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Citizenrē REnU - Perfect home solar solution or perfect scam?
Wed, 08/15/2007 - 15:42 — darren
Everyone agrees solar is a good thing free electricity with no pollution. However of course the equipment is expensive (about $40,000 for a home) so even if the the tempting federal and state incentives half the cost of installation your still looking at 10 years to pay it off. Not many people can be sure they'll be in the same house for that long.
Citizenrē has a great solution with their REnU program. Instead of buying your own system Citizenrē will install one for a $500 deposit. Then you just buy the electricity the solar system generates, from Citizenrē, at the same rate you currently pay your electricity company. The rate you pay is fixed over your 1, 5 or 25 year contract. So that means in your first year you may not save anything but as the years go buy your rate stays the same as the electricity companies rate increases. Your saving is the difference between the two. Over that contract Citizenrē is responsible for all maintenance of the system. There is a lot more detail on their web site Citizenrē REnU.
However it is possible that all this is too good to be true. Jeff Wolfe certainly thinks so. I have to say that as soon as I see multi level marketing especially with large commissions I get worried. If people have to work that hard to sell something how good can it be?
I think procrastination is definitely an asset on this one. I'll be waiting to see how it pans out. I do hope it succeeds.
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I signed up for this service
I signed up for this service in February of 2007 after receiving the "contract" etc from Citizenre. I have not heard another thing from them after I downloaded the IDS pages just to see what the MLM posture was looking like. All very interesting, but this thing feels like it is dead before it gets off the ground. No indication of panel manufacture; no response from the IDS that ran the ad that I responded to... no nothing! I hope it happens; I'd love to have my PEPCO bill reduced...this January it was off the charts! I guess I'll keep the file with the contract in the "active" drawer in my file cabinet.
Well, I signed up for them
Well, I signed up for them and I also looked into the idea of promoting them.It has been nearly a year since I found out about them.Now I am constantly getting unsolicited emails from their representative assigned to my area.The emails are typically for "other" MLM/Pyramid schemes, pushing personal political agendas and so forth.I suspect (but cannot prove) that this is a regular MLM type company that came up with a great hoax in order to harvest contact information and to sell others on their "other opportunities".Deeply saddened with them.
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