EXECUTIVE SUMMARY
KAVAN GRAYBILL, CO-FOUNDER, HAS SUCCESSFULLY REGISTERED AND BEEN GRANTED, OR MADE THE FOLLOWING PATENT APPLICATIONS:
UNITED STATES PATENT NO. 9,617,990
UNITED STATES PATENT APPLICATION NO. 61/852,540
UNITED STATES PATENT APPLICATION NO. 14/208,299
UNITED STATES PATENT APPLICATION NO. 15/456,796
UNITED STATES PATENT APPLICATION NO. 15/482,873
INTERNATIONAL PATENT APPLICATION NO. PCT/US2014/025529
AUSTRALIAN PATENT APPLICATION NO. 2014235104
CANADIAN PATENT APPLICATION No. 2907142
EUROPEAN PATENT APPLICATION NO. 297652
PRODUCT INTRODUCTION.
THE SOLARJACK ON SITE STORAGE (OSS) SYSTEM IS COMPRISED OF A SOLAR PHOTOVOLTAIC SYSTEM, A VARIABLE SPEED DRIVE, AND A CAPACITOR BANK. IN THE INSTANCE OF AN OIL WELL THE SOLARJACK SYSTEM LOWERS A PUMPJACK’S ENERGY USAGE BY CAPTURING AND TEMPORARILY STORING THE ENERGY FROM THE SYSTEM’S SOLAR ARRAY ALONG WITH THE REGENERATIVE ENERGY FROM THE DOWN STROKE OF THE PUMPJACK (THROUGH THE CAPACITOR BANKS), AND USES THIS ENERGY TO HELP POWER THE UPSTROKE OF THE PUMPJACK. THE VARIABLE SPEED DRIVE (VSD) PROVIDES ADDITIONAL ENERGY SAVINGS BY MATCHING THE MOTOR/PUMP SPEED TO THE OIL WELL PRODUCTION RATE.
BY HARNESSING WHAT IS TYPICALLY CONSIDERED A WASTE PRODUCT (REGENERATIVE ENERGY), TEMPORARILY STORING IT IN A CAPACITOR BANK AND THEN RECYCLING IT BACK THROUGH THE VSD TO THE MOTOR, SOLARJACK ENABLES THE CLIENT TO DECREASE ITS DEPENDENCE ON THE POWER GRID AND SUBSTANTIALLY LOWER ITS ENERGY COSTS. IN A SIMILAR FASHION THE CAPACITOR STORAGE OF ENERGY IS APPLICABLE IN THE AGRICULTURAL SECTOR. WITHOUT THE SOLARJACK OSS SYSTEM IN PLACE, THIS ENERGY IS BURNED OFF AS HEAT OR REDISTRIBUTED BACK TO THE GRID.
THROUGH COMBINING THE ENERGY FROM THE RENEWABLE ENERGY SOURCE (SOLAR) WITH THE RECYCLED REGENERATED ENERGY CREATED BY THE PUMPJACK’S MOTOR, THE SOLARJACK OSS SYSTEM HELP ITS CLIENTS AVOID PRODUCING EXCESS HEAT, LOWERS THE OPERATOR’S CARBON FOOTPRINT, AND ELIMINATES THE NEED TO PURCHASE THE ADDITIONAL 25% - 50% OF THE ENERGY FROM THE GRID (OR FUEL TO POWER GENERATORS) REQUIRED TO OTHERWISE OPERATE THE PUMPJACK.
THE SOLARJACK OSS SYSTEM OFFERS THE ABILITY TO CAPTURE THE AVAILABLE RENEWABLE ENERGY CREDITS TO HELP OFFSET A PORTION OF THE CAPITAL EXPENSE.
IT HAS BEEN ESTIMATED BY THE U.S. ENERGY DEPARTMENT'S NATIONAL RENEWABLE ENERGY LABORATORY THAT RENEWABLE POWER COULD PROVIDE AS MUCH AS 80% OF THE NATION'S ELECTRICITY WITHIN THE NEXT 35+- YEARS.
MUCH OF THAT GROWTH COULD EASILY BE THROUGH SOLAR INSTALLATIONS AND ADVANCED ENERGY STORAGE SYSTEMS SUCH AS WHAT SJ EQUIPMENT IS PROVIDING AND WILL BE INCREASINGLY DOING.
THE TEXAS ELECTRIC RELIABILITY COUNCIL HAS DETERMINED THAT WITHIN THE NEXT 10 TO 15 YEARS SOLAR GENERATION ALONE COULD EASILY REACH 14,000 MEGAWATTS OF POWER, OR THE EQUILAVENT TO POWER 2.8+- MILLION HOMES, FARM AND RANCH FACILITIES.
