Immediate Size of U.S. Market For Renewable Benign Energy In The Coming Years

American Photovoltaics & Homes, LTD.
Low Emission, Low Cost Electric & Solar
5951 Riverdale Ave - Box 1199
Riverdale, NY 10471
Telephone # (718) 548-0428
EMail : SunsEnergy@AOL.COM

Stock Offering : $5 per share, Minimum 200 Shares

Immediate Size of U.S. Market For Renewable Benign Energy In The Coming Years
(Electrical generation & automotive).

I-The following is a list of dollar cost for electricity generated in the United States in the year 1994 using Petroleum, Coal and Nuclear Power (based on a U.S. average electrical cost of .065/K.W.:
 

  1. Coal-1,549,000 Gigowatts


    1,549,000,000,000 kilowatts @ .064/kw.                                   = $99,136,000,000/year

  2. Petroleum-11,000 Gigowatts


    111,000,000,000 kilowatts @ .064/kw                                       = $7,104,000,000/year

  3. Nuclear-613 Gigowatts


    613,000,000 kilowatts @ .064/kw                                              = $39,232,000/year

  4. Total U.S. Electrical Generation


    Coal, petroleum, & nuclear ...........                                            =$106,279,232,000/year

  5. IF WE CAPTURE 1% OF THE ABOVE FIGURE, 416,279,232,000, WOULD GIVE A POTENTIAL MARKET OF $1,062,792,320 FOR SOLAR & RENEWABLE ELECTRICAL GENERATION PRODUCTS WHICH IS A VERY CONSERVATIVE FIGURE.

NOTE:  As previously stated, imported petroleum is being brought into the United States at the rate of 8-12 million dolars per hour, which is the equivalent of $240 million/day x 365 days/year = $87,600,000,000.

II- Petroleum For Automotive Use:
     6- Gasoline for cars and trucks (consumed for the year 1995)
       a) 341,880,000 gallons/day x 365 days/year                            = 124,786,200,000 gallons.
       b) 124,786,200,000 gallons x $1.30/gal.                                   = $162,222,206,000/year
       c) if we capture just 1% of $162,222,206,000                          = $1,622,222,060/year.

III- Total potential market for benign Renewable Energy

      If you add 1-5 above Solar &
       Renewable Electrical Generation Products(1%)                                    = $1,062,792,320
       to #6 above (Petroleum For Automotive)(1%)                                        = $1,622,222,060
       Total future market for renewable energy                                              = $2,685,014,380

The above figure is for the U.S. only and if you consider Canada, Mexico and Europe the figure becomes much larger.  When you look at the additional facts such as:
1- That U.S. Petroleum reserves will start to dwindle dramatically over the next decade.
2- Foreign oil imports are presently coming into the U.S. at the rate of 10 million dollars/hour and will increase dramatically over the next decade.
3- The U.S. government and most other world governments are dedicated to: A-Reducing the greenhouse effect, B- Reducing Ozone depletion, C- Eliminating Nuclear contamination & pollution.  D- In case of terrorist sabotage involving generating stations, having in place alternative sources of clean electrical and heating energy.
4- Add to this the fact that demand for electrical generation and automotive propulsion will increase dramtically over the next twenty years especially in the third world countries then the above figures are very conservative and certainly attainable.



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