David Nettles
Meridian, MS (USA)
Role(s):
Founder/Owner/Principal
Hydro Power
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Startup
Location:
Meridian
Industry:
Energy
Year Founded:
2008
Number Employees:
1-10 people
Description:
Alternative fuel enhancers that can increase mpg to 100% at an affordable cost. Our objectives are to introduce the public and commercial sectors to the water to energy converters we have developed. These converters are easily installed to any gasoline car or truck and any diesel car or truck, including big rigs. Our systems do not negatively affect the cars current state emission standards. The benefits include improved mileage from 30% to 100%, improved performance, prevent smog, reduce carbon emissions, reduce engine temperature and create a calmer, quieter and much smoother engine. What sets our company apart from any of the other alternative fuels, mileage enhancers, fuel conversion kits, etc. is the cost to mileage return ratio and the simple installation. Starting at an upfront manufacturing cost of $65.00 to $200.00, we can resell to the public and commercial sectors for $299.00 to $599.00. We also have an opportunity to market an EPA approved additive, which goes in conjunction with our system or can be used alone. This additive alone can increase mileage to 50% and also coats the engine, which in turn runs the engine at lower temperatures, increases fuel economy and increases horsepower. This system will be privately labeled under the Hydro Power name and is currently being sold to several small truck fleets and a Jaguar dealership in California. Most customers will see a return on investment after the first month of vehicle usage, while other hybrid systems on the market may take a year or more to recoup the upfront costs, if they can ever recoup the cost of going green. Our systems can be installed anywhere a car is parked in under 1 hours time. Our systems also qualify for the alternative clean fuel tax credits and do not disqualify manufacture warranties. These tax credits range from a $20,000.00 credit over a 5 year period, with up to 40% deducted on the first year, to also on top of this a mileage deduction of up to 24 cents per mile for truckers.