I-937

The passage of I-937 in Washington State requires large utilities to to recieve 15% of there electricity from renewable sources. If 15% of consumers in a utility own there own green energy source and that power is transmitted on there behalf to there utility, the mandate of I-937 can be achieved without raising rates on the other consumers.

Introduction of concept

In his book Rich Dad Poor Dad, Robert T. Kiyosaki writes, "You must know the difference between an asset and a liability, and buy assets." The purpose of this blog is to explore that concept as it applies to energy. Specifically green energy.

Most of us can purchase energy only as a liability, something that we consume and must purchase a replacement for once used. The gas in our car or the electricity that turns on our lights, we refill our cars and pay our power bills over and over again our entire lives.

Green energy has the potential to break us free of that cycle because of how green energy is generated, a device is attached to a piece of real estate, that device extracts energy from the environment. Energetic real-estate is the asset part of green energy. As with other types of real-estate location is key. I live in Seattle, a solar panel may help some but it will not supply my entire need, nor will a windmill. I simply live in a place chosen for proximity to my work and not for its energetic value.
If I could purchase a piece of land suitable for generating power that power goes into the grid at the point of its generation. Still of little help. However if that power could be transmitted to my utility provider for credit on my behalf I could get rid of my utility bill. What was once a liability, my power bill, becomes an assett, my energetic real-estate holding.
Currently the big wind -farms and solar-farms are owned by energy companies who must raise venture capital and sign purchase power agreements to pay for them. Sold at an auction in parts suitable for a homeowner such as myself costs could be recovered very quickly, setting a reserve insures that the power company gets its expected return.
The same format can be applied to tidal power. Selling anchorage for tide turbines. This may provide a windfall for the fed since they "own" the coastlines.
Fossil fuel can never compete as an asset, it is burned then gone. Creating a market that focuses on energetic real-estate gives green energy an advantage that fossil fuel cannot compete with.