Ok. I don’t actually know if those awkward little hex wrenches will be needed to install these panels on your home.
IKEA will soon begin offering solar panels at stores in Great Britain as a test market to see if this program can be expanded worldwide. Great Britain was selected as it offers a good balance of energy pricing and state programs designed to offer consumers incentives when investing in solar.
Manufactured by the Chinese company Hanergy, the panels being offered will cost around $9200 for a 3.36 Kilowatt system, and IKEA estimates that it should take around seven years to pay them off. During that time, consumers should enjoy reduced energy pricing. In select markets, where IKEA can offer those services, any excess energy created might be able to feed back into the local energy grid. Depending on market pricing (which I’m sure will drop quickly if many people start producing excess power) you could even turn a profit faster than seven years.
While other big box consumer home improvement companies have offered panels before, IKEA looks to be taking a slightly more proactive approach to aiding consumers in the consultation and installation of their products. That, and you can get some delicious meatballs while shopping for those panels. Lowes and Home Depot should really look at partnering up with some gourmet food trucks…
Enobong Etteh from Boored At Work joins me to talk about the Apple September 2013 Keynote which introduced the new iPhone 5S and iPhone 5C and iTunes Radio. We’ll also take a stab as to why the stock market wasn’t very excited by the news, with Apple stock falling 12 points after the unveiling.
Boored At Work on Youtube: http://www.youtube.com/user/booredatwork/
Damn stock market. I haven’t even finished writing up what was announced at the Apple event today, and you guys already jumped into some trading.
It would seem investors weren’t impressed by the new offerings on display from Cupertino. Following the unveiling of the worst kept secrets in tech, Apple’s stock is currently down 12 points, trading at around 494 a share. Not a great position for this company to be in as the last several product announcements from Apple have been viewed with some cynicism. Apparently a revised iPhone 5 and a new plastic mid-range iPhone wasn’t what the market was hoping for to drum up some excitement.
From a business perspective I’m a little surprised that adding China to the list of countries receiving the iPhone at launch wasn’t met with more celebration. China will be a huge potential market for Apple, and those people concerned with the profitability of iOS should be optimistic that we’ll see increased revenue from these Asian markets.