XenaLives
2 days ago
So a few days ago BONAR posts this article about $450 million in heat pump funding..
https://www.wliw.org/radio/news/new-england-states-win-450-million-to-launch-heat-pump-adoption-program/
But if you bother to read the article it shows how the majors will leave DFCO in the DUST....
Installing heat pumps, which use electricity to heat and cool air, is a key part of Massachusetts’ plan to get homes off of fossil fuels. (Miriam Wasser/WBUR)
Massachusetts and four other New England states received a $450 million federal grant Monday to “supercharge” efforts to get residents to ditch natural gas or oil heating systems and install electric heat pumps.
To date, the five states have tried on their own to get residents to make the switch. But the grant will allow them to coordinate their efforts, using a new regional program: The New England Heat Pump Accelerator.
The program aims to do three things:
-- Boost the local heat pump market by incentivizing heat pump manufacturers and distributors to increase inventory and lower prices
-- Make it easier for low- and moderate-income households to install heat pumps
-- Establish a central “resource hub” to share data and best practices around heat pump adoption, workforce training and other market metrics they’re tracking
“Through the Accelerator, we’ll be able to deliver affordable and cutting-edge heating and cooling technologies to families and businesses across New England,” Massachusetts Gov. Maura Healey said in a statement. “This is an opportunity to lower costs, increase comfort, and drive down emissions.”
Buildings in Massachusetts account for about 35% of the state’s annual emissions, making them the second-biggest source of greenhouse gas pollution after the transportation sector. The state’s climate plan calls for electrifying 26% of households by 2025 and 38% by 2030, which requires installing 100,000 heat pumps by 2025 and 500,000 by 2030. A report released late last year found Massachusetts is on track to meet the 2025 goal, but will need to significantly ramp up heat pump adoption to meet those end-of-decade numbers.
If the new program is successful, it will “permanently shift the market from fossil fuel equipment to heat pumps,” according to a program summary. More specifically, the states aim for heat pumps to make up at least 65% of all residential HVAC and hot water heating system sales by 2030 — and a whopping 90% of all sales by 2040. These targets are in line with a heat pump pledge Massachusetts and several other states made earlier this year.
Heat pumps use electricity to provide climate-friendly heating and cooling — think of them like an air conditioning unit that can also work in reverse. They’ve been around for a long time, but more recently, the development of systems that work well in cold climates has made it possible for New Englanders to use them.
Though the cold climate heat pump technology is out there, it’s not always easy or affordable for people to buy them or to find contractors to install the equipment. Plus, according to the program summary, many existing HVAC contractors are unaware of the latest technology and still tell customers that heat pumps don’t work well in the winter.
Enter the New England Heat Pump Accelerator. With the influx of federal funding, the program aims to solve many of the issues on the supply side. In addition to training and recruiting new HVAC contractors, the states hope to spur the local heat pump market by offering so-called “midstream incentives” to wholesale distributors.
The plan offers financial incentives to the five big wholesale distributors to both stock more product and sell heat pumps to contractors at lower prices. These cost savings will hopefully get passed down to residents, but at the very least should make contractors more likely to suggest their customers install an electric heat pump or hot water heater.
Residents can still get rebates from state energy efficiency programs like Mass Save and Efficiency Maine.
The program also has a strong equity component to help ensure that low- and moderate-income residents can afford to make the switch to heat pumps. As required by the federal government’s Justice40 initiative, at least 40% of the grant money will be used in disadvantaged communities. Some of it will be for workforce training and community-based heat pump adoption programs, and some of it will go to large multi-year pilot projects designed to address unique problems with scalable solutions —like getting heat pumps into multi-family buildings or mobile homes.
The grant also includes money to set up a “resource hub” to aggregate data, track progress and provide educational resources for contractors and consumers.
Funding for the program comes from the U.S. Environmental Protection Agency’s $4.3 billion Climate Pollution Reduction Grants, which is part of the larger Inflation Reduction Act.
The New England Heat Pump Accelerator was the only grant given to New England states and represents the second largest grant in the program.
On a recent call with reporters, White House officials said the money would be distributed this fall.
This article was originally published on WBUR.org.
XenaLives
2 weeks ago
Typical BONAR B.S.....
Our heat pump is the only heat pump that I'm aware of that does simultaneous heating and cooling. Therefore, it's an ideal target for us to go there and concentrate on the demand coming out of New York. If we only get 1% of those 60,000 gas boilers, it represents approximately $60 million in revenue for Dalrada over the next 18 months-and I would hope we'd get at least 1%."
There isn't a bloody thing about the DFCO heat pump that is unque. That is why they don't have any patents.
