coal. Sadly, the costs of those materials are escalating. This is due to the fact that they are becoming more rare everyday. The entire planet is consuming billions of tons of fossil fuel everyday. Finally, resources will run out. With this kind of system, you bring your electricity bills to zero, and maybe, even make money out of the an excessive amount of energy you are able to make.1. They take years to build.Homemade Wind Power Generator: Customer SupportGreat strides have been made in industrial wind farm construction and integration; the potential at the industrial level is being thoroughly analyzed. It's the cheapest alternative energy solution we have to date.Net Earnings and Earnings Per Diluted ShareNow lets examine the aspects of a different concept in wind power generators.If you want to know what's happening in American wind power, please visit http://awea.org/, They can help you decide if a home wind power generator is right for you. Residential wind generators must comply with all local zoning laws.1 does not have to be a rocket scientist in order to generate a homemade wind power generator. The guides being sold on the Internet make the instructions straightforward to follow. In case you do encounter a difficulty when constructing this system, you can always ask aid from their toll-free client service. The companies selling these guides have a client service representatives who are more than enthusiastic to offer a hand.Mr. Mazurek continued, "Our results can vary widely on a quarter-to-quarter basis and while our second quarter results came in below our internal profit expectations, we are still very pleased with our progress through the first half of this year. Our Adjusted EBITDA and non-GAAP net earnings per share, which exclude certain non-cash and non-recurring items, grew 31.1% and 12.5%, respectively, in the first two quarters through June 2011 versus the same period last year. In the month of July 2011, our order backlog increased by $5 million, or approximately 30%, which excludes our acquisition of Bemag Transformer on July 1, 2011. These factors should contribute favorably to our quarterly comparisons for the remainder of the year."That county happens to be Carroll, which may be the new home of the Guantanamo Bay Detainees. Our location is four miles from the Thomson Prison.Homemade Wind Power Generator: Can I Make Money?2. They can be mounted on existing structures. Rural America has thousands upon thousands of agricultural structures in the form of silos, windmill towers and grain elevators that could be retrofit with a variety of home wind power generators.
If you want to know what's happening in American wind power, please visit http://awea.org/, They can help you decide if a home wind power generator is right for you. Residential wind generators must comply with all local zoning laws.
Author: Ed Eubanks
No comments:
Post a Comment