Week 7: Progress

I believe this week, I personally saw growth in terms of my initiatives. After contacting and interviewing professors to learn more about the technology, I was able to gain clarity on the overall directionality of our business model. Meeting up with the professor, however, became a struggle as they were not available during their office hours. After following up with the professor,  we decided it might be more efficient to email our questions and they will get back to us. Emailing the professor turned out to be helpful. The key takeaways from the professor's email was that there no similar system in the market that saves water,  recycles water, and generates energy at the same time. The best way to approach the pricing is to figure out the costs of these 3 individually and figure out how much an individual is ultimately saving. The panel uses solar photovoltaic technology and knowing that, we can determine the average cost of a solar panel for comparisons. Overall, this week helped us better formulate the way we plan on pricing the unit.