Unless you have been living under a rock or have been out of reach of civilisation for the past year or so you must have heard about the latest alternative energy device that is taking the world by storm; the permanent magnet generator.
These devices are cheap and simple to build, the run for years without requiring power and generate clean, green and renewable electricity just like the better known wind turbines and solar panels. A typical permanent magnet generator is capable of providing as much as 50% of the average households electricity needs - build 2 and you could be self sufficient. With this in mind its easy to see how building one can save you a lot of money.
But, did you know that there are some very simple ways to make money with a permanent magnet generator as well as save it. I will outline 3 easy to implement ones here but there are many others.
1. Build Them And Sell Them. That's right. You've built one for yourself but why stop there. Build more for friends, relative and workmates. Or of you are really ambitious start up a small business building them for paying customers. With the huge potential savings they offer, people will pay a lot of money to have them built, and virtually no one is offering this service just now.
2. People Will Pay To Have Them Installed. Most people are very tech unsavvy. They don't like the thought of installing switches, wiring and technical looking bits of kit. The truth is its very simple to install a permanent magnet generator but because its seen as a complex device you can charge a good amount of money to do a professional installation.
3. They Need To Be Maintained. They actually require very little maintenance in reality but you can make good money by offering on-site maintenance to keep the power running day and night. Its easy to charge a premium for nights and weekend callout as well.
So there you are, some quick tips on how to turn your money saving permanent magnet generator into a money making machine.
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