Heat Pump Buying Guide
By Consumer Reports
Updated January 24, 2024
A heat pump heats and cools your home, functioning like a combined furnace and central air conditioner. Because they absorb and move ambient heat rather than burning fuel (or using energy-hungry electric resistance) to generate it, heat pumps are exceptionally energy-efficient and environmentally friendly compared with other home climate-control systems. They’re powered by electricity and relatively easy to install in many homes, and they may save you money compared with other heating, ventilating, and air-conditioning systems depending on where you live and other factors, such as the cost of electricity.
A heat pump won’t be the perfect system for every home, but the technology is worth considering anytime you need to replace or upgrade part of your HVAC system.
Federal tax subsidies also make this form of heating and cooling more affordable than ever. Homeowners can get a tax credit worth 30 percent of the cost to buy and install qualifying heat pumps, up to $2,000 a year. That tax credit also applies to modifications needed to support the heat pump, like upgrading an electrical system. Unlike tax deductions, tax credits can be used by people who don’t itemize.
This guide will help you find the right heat pump for your home, whether it’s a ducted system or a mini-split, and whether you’re looking to replace or supplement a traditional heating and cooling system or simply want to upgrade to a newer, more efficient heat pump. We’ll describe the features to look for and share tips on how to find a qualified installer. Plus, we offer advice on how to make the most of your heat pump once it’s installed.
Consumer Reports members can also view our heat pump ratings for the most reliable brands of ducted heat pumps and the brands with the highest owner satisfaction. Our ratings include 24 brands and are based on data from our member surveys covering more than 13,500 heat pumps in real-world use, installed between 2005 and 2021. We don’t test or recommend specific heat pump models because the systems are highly customized to individual houses and climates.
How Does a Heat Pump Work?
The most common type of heat pump, called an air-source heat pump, works by absorbing heat from the air and moving it either from outdoors to indoors (in heating mode) or vice versa (in cooling mode). It’s the same way an air conditioner works, and in cooling mode, air-source heat pumps work identically to ACs. The two types of appliances look similar, are generally manufactured by the same companies, and use almost all the same parts. Heat pumps just have a few small differences that allow them to move heat in two directions, in and out.
Until relatively recently, air-source heat pumps were predominantly used only in the southern U.S., where they’re a natural fit for hot summers and mild winters. But the technology has improved, making air-source heat pumps a practical choice almost anywhere in the country, even in places with cold winters. As counterintuitive as it seems, there’s always some free heat energy in the air, even on frigid winter days. Today’s cold-climate heat pumps can efficiently collect that free heat and move it into your home.
Heat pumps offer a lower-carbon way to heat your home than other options, even if they run on electricity that’s mostly generated by fossil fuels. When they’re powered by renewable energy, whether that’s rooftop or community solar or a cleaner grid, they become even more sustainable. Because of their energy savings and environmental benefits, some states and utility companies offer rebates or other incentives to homeowners who install heat pumps.
You can use a heat pump as the sole heating and cooling appliance in your home or combine a heat pump with an existing heating system. Many homes with existing ductwork for forced-air HVAC systems can be adapted to heat pumps. Ductless heat pump systems, called mini-splits, can provide heating and cooling in a home without ducts or add climate control to rooms that the main system doesn’t reach.
Living with a heat pump is a bit different from using a traditional heating system. A modern heat pump is most efficient when your thermostat is set at a constant temperature. It actually saves energy if you don’t turn it down overnight. They also blow cooler air than furnaces and run almost constantly at a low level rather than blasting heat for short periods throughout the day. Good insulation and air sealing of your home and duct system are important regardless of how you heat your home, but they’re even more beneficial with heat pumps.
more...
https://www.consumerreports.org/appliances/heat-pumps/buying-guide/
Action Jaxon
2 weeks ago
When asked about his recent trip to New York, Bonar mentioned specific legislation that aims to reduce greenhouse gas emissions in new and existing buildings, stating, "Local Law 97 imposes significant fines for the installation and continued use of gas boilers. In the New York metro area-just the metro area, not New York State-the metro area uses approximately 60,000 gas boiler installations a year. They've all got to be converted away from gas to an alternative solution, mainly electricity. Our heat pump is the only heat pump that I'm aware of that does simultaneous heating and cooling. Therefore, it's an ideal target for us to go there and concentrate on the demand coming out of New York. If we only get 1% of those 60,000 gas boilers, it represents approximately $60 million in revenue for Dalrada over the next 18 months-and I would hope we'd get at least 1%."
