NovAccess Global Inc (XSNX)

[SolarGuy1977]

Funny, but that's not my understanding of "zero cost." Zero cost means no up-front costs to the customer. This is done by leasing the system to the customer for a fixed monthly payment (or alternatively, selling the electricity made by the system back to the customer at a rate that changes over time). The customer does not own the system, but rather investors do. The investors are paid back with a combination of tax credits, carbon credits (SRECs), and usually some portion of the revenue stream garnered by the selling of energy. When financed in this fashion the customer relinquishes all rights to the "green" nature of the system.....no claims such as "sustainable" "renewable", "carbon neutral", etc. can be made by the owners of the property where the PV system is located.....all they get is (usually) a slightly lower electric bill (but not always) and the good feelings that they have done the right thing for the world. From my perspective they have tied up roof or ground space for 25 (or more) years which they may wish they had available when the cost of electricity "necessarily skyrockets" (to quote President Obama). Leasing is a good deal for the investors, manufactures, distributors, and integrators, but the customer gains very little for giving up so much space. This is XsunX's business model.