Tag Archives: bill

Solar Industry booming with 21% growth – Solar Leasing now has waitlists

Unlike much of the rest of the economy, the solar industry is growing rapidly. New solar installations in California jumped by 21 percent last year. An increasing amount of that growth is from “solar leasing.”

What’s commonly called “solar leasing” is now the most popular way for homeowners to install solar electricity.

A solar company installs the panels for the customer for free or for a minimal cost. Then it sells the consumer the electricity for about 10 percent less than local utility rates.

SolarCity CEO Lyndon Rive, “before solar was more designed to those who could afford a large upfront cost of $20,000 to $25,000. Now the average person can go solar and just start saving money, there’s no investment.”

Rive says the option is so popular that in some markets his company has a waiting list of 4 to 6 months.

via Capital Public Radio

 

// Photo – Heritage Solar

President, Congress pass bill to allow venture capital funding via crowd sourcing

Earlier this month, President Obama sign the JOBS bill into law with strong bipartisan support, and no this isn’t the one you’re thinking of. This one is designed specifically for funding start-ups with a particular focus on crowd funding (i.e. Kickstarter).

Explained by author and professor, Jeff Jarvis:

The JOBS bill being signed by President Obama today is critical to the emergence and growth of the next generation of industries as ecosystems.

Those ecosystems are made up of three layers: platforms, entrepreneurial ventures, and networks.

Platforms (Google, Amazon, Salesforce, Facebook, Kickstarter, Federal Express, Foxconn), which make it possible for entrepreneurial ventures to be built at lower cost with less capital and reduced risk at greater speed. To provide the critical mass that large corporations used to provide — to, for example, sell advertising at scale or acquire distribution or acquire goods or services at volume — sometimes these ventures need to band together in networks (Glam, YouTube, Etsy, eBay).

The bill supports this flourishing start-up trend by updating some outdated laws, from the 1930s, and correcting some from the Sarbanes-Oxley Act of 2002.

Of interest to us, the regular people:

  • Entrepreneurs can raise up to $1 million per year through those approved crowd funding channels.
  • Investors with incomes of less than $100K will be limited to 5 percent, or $2K, investments.
  • Those who make over $100K/year will be limited at 10 percent, or $10K.

Previously, one could not sell equity through crowd funding and only registered investors with $100,000 could fund a company. Now, with the crowd sourcing provision anyone can get in on the action.

This is great for the industry and those with a nose for investing, but do be wary. Internet scammers and unskilled entrepreneurs will soon be asking for your money to fund the next Google.

 

Learn more about the billJumpstart Our Business Start-ups (JOBS) Act

 

// Photo – Guano

Happy New Year – 760 new laws for California – gays in textbooks, fruity drinks, and maternity leave

I must be a wonk because I find all these new laws fascinating. From a bill that allows infused drinks to another that requires schools to include the contributions of gay, lesbian, bisexual, and transgender people in history lessons.

For the record, an infused drink is not a Mojito where mint is added when the drink is made. Instead the fruit is added to the alcohol and then sits on the shelf, infusing, and served at some later point.

There are also laws that ban selling puppies on the street and another allowing near unlimited clean needles for drug users. Beer with caffeine is banned and so is using a credit check during the hiring process. There is also a new permit that allows wine to be sold online and some extra money for investigating a San Diego to Los Angeles high-speed rail.

It feels like all the budget cuts from Governor Brown are rearranging everything, hopefully saving some money and maybe, just maybe improving our lives.

Here are a few more and a link at bottom for the full list.

Saving parks: allows nonprofits to take over the operation of state parks that otherwise would be closed because of budget problems.

Recycling: establishes as state policy that 75% of solid waste should be diverted from landfills to recycling and other processes by 2020.

Presidential primary: moves the state’s presidential primary election from February to June and consolidates it with the statewide primary election to save $100 million.

Iran: mandates that the state’s pension boards divest their funds from companies that are part of the defense or nuclear industries in Iran.

Autism: requires health insurers to include coverage for autism.

Foster care: allows foster care for eligible youths to extend beyond age 18, up to age 21, when the Legislature provides the money. Another measure requires California State University campuses and community colleges to give foster youths priority to enroll in classes.

Maternity leave: requires employers to maintain and pay for health coverage while women are on maternity leave.

Marijuana: gives cities and counties clearer authority to regulate the location and operation of medical marijuana dispensaries. Another law creates new penalties for the possession of synthetic cannabis products, which have been sold in convenience stores and tobacco shops.

Lying politicians: forces elected officials to forfeit office if convicted of falsely claiming they have been awarded military decorations.

Dream Act: The portion of the California Dream Act taking effect this year makes illegal immigrants accepted at California public universities and community colleges eligible for privately funded scholarships administered by the schools.

view the full list at LA Times

The best movie costumes for Halloween (guys edition)

Halloween Series

Fabulous movie costumes for Halloween (Ladies Edition)

The most famous movie couples for Halloween

Now the fellas…

 

Frank Rossitano (30 Rock)

 

Ferris Bueller

Ron Burgundy

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