Does Investing in a Steady Power/EcoPower 4 Unit make Financial Sense?

1.0 INTRODUCTION
Some questions that frequently come up (about the Steady Power/EcoPower 4 unit) are "financial questions".

Some examples of these "financial" questions are.

Does Investing in the Steady Power/EcoPower 4 Product Make Any Financial Sense?

How much money will I save each year, by investing in the Steady Power/EcoPower 4 Product?

How long will it be before the Steady Power/EcoPower 4 Product pays for itself?

We are going to answer these questions in this blog posting.


2.0 BRIEF DESCRIPTION OF THE STEADY POWER/ECOPOWER 4 SYSTEM
The Steady Power/EcoPower 4 System is an "Electrical Energy Management System" that does all of the following things.


2.1 SAVES YOU MONEY ON YOUR ELECTRIC BILL
The Steady Power/EcoPower 4 System will reduce your "household" electrical energy consumption from the electrical grid by as much as 23% without the need for your family to alter their lifestyle whatsoever.

Further, this product will accomplish these savings without the need for the installation of expensive solar panels on your home.


2.2 PROTECTS YOUR ELECTRONICS FROM DAMAGE DUE TO ELECTRICAL SURGE/SPIKE EVENTS
It will protect your electronics from damage due to electrical surges and spike events.

The Steady Power/EcoPower 4 Product comes with a 10 year/$25,000 guarantee.

If (during your first 10 years of ownership) a surge event occurs and if our product fails to protect your electronics from damage due to this surge event;

Then the Manufacturer (of the Steady Power/EcoPower 4) will reimburse you for the cost of replacing your electronics for up to $25,000.

Further, if (during the first 10 years of ownership) a surge event occurs and if your Steady Power/EcoPower 4 unit "sacrifices" itself and is no longer functional;

Then the Manufacturer will provide you with a "replacement" product - free of charge.


2.3 IT EXTENDS THE OPERATING LIFE OF YOUR ELECTRONICS AND IMPROVES THE PERFORMANCE OF "SENSITIVE/HIGH-PERFORMANCE" ELECTRONICS BY FILTERING OUT ELECTRICAL NOISE FROM THE POWER LINES IN YOUR HOME
The Steady Power/EcoPower 4 System will extend the operating life of your electronics by filtering out electrical noise from the Power Lines in your home.

The "Energy Savings" function of the Steady Power/EcoPower 4 also works to extend the operating life of your electronics.

When the Steady Power/EcoPower 4 reduces your "household's energy consumption" from the electrical grid; it is actually reducing the amount of electrical current that your household pulls from the electrical grid.

By "pulling less current" from the Electrical Grid, we are allowing your electronics to run "cooler".

Heat is a mortal enemy of your electronics

Therefore, anything that will permit your electronics to run cooler (at lower temperatures) will greatly extend the operating life of your electronics.

Finally, the "Filtering (Removing) of Electrical Noise from the Power Lines also serves to improve the Perfomance of your Sensitive/High Performance Electronics such as Audio/Video Equipment and HDTVs.


3.0 FINANCIAL ANALYSIS
In this posting, I am going to do some "number-crunching" based upon the amount of money that you will save off of your electric bill.

In this "number-crunching", I will make some assumptions and I will come up with an estimate as to how much "financial benefit" the Steady Power/EcoPower 4 product will provide its owner (from an "electric bill" reduction standpoint).

However, the other "benefits" that Steady Power/EcoPower 4 provides to you, are also financial as well.

I am not going to include these "other" financial benefits in the calculation because I just don't know how to assign a dollar-figure to these benefits.

I will briefly list and discuss these "non-quantifiable" benefits below.


3.1 FINANCIAL BENEFITS THAT I CANNOT ASSIGN A DOLLAR-FIGURE TO:

A. Protecting Your Electronics from Damage due to Electrical Surge or Spike Events
There is monetary value in protecting your electronics from damage due to electrical surges and spike events.

If you don't believe me, then I suggest you speak with someone that has lost much of their electronics (during a lightning storm).

In many cases, they will tell you that they had to spend a great deal of money to replace their electronics.

B. The 10-Year Guarantee/$25,000 Damaged Electronics Reimbursement Warranty
There is monetary value in the 10 Year Guarantee/$25,000 Damaged Electronics Reimbursement Warranty".

In most cases, you would need to purchase some kind of insurance (and continue to pay insurance premiums - over time) in order to have and maintain this type of protection for your investment in your electronics.

This "insurance coverage" (if you will) automatically comes with the purchase and installation of this product - and you don't need to keep paying us any premiums in order to maintain your "coverage".

C. Extending the Operating Life of Your Electronics
Finally, there is monetary value in extending the operating life of your electronic.

