The Energy Information Administration reports that the growth of electric generating capacity is expected to decline after 2012 and remain below 7 gigawatts per year until 2025. A construction boom in the early 2000s saw capacity additions averaging 35 gigawatts per year, much higher than had been seen before. More recently, average annual builds have dropped to around 16 gigawatts per year creating a significant shortfall looking forward. Growth of consumption is expected to far exceed the growth of capacity resulting in the need to accommodate the demand. Clean Enviro Tech realizes growth in consumer acceptance of all electric cars will place an increased burden on the US and other countries' Electric Grids. At the same time growth of electrical power capacity is expected to decline. Clean Enviro Tech is geared to respond to this need with the development and potential sales of our proprietary Residential Stand-Alone, Solar concentrating, electric generation system.
Electric consumption in the United States is increasing at a rate that will outpace the anticipated expansion of the US Electric Grid's capacity and Clean Enviro Tech is poised for expansion into the Residential Electric Power Generation market to allow end users to generate and return 30-40% of their electric usage back to the grid using "Net-Metering" and the Clean Enviro Tech System. Clean Enviro Tech is moving to meet this demand by lowering grid consumption of the users of the Residential Solar Generation System. This will augment the Electric Grid by producing and sending electricity from the residential users' surplus into the grid, thereby causing the users' electric meters to run backwards, reducing their electric bills, and more importantly adding needed power to a stressed grid.
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