THE PACE OF CHANGE IS ACCELERATING RAPIDLY. EACH FARM AND RANCH BUILDING WILL BECOME "SMART" TO OPTIMIZE ENERGY EFFICIENCY AND SAVINGS.
IT HAS ALSO BEEN CONSIDERED THAT RENEWABLE SOLAR SHARE OF THE ENERGY MIX WILL TRIPLE OVER THE NEXT 20 YEARS, BECOMING THE FASTEST GROWTH RATE THAN ANY FORM OF ENERGY EVER EXPERIENCED.
CREATION OF SJ EQUIPMENT
THE CREATION OF SJ EQUIPMENT CAPITAL SOURCE HAS COME ABOUT BY COMBINING THE STRATEGIC CAPABILITIES OF SJ EQUIPMENT CAPITAL SOURCE AND NORTH CREEK ENERGY THROUGH ITS WHOLLY OWNED SUBSIDIARY, SOLARJACK ENERGY MANAGEMENT SYSTEMS.
THIS COMBINATION OF EXPERTISE, CREATIVITY AND KNOWLEDGE, COVERING SEVERAL DECADES AND ABOUT 75 YEARS OF RURAL INDUSTRY EXPERIENCE, WITH THE REALIZATION GENERAL NEGLECT TO ADDRESS BOTH ITS ENERGY AND FINANCING NEEDS, FORESAW THE OVERALL NEED.
ESTABLISHING THE MANUFACTURING FACILITY TO PRODUCE THE SOLAR ENERGY SYSTEM UNITS WITH MARKETING AND INSTALLATION CAPABILITIES, DURING AN ECONOMIC DOWNTURN, ALTHOUGH IMPROVING, HAS SUBSEQUENTLY LED TO DEVISING A METHOD OF FINANCING AND FUNDING FOR THE FARMERS, RANCHERS AND INDEPENDENT OPERATORS.
THUS, THE INNOVATIVE BEGINNING OF SJ EQUIP.
PAYMENTS COVERED BY REALIZED ENERGY SAVINGS
THE VARIOUS OPTIONS PROVIDED BY SJ EQUIP ARE STRUCTURED SO ENERGY SAVINGS WILL BE REALIZED IN UTIZILING THE SOLAR UNITS INSTALLED WHICH IN MANY INSTANCES WILL COVER THE MONTHLY PAYMENTS UNDER A LEASING PROGRAM VERSUS THE COST OF THE PREVIOUS IMPORTED ENERGY.
WHILE INSTALLATION OF THE SOLAR UNITS CARRIES WITH IT A 30% TAX CREDIT, SJ EQUIP'S BUSINESS MODEL DOES NOT TAKE ANY PERCENTAGE OF TAX CREDITS INTO ACCOUNT FOR ITS REVENUE DETERMINATION.
FINANCING FOR AUTOMATION TECHNOLOGY
LEASING, FINANCING AND RENTAL OPTIONS SPECIFICALLY FOR THE PATENTED AND PENDING SOLARJACK ENERGY MANAGEMENT SYSTEM IS A SIGNIFICANT PART OF THE SJ EQUIPMENT CAPITAL SOURCE BUSINESS MODEL.
THE SJ EQUIP PROGRAMS GIVE ITS CLIENTS THE ABILITY TO IMPLEMENT THE LATEST MAINTENANCE AND ENERGY SAVING AUTOMATION EQUIPMENT.
TECHNOLOGY ASPECTS
IN ADDITION TO THE PATENTED AND PENDING PROCESSES CURRENTLY BEING UTILIZED WHEREBY THE SOLAR SYSTEM UNITS STORE THE PRODUCED ENERGY VIA CAPACITORS (D.C. REGEN DRIVE) VERSUS BATTERY (A.C. REGEN DRIVE) BACKUP , SJ EQUIP AND SOLARJACK ELECTRICAL ENGINEERS ARE CONSTANTLY RESEARCHING NEW ANALYTICS.
PLANNING INCLUDES DOING SOME HIGH-RESOLUTION ENVIRONMENTAL SENSING TO MONITOR BOTH GAS AND POLLUTANT QUALITY (IN THE CASE OF OIL WELLS) IN THE GENERAL VICINITY OF THE INSTALLED SYSTEMS.
WHILE IT IS A GRADUAL PROCESS TO GO FROM A TERABYTES PER SECOND OVER A VERY SHORT PERIOD, OUR RESEARCHERS ARE DETERMINING TO MAKE IT MORE AND MORE PRACTICAL, FURTHER REDUCING COST AND SAVING CLIENTS GREATER AMOUNTS OF MONEY.
