|Dear Sir or Madam:
Thank you for your interest in Environmental
Solar Design, Inc.(ESDI). The purpose
Incorporated in l979 during the height of the energy crisis, Environmental
Solar got its real start
example, apartment and nursing home owners in the Southern California
nGas Company service area qualified for cash rebates of $288 per unit, plus
n55% in state and federal tax credits. In some instances, commercial solar
nthermal investments made money before the systems were even activated.
nIn most cases, incentives paid over 75% of the initial system cost. These
nwere the solar boom days. Solar was a low risk investment. It was a gusher.
|But as gas lines shortened and panic
subsided over the next
few years, the rush to renewables began to slow. By the mid-80's, fossil fuel prices had dropped from their highs by almost 70%, while most energy tax and utility incentives had expired. By l988, most solar companies had gone out of business and those that had survived did so in a political and social environment complacent about fuel costs. The first SUV's had emerged. The solar meltdown had begun.
Over the next 15 years, Environmental
Solar (ESDI) survived by relying on the products and services that worked
well in the past. We focused on our core strengths and values. On the fundamentals,
the basics, the "no-brainers". On those elements of
Proudly, we did a significant share of repeat business with property owners, architects, and management companies who experienced real savings from their solar/gas conversion.
We also moved heavily into the service
business, adopting the
The next few pages will provide you with a glimpse into the world of Environmental Solar Design, Inc. - "a company that makes the environment work for you." In the past, our clients' requests and suggestions have been an invaluable source for innovation and improvement. In this spirit, we await your comments and questions. As we have for over 20 years, we look forward to working with you in pursuit of energy savings.
President and General Manager
Environmental Solar Design, Inc.
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