For a self-made billionaire and international business tycoon, Elon Musk sure does seem to have a lot in common with approximately half of all Americans. Like 49% of all American households many of Mr. Musk’s companies seem to be dependent on benefits from the federal government. The man who hopes to die on Mars may have his trip made possible by leveraging government tax benefits to make unprofitable companies profitable. SolarCity lost the better part of a billion dollars in 2016 before being acquired last November by Tesla, another of Mr. Musk’s enterprises. In an effort to stop the bleeding, Tesla’s new solar division drastically altered its business model and moved into solar roofing tiles.

Detroit Hosts Annual North American International Auto Show

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Companies Push for Fair Energy Rates in Michigan, Minnesota

When a factory is more energy efficient, owners spend less money on heat and power, boosting profits and making the manufacturer more competitive. Unfortunately, industry efforts to improve their energy efficiency face significant barriers in states with unfair rates for what’s known as stand-by power. Many factories and other large facilities can benefit from installing… Keep reading →

The General Assembly of Maryland just passed a bill that would provide a 30% tax credit to those who chose to utilize energy storage technology, making it the first state in the country to pass such legislation. The funds provided by the bill would last from 2018 to 2022. The bill includes a cap of… Keep reading →

According to the U.S. Energy Information Administration (EIA), the average resident living in a home that was built in the 1980s consumed 77 million Btu of total energy. Those living in newer homes (built from 2000 to 2009) consumed 92 million Btu of energy in their household (19% more compared to residents who live in… Keep reading →