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non profit electricity company | |||||||||||||||||
Someone should set up a non profit electricity company that would only make electricity using sustainable energy sources.Since a non profit organisation doesn't focus on making a profit it's easier for the organisation to "do the right thing" and re-invest all it's profits.
logicalerror, Oct 26 2007
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Who is this "someone" who will donate money with no hope of a return?
Electric Cooperatives, by definition, are non-profit. The reality is that electric production, even with renewable resources, is very expensive. A cooperative using renewable energy typically generates at a loss for quite some time before making a return on their investment.
One can put up a few wind generators or perhaps solar units at their own home, spending perhaps $50,000 and then use their own power generated. That means they would have to finance the initial investment themselves. That opportunity is open to you today.