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April 4th 2011 GRIDNOT
DOWNGRADES
DYOCORE In a press conference, today, GRIDNOT president, Stephen Smith, announced that GRIDNOT would no longer carry DyoCore products as the flagship of their company. “It was a difficult decision” said Smith, “but we simply weren’t able to generate the promised wattage with their equipment, straight out of the box.” CFO and technical specialist, Eugene Buchanan, pointed out “We were able to modify the equipment, so it would achieve the levels we promised, but we would have to do this to over 12,000 units and just don’t have the manpower.” Complicating the issue further, Buchanan said “And besides, David and Victor, (both primary leaders of DyoCore) told us that this would void our 5-year warranty”. Smith told those who attended the press conference that GRIDNOT has accepted the role of California distributor for TLG Windpower. “It’s a system that delivers more than it promises. We feel it represents our philosophy, as well as our business intentions,” said Smith. Today’s announcement followed several weeks of mysterious decision-making, on the part of the California Energy Commission (CEC), the agency that is administrating what is said to be a nine-hundred-million-dollar fund of money collected from individual customers, on a monthly basis, by Southern California Edison, and several other major electric companies. This fund is supposed to be used to support the placing of small wind generators in residences and businesses, in California. On March 4, 2011, the CEC suspended its support to small businesses, including GRIDNOT, announcing that it did not like the marketing plan that had the consumer receiving the systems, at no cost. To quote the CEC, exactly, “The program, however, is not intended to fully eliminate a consumer’s economic interest by covering the entire cost of the system.” “As a result,” said Smith, “We have had to change to a lease, charging our customers $11 a month…..but we’re paying for the increase on our customers’ property taxes, so we feel okay with the change.” Buchanan added that “The lowest the law allows us to charge, on a lease, is $10 a month. We had to stay over that.” GRIDNOT has submitted, to the CEC, requests for rebates to approximately 1,100 high desert customers. As of this writing, the CEC has not released, to GRIDNOT, any of the money in the rebate fund.
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GRIDNOT HAS SUCCESSFUL HIGH DESERT HOME SHOW
GRIDNOT came out in force to inform the public about the
great opportunity available to save money and increase the comfort
of their homes with Geothermal Air Conditioning.
FHP co-sponsored the event sending West Coast Regional Sales Director
Tim
Stout to help with the show. The staff
has a great time getting the word out and found out that many people in
Several
important business
contacts were made and the show was a success.!
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