From: Bruce J. Sottolano, 215-249-9239                               ssenergysystems.com
                                                                                                  whome?@ssenergysystems.com

 P.O. Box 51, Blooming Glen, PA  18911

To:  Ecology concerned individuals:
IF YOU HAVE $150,000 OR MORE, CONTACT ME ABOUT A GAME CHANGER INVENTION!
If you want to help but only have minimal funds, like me, (this is funded by my social security pension, I am in my mid-seventies)
Send $1 to either address.

Energy Angels

An energy Angel is someone who personally sponsors an energy project such as a conversion of a gas engine to electric.  Please note that many projects are smaller than those listed here.  Lawn mowers and other small engines can be converted at a much lower cost, i.e. microloans.

an Angel sets up an “EnergyLine of Credit”© (similar to an equity line of credit).  However, it is a person to person agreement.  The Angel establishes a money account and an agreement to fund a conversion.  The recipients could be a relative, neighbor or any other person.  The agreement may or may not include repayment or the payment of interest.  For example a parent may set up an account for a son or daughter.  If I had the money I would set up an account for my sons with no repayment and no interest.  If I really had money (or all my bills paid) I would do the same for their mother (my ex-wife).

1. The principle to be secured by the energy parts and equipment plus appropriate insurance.

2. The parts list invoice to determine the value of parts and equipment. (click for sample)

3. Payments will be applied first to the non-tangible costs such as shipping, installation, fees, etc.

4. The interest rate to be at 5%.

5. The line of energy line of credit to be $15,000 for vehicles.

6. The limit for houses to be $50,000.

7. The payments will be based on a 5 year vehicle and 15 year home payback.

The product is envisioned as similar to a “New Construction Loan”  That is, the disbursements to be made directly to the vendors at specific stages.  

The first disbursement shall be on presentation of:

 a) an acceptable plan secured at the expense of the applicant and

 b) a comprehensive parts and equipment list and (click for sample)

 c) a vendor’s invoice.

Subsequent disbursements based on the vendor’sQuote< invoices and verification of work completed as applicable.

Payments may be made as early as 30 days after the first disbursement but no later than 30 days after the final disbursement.

The account is further envisioned as placing 0 (Zero) financial load on the recipient because any payments replace or offset fuel and other expenses.  

For example with a vehicle, the average fuel expense is $300 to $370 per month.  Oil changes, emission inspection and costly engine, exhaust and cooling repairs are also eliminated.  These savings could total over $400 per month thus making the payments a zero financial load.

Respectfully submitted;

Monday, June 20, 2011

Bruce J. Sottolano