The Outliers (Disclaimer: Not the Book)


Hypothesis: The market for residential and commercial solar panels will increase within the next few years as prices of panels decrease, demand for electric power increases, and protective import tariffs continue.





Inside the Boundary
Outside the Boundary
Who:
Homeowners, non-lease/long-term lease business owners, individuals conscious of the environment
Low income individuals, renters/lessees, students
What:
Reliable, affordable, sustainable energy

Not a high cost solution, not interested in an investment that adds no value to them
Why:
Storms commonly knockout power for hours/days/weeks at a time, why pay for electricity when there’s a way to not have to?
Electricity included in rent, initial installation costs are too high, don’t own the business so they will never see the ROI/value added to the property


Interviews

The Interviews I Finished
Interview 1: College Student
            What is your current housing arrangement?
                        Renting a room in a house

            What do you know about solar panels?
                        A decent amount.  Done a bit of research

            Have you ever used one?  What for?
                        Yes, a really tiny one which powered a little car

            Would you have any use for a solar array?
Since renting, not really.  Maybe in 10 years after settling down in a house and I have the money saved

Interview 2: Owner of single apartment
            Where do you live?
                        Condo in Boca Raton, Florida

            How much do you pay per month on average for electricity?
Average $97-110 (~$1250/year)
           
            Since you live in an apartment, would you have any use for solar panels?
                        No.  I would like to have them, but I live in a condo.  So it isn’t a possibility


The Interviews I didn't get a chance to do within time
Interview 3: Another College student
            What is your current housing arrangement?

            What do you know about solar panels?

            Have you ever used a solar panel?  What for?

            Would you have any use for a solar array currently?

            What about in the future?


Interview 4: Hotel
            How large is your building?  How many rooms?

            How much traffic passes through on a given month/season?
           
            What is your most significant expense?  Cleaning, water, electricity

                        If not electricity, where does electricity rank in expenses?

                        How much do you spend?     

            How do you currently power your building?
           
            What is the current monthly bill/consumption?
           
            Have you looked into other power sources?

            What do you know about solar energy?

Interview 5: Biomedical Device Manufacturing Business Owner
            How large is your building, square feet?

            Do you lease or own?

                        If Lease, is electricity included?

            How is the building powered?
           
            What is the current monthly bill/consumption?
           
            Are other power sources an option?

            Have you looked into other power sources?

            What do you know about solar energy?

            What would be your reasons for not all ready installing solar panels?

Comments

  1. Hello Quinton,

    I do agree with you on the statement of why should we pay for electricity when we could get it naturally for free from the sun. Currently, Elon Musk is trying to find a new way to use energy by creating a cheaper solar panel sustainable for citizens to use but solar panels are very expensive and they depend how much it costs based off of the state that you live in so to say we would get free electricity, yes indeed but the cost to install them and maintaining them would be just as cost effective.

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