Later in the interview, Bonar had this to say about the government and private contract opportunities with the MBRT: "We'll continue to move forward on that front and I would anticipate we'll start seeing revenues from government opportunities sometime in the first calendar quarter of next year, which will add to what we are going to try and achieve in the final two calendar quarters of 2024."
XenaLives
2 weeks ago
Someone dumped a bunch of shares yesterday AM.....
time, last, bid, ask, volume
07/25/24 09:30:05 0.17 0.17 0.188 5,000
07/24/24 15:43:30 0.17 0.1576 0.188 27,644
07/24/24 15:43:15 0.17 0.17 0.188 5,000
07/24/24 15:42:49 0.1745 0.17 0.188 5,000
07/24/24 15:39:11 0.17 0.1575 0.188 5,000
07/24/24 15:39:00 0.1638 0.1575 0.17 500
07/24/24 15:21:45 0.16 0.157 0.16 3,750
07/24/24 15:21:26 0.16 0.156 0.16 100
07/24/24 15:21:26 0.162 0.156 0.17 9,000
07/24/24 15:21:21 0.162 0.162 0.17 7,500
07/24/24 14:33:17 0.162 0.156 0.17 12,000
07/24/24 14:32:45 0.164 0.162 0.17 5,000
07/24/24 12:45:06 0.1652 0.1625 0.17 96
07/24/24 12:07:10 0.1652 0.162 0.17 5,000
07/24/24 11:13:51 0.1595 0.156 0.17 79,950
07/24/24 11:13:47 0.1595 0.1595 0.17 10,050
07/24/24 09:57:25 0.1595 0.156 0.17 2,459
07/24/24 09:56:39 0.1595 0.1595 0.17 1,407
07/23/24 12:42:00 0.17 0.165 0.17 2,500
07/23/24 12:37:51 0.1663 0.1625 0.17 400
07/23/24 10:54:59 0.1664 0.1627 0.17 7,000
07/23/24 10:08:51 0.17 0.1627 0.17 4,506
07/23/24 09:50:43 0.17 0.1625 0.1797 5,850
07/23/24 09:37:50 0.17 0.17 0.1797 2,000
07/23/24 09:37:45 0.17 0.17 0.1797 2,500
07/23/24 09:37:45 0.17 0.1625 0.1797 5,000
07/22/24 15:01:08 0.1688 0.1625 0.175 350
07/22/24 14:10:15 0.17 0.165 0.175 100
07/22/24 13:55:41 0.1679 0.1607 0.175 500
07/22/24 13:55:24 0.1679 0.1607 0.175 500
07/22/24 13:45:43 0.1657 0.1607 0.175 1,100
07/22/24 13:30:04 0.1652 0.1625 0.175 10,100
07/22/24 13:18:49 0.175 0.1625 0.175 3,750
07/22/24 12:32:27 0.1789 0.1625 0.1877 1,000
07/22/24 12:22:39 0.1663 0.1625 0.17 2,500
07/22/24 11:34:49 0.1663 0.1625 0.17 500
07/22/24 11:21:28 0.1679 0.1625 0.1679 5,000
07/22/24 10:09:32 0.1652 0.1625 0.1679 9,500
07/22/24 10:09:26 0.1652 0.1625 0.1679 500
07/22/24 09:38:57 0.1657 0.1625 0.1679 10,000
07/22/24 09:30:02 0.1607 0.1607 0.1679 100
XenaLives
2 weeks ago
Why BONAR has a negative net worth...
FOR VALUE RECEIVED, DALRADA FINANCIAL CORPORATION, a Wyoming corporation (the "Company"), hereby promises to pay to the order of YA II PN, Ltd., or its registered assigns (the "Holder") the amount set out above as the Principal Amount (as reduced pursuant to the terms hereof pursuant to redemption, conversion or otherwise, the "Principal") when due, whether upon the Maturity Date (as defined below), acceleration, redemption or otherwise (in each case in accordance with the terms hereof) and to pay interest ("Interest") on any outstanding Principal at the applicable Interest Rate from the date set out above as the Debenture Issuance Date (the "Issuance Date") until the same becomes due and payable, whether upon the Maturity Date or acceleration, conversion, redemption or otherwise (in each case in accordance with the terms hereof). This Convertible Debenture (including all debentures issued in exchange, transfer or replacement hereof, this "Debenture") was originally issued pursuant to the Securities Purchase Agreement dated February 4, 2022, as amended (the “Securities Purchase Agreement”) between the Company and the Buyers listed on the Schedule of Buyers attached thereto. Certain capitalized terms used herein are defined in Section (14).