Through this benefit (of owning the Steady Power/EcoPower 4 Product) you will be able to own and use your electronics/electrical appliances longer, without having to bear the expense of repairing or replacing them so soon or often.

All of these benefits have "monetary value".

However, because I do not know how to assign a "dollar figure" to them, I will not include them in the numbers below.


3.2 OUR SCENARIO FOR A TYPICAL CUSTOMER
In this section, we are going to compute the total amount of savings (and "return on investment") that you will obtain (from your lowered reduced electrical bills) by purchasing and installing the Steady Power/EcoPower 4 Product into your home.

In these calculations we are going to make the following assumptions.

That you have an average monthly electric bill of $150.00

That you purchased the Steady Power/Ecopower 4 during a time that I was running a special discount of 15%

That your electrical contractor charged you $150.00 for the installation of this product into your home
NOTE: This is comparable to what you will typically charged for this service.

That you took advantage of the 30% Federal Energy Tax Credits (on both the Purchase and the Installation of this Product into your home).

That the Steady Power/EcoPower Product lowered your electrical bill by 8%
Most of my customers save between 8 and 15%. We will use the low-end of this range for these calculations.

3.1 YOUR INVESTMENT IN THE PURCHASE AND INSTALLATION OF STEADY POWER/ECOPOWER 4 INTO YOUR HOME
In this section, we are going to compute the amount that it cost for you to (1) purchase the Steady Power/EcoPower 4 System and have it installed into your home.

So under the conditions/assumptions that we've made, your total investment to purchase and install the Steady Power/EcoPower 4 product into your home is $470.72.


3.2 YOUR RETURN ON INVESTMENT (ROI)
In the preceeding section, we listed out the costs of purchasing and installing the Steady Power/EcoPower 4 system into your home.

Now, see what this product GIVES BACK to you.




NOTES: These numbers do NOT include the financial benefits of having a system that protects your electronics from damage (due to electric surge/spike events), having the 10 Year/$25,000 Damaged Electronics Reimbursement Warranty; and having a product that extends the operating life-time of your electronics and appliances.


4.0 CONCLUSIONS
The analysis above indicates the following things.

That (under the assumptions, presented above), your Annual ROI for purchasing and installing the Steady Power/EcoPower 4 system is 30.5%

This ROI number would be higher if your savings were greater than 8% (which most of my customers have seen) and/or if your electric bill is greater than $150.00

During the "10 Year Guarantee Period", you will have saved enough money off of your electric bill to have purchased a total of 3 of these Steady Power/EcoPower 4 Systems.

Stated differently, if you do NOT purchase and install the Steady Power/EcoPower 4 system into your home, you with have "generously donated" enough extra money to your Electric Company (in the form of higher electric bills) to have purchased three (3) of these Units.

THIS LEADS ME TO THE FOLLOWING QUESTION:
You can "pay" to purchase and install a "Steady Power/EcoPower 4" system into your home ONCE; or you can just "pay for it" THREE (3) times.

Which would you rather do?

ANSWERS TO THE FREQUENTLY ASKED QUESTIONS
At the beginning of this blog post, I listed out some frequently asked financial questions.

In this section, I intend to answer these questions below.

Q1: Does investing in the Steady Power/EcoPower 4 system make financial sense?
A1: I'll let you make the call.

However, I would like for you to tell me where you are going to find many investments that will give you an ROI of around 30%/year.

And, this "30%/year" number does not include all of the financial benefits that Steady Power/EcoPower 4 provides to you.

As I mentioned before, if you choose NOT to purchase this product, you will be "donating" enough money to your electric company (in the form of higher electric bills) to be able to purchase at least three (3) of these products.

Does "donating" that kind of money to your electric company make sense?

Q2: How much money will I save each year, by investing in the Steady Power/EcoPower 4 system?
A2: In the example (above), we took a household that has an average electric bill of $150/month.

Further we assumed that this household saved 8% off of their electric bill when they installed Steady Power/EcoPower 4 in their home.

In this case, this household saved $144.00 per year (off of their electric bill).

The amount of money that you save depends upon a variety of factors, such as.

What is your average monthly electric bill
What is your "current" average Power Factor (this will help to dictate the amount of savings - percentage-wise) that you would get from Steady Power/EcoPower 4.

Q3: How long before the "Steady Power/EcoPower 4" system pays for itself?
A3: Again, it all depends upon what going on in your home.

In the example, the amount required would be $470.73/144.00 = 3.2years.

After this time period, the Steady Power/EcoPower 4 unit would be "putting money in your pocket".

NOTE: Although we offer a 10 year guarantee on the product, these products are expected to function for about 20 years.

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