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Business Leader Investment

PosiGen CEO Thomas Neyhart: Solution To Save You Money

Everybody hates getting high electricity bills each month. The worst part is that only engineers understand how the bills are generated and why the amounts vary from one month to another. However, solar is different because users understand how the system works and save money. Solar panels from PosiGen are made of photovoltaic cells that use the photovoltaic effect to convert light energy into electricity. When the cells are exposed directly to sunlight, they convert solar energy into direct current electricity. Eventually, the direct current electricity is converted into alternating current electricity by the solar inverter used in most households (Apnews). 

 

To protect the environment against harmful emissions, the federal and state authorities are subsidizing the use of renewable energy like the one at PosiGen. Several incentives have been formed to aid homeowners who want to buy solar panels; for example, Connecticut Green Bank covers a certain percentage of the PosiGen Solar Program. Due to net metering, solar panels save a lot of money for homeowners. According to PosiGen CEO Thomas Neyhart, every house that has electricity has a device that measures the electricity consumed in kilowatts. The monthly electricity bill is calculated by multiplying the number of kilowatt-hours used by the electricity price per kilowatt. Gross metering is used to measure the amount of electricity that a provider delivers to a household. 

 

On the other hand, homes with solar produce their electricity. The amount of electricity that is made by a solar panel is different every month. While solar will satisfy a portion of the electricity needs of any home, the rest is gotten from the grid. If the solar panels can satisfy 25% of your home’s energy demands, your monthly electricity bill will be 25% lower. Suppose, PosiGen CEO Thomas Neyhart keeps on, the panels produce more energy than is needed in the household. Therefore, excess energy is conveyed to the grid, and the homeowner is awarded free electricity for use in the future. Clients who purchase their solar panels upfront receive a single utility bill from their providers. However, some people opted to join the PosiGen solar lease that gives them two separate bills: the regular utility bill and the monthly PosiGen bill with a fixed lease price. 

More on PosiGen CEO Thomas Neyhart and available solar panel services http://corporateofficehq.com/posigen-corporate-office/

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Business Expert Business Leader Sudhir Choudhrie

Sudhir Choudhrie: A Peek into the Life of a Man Who Has Made a Difference

According to Forbes magazine, business is one of Choudhrie’s greatest passions, and he’s been listed in the top 10 richest Indians. Having accumulated a net worth of $1.5 billion, Choudhrie’s wealth is generated from his Choudhrie Group, which owns multiple property development companies in India and London and has investments in water, hydroponics, and green energy.

However, in recent years, Sudhir Choudhrie has focused on philanthropic activities, and the Indian businessman continues to be involved in many charities and non-profits. He’s dedicated $1 millions of his own money to the support of Choudhrie Children’s Centre. He is also on the board of trustees for the IIT Delhi Foundation, an educational charity organization. As a child, Sudhir Choudhrie spent time at the family’s guesthouse in Delhi called The Oberoi, which would later become The Oberoi Amarvilas. In the late 60s, Choudhrie’s father, Inder, sold a land tract that surrounded the guesthouse, and he founded The Oberoi Group, a real estate company based in Delhi that began to build the best hotels in the country. In 1970, Inder and Sudhir had a falling out over the succession of the family real estate business, and Choudhrie joined his father’s company instead, starting work as a marketing executive in 1972.

Following in his father’s footsteps, Choudhrie started his own real estate company in 1975 and acquired a stake in several property management firms. In 1995, Sudhir Choudhrie sold his stake in Choudhrie & Co. to fund the construction of Dubai’s iconic luxury hotel, The Palm, in partnership with his close friend, the Dubai property developer Mohamed Alabbar.

In 2001, Choudhrie built another landmark property named “Palace 1 of London,” which boasted a floor plan measuring over 3,000 square feet. The Palace 1 of London was located in Hammersmith, London, and could house up to 13 guests. Choudhrie, with the financial backing of JP Morgan, was able to buy out the lease of the Palace 1 of London from the owner in 2007.

Sudhir Choudhrie has also co-chaired various organizations that promote excellence in international relations and has donated a large sum of money to children’s charitable organizations around the world. The Choudhrie’s are a notable philanthropic couple, especially considering their exact net worth remains unknown.