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Summary: Green energy stores are outlets for consumers to purchase green energy products, and this includes online stores. Learn about the benefits of online green energy stores with information from the executive director of the Institute for Sustainable Practice in this free video on green energy.
G. Dodd Galbreath is the founding executive director of Lipscomb University’s Institute for Sustainable Practice and Tennessee’s first academic program to offer an M.B.A., graduate...read more
"Green energy stores are basically outlets for consumers to purchase green energy products. You might even consider any retail outlet or wholesale outlet that provides green energy products as a green energy store. For example Home Depot and Walmart sell various types of green energy devices that, that help to reduce energy demand in a home; that actually collect energy from the sun; for example, exterior landscape blotting sold by Home that has a solar cell on the top of the cap of, of the landscape light fixture that, that moves electricity from the solar cell into a battery that then allows LED lights to light landscaping at night so that no wiring and no electricity has to be used for landscape blotting. There are variety of other retail outlets that are beginning to, to emerge on the scene about green retail entrepreneurs. So if you check in your community or yellow pages or on the Internet, you can often find stores that specialize in in not just green energy products but green products in general so that you can invest with your dollars and vote with your interest to ensure that products that make our planet healthier and a, and a more process, prosperous place to live have the capacity to make a profit and provide jobs and and create value in our communities. The advantage of online stores versus retail stores is sense related; you're given a quicker access to newer technology than often local community-based retail stores can provide. For example, if if you're looking for a, a package solar panel units for your home where you can purchase all of the materials that you need to collect sunlight and convert that into electricity for your house, that's not going to be available first in a retail store until someone has begun to market it and some other way like on the Internet or in places where the pool of consumers is much bigger and the risk is lower for a business to turn profit and and allow this product to continue to be sold. In some cases, however you introduce a, a retail buyers who have identified a product before it gets on the Internet and before it gets into the market place who decide that they want to specialize in that product; much the way AT & T did with the iPhone. They approached the inventor and the designers directly; they came over the contractual basis to be the only seller of that product and they basically own the rights or they offers that product through all of their retail outlets. So that same type of fundamental business dynamic is moving its way into the renewable and green energy sector and it is, it is just as likely to occur there as it is for any other product. So every consumer has the opportunity to encourage and hasten green energy technology adoption by investing it as a consumer and an investor at the earliest chance that that they can so that these products can be made available to a larger groups of consumers."