(1) GENERAL TERMS
(a) Maturity Date. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest, and any other amounts outstanding pursuant to the terms of this Debenture. The "Maturity Date" shall be May 4, 2023, as may be extended at the option of the Holder. Other than as specifically permitted by this Debenture, the Company may not prepay or redeem any portion of the outstanding Principal and accrued and unpaid Interest.
(b) Interest Rate and Payment of Interest. Interest shall accrue on the outstanding Principal balance hereof at an annual rate equal to 5% (“Interest Rate”), which Interest Rate shall increase to an annual rate of 15% for so long as any Event of Default remains uncured. Interest shall be calculated on the basis of a 365-day year and the actual number of days elapsed, to the extent permitted by applicable law.
(2) EVENTS OF DEFAULT.
(a) An “Event of Default”, wherever used herein, means any one of the following events (whatever the reason and whether it shall be voluntary or involuntary or effected by operation of law or pursuant to any judgment, decree or order of any court, or any order, rule or regulation of any administrative or governmental body):
https://www.sec.gov/Archives/edgar/data/725394/000168316822000757/dalrada_ex1003.htm
See also:
https://contracts.justia.com/companies/dalrada-financial-corp-10263/contract/220838/
I'm wondering if BONAR even has control of this hot mess any more.
XenaLives
3 weeks ago
LOL!!!! The Big Boys will wipe out DFCO with it's imported crap and no IP....
Then WHERE ARE THE PATENTS?
There aren't any of course...
There isn't a manufacturing facility either. They are probably importing them out of China...
These are manufactured in the U.S. :
Carrier Corporation
A US-based company that's a major player in the HVAC industry. Carrier recently launched a new series of high-temperature heat pumps.
Lennox International Inc.
Makes air conditioners, furnaces, air handlers, and other HVAC products. Most Lennox products are made in Marshalltown, Iowa.
Rheem Manufacturing Company
Manufactures in Fort Smith, Arkansas; Montgomery, Alabama; Oxnard, California; and Eagan, Minnesota. All manufacturing facilities are ISO 9001 certified.
Trane
Has manufacturing facilities that assemble heat pumps in Texas, New Jersey, Georgia, Arkansas, Florida, and Missouri.
XenaLives
3 weeks ago
Brian Bonar's Net Worth
Buy Compare Brokers
-$198 Million
Estimate Recalculated Jul 22, 2024 12:00PM EST
Who is Brian Bonar?
Brian Bonar does not have any significant net worth to report based on the numbers we have. This is based on reported shares across multiple companies, which include DALRADA FINANCIAL CORP, and Smart-tek Solutions Inc.
SEC CIK
Brian Bonar's CIK is 0001229069
Past Insider Trading and Trends
2021 was Brian Bonar's most active year for acquiring shares with 45 total transactions. Brian Bonar's most active month to acquire stocks was the month of January. 2004 was Brian Bonar's most active year for disposing of shares, totalling 1 transactions. Brian Bonar's most active month to dispose stocks was the month of November. 2012 saw Brian Bonar paying a total of $202,648,220.00 for 118,500 shares, this is the most they've acquired in one year. In 2004 Brian Bonar cashed out on 7,000,000 shares for a total of $70,000.00, their largest year based on trade value.
https://www.benzinga.com/sec/insider-trades/0001229069/brian-bonar
XenaLives
3 weeks ago
This is a penny pump and dump - nothing more....
Employment Agreement between the Company and the Chief Executive Officer (Filed With SEC on August 6, 2020)
Employee ESPP Plan (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Likido Limited (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Prakat Inc (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Shark Innovative Technologies Corp (Filed With SEC on August 6, 2020)
https://contracts.justia.com/companies/dalrada-financial-corp-10263
XenaLives
3 weeks ago
This is a penny pump and dump - nothing more....
Employment Agreement between the Company and the Chief Executive Officer (Filed With SEC on August 6, 2020)
Employee ESPP Plan (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Likido Limited (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Prakat Inc (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Shark Innovative Technologies Corp (Filed With SEC on August 6, 2020)
https://contracts.justia.com/companies/dalrada-financial-corp-10263
XenaLives
3 weeks ago
Filing all three pseudo "acquisitions" on the same day is the act of an irrational fool.
Employment Agreement between the Company and the Chief Executive Officer (Filed With SEC on August 6, 2020)
Employee ESPP Plan (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Likido Limited (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Prakat Inc (Filed With SEC on August 6, 2020)
Acquisition Agreement between the Company and Shark Innovative Technologies Corp (Filed With SEC on August 6, 2020)
https://contracts.justia.com/companies/dalrada-financial-corp-10263
.. and his name is BONAR.
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Mr.Nurse
2 days ago
