I’m Done With Utility Bills: Tell Me About Renewable Energy

by Guest Author on October 24, 2013

Depending on how often you use energy in your home and where you live, utility bills can end up running you high and dry. The majority of energy in our country is derived from fossil fuels such as oil, coal and gas. There is a very good chance that your home or apartment is currently being powered by one of these fossil fuels at this moment and that you are paying bills in order to keep them going. If you are concerned about just how much they are actually costing you, perhaps learning a bit more about renewable energy and alleviating some of your utility bills is for you.

I’m Done With Utility Bills: Tell Me About Renewable Energy

Fossil Fuels: Why is this a problem? Well, fossil fuels pollute the air and are contributing to global warming. Fossil fuels are also nonrenewable and may be depleting within the world. So what are your options?

Option 1: Looking Towards the Future

The first option is that you can call your utility company as soon as possible to see what options are available to you at this moment in time. Unfortunately, you are dependent on whatever energy sources your local utilities providers give. Fortunately, the options are quickly expanding and growing to be more energy-efficient and environmentally friendly. If there aren’t any energy-efficient options available to you, you can ask to pay a small amount towards your energy bill that would support renewable energy development. In short, this would be an investment on your behalf supporting the availability of these energy sources in the near future.

Option 2: Switch to Renewable Energy

The second option is far more aggressive of an approach towards switching to renewable energy. This option entails installing solar panels on your home in order to lower your dependence on utilities companies. While you’ll end up saving a lot of money in the long run, expect to invest in the equipment that will allow this to be possible. If the upfront cost is still a concern to you, you may be pleased to know that you can often find tax incentives that will lower the initial cost by as much as two-thirds. Plus, your energy will be free after installation. When you take all of this into account, renewable energy financing doesn’t seem like such a big investment anymore, right?

Financing this dream is similar to paying a mortgage versus renting. Paying utilities each month is virtually the same as paying rent each month because you are making payments to someone else. However, if you were to install solar panels, you would be investing in your own self worth as you would if you were making monthly mortgage payments. Therefore, installing renewable energy is an investment that will save you money in the long haul and will increase your home’s value. Another way you can decrease your utilities bills is to go solar-powered for your hot water needs. Solar thermal hot water systems also qualify for tax credits.

If you’re having any doubts at all, just remember that by switching to renewable energy sources, you’ll be saving both money and the environment at the same time. Once you take the first step, you’ll be wondering why you didn’t do it sooner.

Adrienne is a freelance writer and blogger who has always been interested in interior design and homeownership and now has an opportunity to write about it full time.

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