Consumer United Advocate

Consumer United, 181 South St. Boston, MA · 617-482-4700 ·  www.consumerunited.com

In This Issue
Do-It-Yourself Don'ts
Leasing Solar Panels
Health Care Reform
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When Do-It-Yourself Projects Go Awry
Do It YourselfAs consumers look to cut unnecessary expenses out of their budgets, the number of do-it-yourself home improvements seem to be on the rise. Both Home Depot and Lowe's, two of the nation's largest home supply retailers, reported better than expected quarterly earnings. According to the U.S. Consumer Product Safety Commission's National Electronic Injury Surveillance System, or NEISS, more than four million injuries related to home improvement projects result in emergency room visits each year. That number could be on the rise with more people unfamiliar with repair work attempting do-it-yourself projects. Click here for more information.
Leasing Solar Panels To Heat Your House?
Solar Panels Want to incorporate solar technology to heat your home, but can't afford the steep investments costs? You're in luck. Let the solar panel company finance it for you. Installing solar panels is a smart, not to mention, eco-friendly way to heat your home. However, buying them may be too pricey for the average consumer. They cost roughly $25,000 ... and that includes a potential 30-percent tax credit. For a few years now, companies have been leasing solar panels to homeowners. The consumer pays a $1000 deposit, and then follows through with a monthly fee. The lease for the solar panels lasts 18 years. Read more here.
Debate Over Health Care Reform Heats Up
Health CareAs President Barack Obama calls for an overhaul of the current health care systems, big health insurers are upping their lobbying money in opposition. According to a report filed last month, the five largest insurers and an association of approximately 1,300 insurers under "America's Health Insurance Plans" spent more than $6.4 million on first quarter lobbying. Robert Zirkelbach, a spokesman for the group, claims the 12-percent increase from last year is simply the group "putting all our resources behind building support of comprehensive health care reform." Obama's proposal aims to expand health care coverage in the form of government provided plans similar to Medicare, especially for children, low income citizens and the unemployed. Click here for the lowdown.
Battery Makers Charge Into Vehicle Market
Electric Car Ever since gas prices shot up last summer, the demand for electric vehicles began to soar ... and laptop battery manufacturers want a piece of the action. A123Systems, a lithium-ion battery startup, and Johnson-Controls Saft, a lithium-ion joint venture between Milwaukee automotive-component supplier Johnson Controls and French battery maker Saft to name a few. Both have received state funding and have announced plans to build factories in Michigan. Boston Power, a Massachusetts based company, is currently working on an electric vehicle battery named Swing. The battery has received $9 million in state funding, and is waiting on $100 million in federal grants from the US Department of Energy. Read more here.
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