If you're interested in Renewable Energy you can find new articles about it a couple times a day @ http://twitter.com/StewHumphrey. Also, read my last two posts if you haven't already.
Hope this helps! Take a look!
Showing posts with label saving money. Show all posts
Showing posts with label saving money. Show all posts
Receive Tax Credits for Using Renewable Energy!
As promised, I have found a great site that provides details on both the Federal and State incentives and tax credits for using Renewable Energy in the United States. Okay, so I really promised to find an article about it, but this is even better!
The website is http://www.dsireusa.org/, so check it out.
Click on the logo below to learn about how to use renewable energy at your home:
If you haven't read the article below entitled Can Renewable Energy REALLY Earn Me a Check from the Power Company? you'll want to read it.
The rewards for using Renewable Energy really are too good to pass up. Between saving/earning money from your power company, getting money from the government, and feeling great about causing less polution, Renewable Energy is definitely the way to go!
Kermit the Frog was wrong about being green:
The website is http://www.dsireusa.org/, so check it out.
Click on the logo below to learn about how to use renewable energy at your home:
If you haven't read the article below entitled Can Renewable Energy REALLY Earn Me a Check from the Power Company? you'll want to read it.
The rewards for using Renewable Energy really are too good to pass up. Between saving/earning money from your power company, getting money from the government, and feeling great about causing less polution, Renewable Energy is definitely the way to go!
Kermit the Frog was wrong about being green:
Can Renewable Energy REALLY Earn Me a Check from the Power Company?
You’ve probably heard that if you have an efficient renewable energy system like the ones sold by Energy2Green you can actually receive checks from the power company every month. Ever wondered, like me, if that’s true, or at least how much you can really save with your own systems?
Well, here’s a bit of good news. If your renewable energy system generates more power than you use, it is true that the power company is required by law to buy that energy from you at the regular going rate! Okay, so IF you can produce more energy than your family uses in a month, then yes, you can be paid for it. But my parents raised seven kids…. There’s no way they could generate more power than their nine-member family used, right?
Wrong. If they had known how, bless them, my parents-of-seven could very well have done just that. Let’s use a more typical sized family in our example, though. The average household pays what… $600-$1,000 per year to the power company? For easy math we’ll say the Smiths pay $1,000 per year. Divide that by 12 months and they’ve got a bill of $83.33/month. Now let’s be conservative and say that instead of generating more power than they can use, the Smiths’ new system reduces their bill to $10 per month.
So figure this:
Well, here’s a bit of good news. If your renewable energy system generates more power than you use, it is true that the power company is required by law to buy that energy from you at the regular going rate! Okay, so IF you can produce more energy than your family uses in a month, then yes, you can be paid for it. But my parents raised seven kids…. There’s no way they could generate more power than their nine-member family used, right?
Wrong. If they had known how, bless them, my parents-of-seven could very well have done just that. Let’s use a more typical sized family in our example, though. The average household pays what… $600-$1,000 per year to the power company? For easy math we’ll say the Smiths pay $1,000 per year. Divide that by 12 months and they’ve got a bill of $83.33/month. Now let’s be conservative and say that instead of generating more power than they can use, the Smiths’ new system reduces their bill to $10 per month.
So figure this:
- -$83.33 x 12 months = -$999.96 annually
Compared to this:
- -$10 x 12 months = -$120 annually
Even if the power company isn’t sending the Smiths a monthly check, the family is still saving $879.96 per year! This is very doable and it obviously adds up. Now, then, the question becomes how long does the renewable energy system take to pay for itself?
That, of course, depends on the price of the system. A few years ago some of us got used to seeing solar panel systems that cost between $4k and $6k. We thought to ourselves, “How nice it would be to have that kind of money now in order to save around $900 every year to come.” That would be worth it, right? The reality was, we didn’t have that kind of money. Now, though, the technology has improved to the point where we can spend as little as $200 to build our own solar panel system, or sometimes less than $100 for a wind energy system. You can find any number of blueprints being sold for around $200-$600, but I’ve managed to find a place to buy plans for $49! IT’S EASY too!
The Energy2Green company projects an average “savings” of $220 per month! Now come on, we all know that when you’re saving that much on an $83.33 monthly bill, you’ve gone beyond saving and started earning. I know we all hate math, but sometimes it works in our favor, so let’s give it another try, adding in this company’s projections. Bear with me. As I said before, our earlier calculation was conservative.
- $220 (credit) - $83 (owed) = $137 per month!
- $137 x 12 months = $1,644 per year! CASH!
The system can pay for itself in less than two months! You can see why I included this as a way to conserve your earnings, but it obviously has the potential to go well beyond conserving. If you want a project for this Spring, this one could prove to be lucrative, and maybe fun too!
Okay, enough from me. Go to the Energy2Green site and have a look. I was impressed! Watch the short video to see the wind system in action.
Oh, I almost forgot to mention; two more things:
- Energy2Green offers a 100% money back guarantee!
- Did you notice while doing your taxes this year that you can qualify for a tax credit, on top of the savings and earnings, by using renewable energy? I’ll try and find a good article to post about that.
What This Site Is About
All of us, in some way, are tasting the affects of a sour economy and could benefit from some ideas of how to support ourselves and our families and defend ourselves against hard times. This site provides those ideas in a unique way that allows all of us the opportunity to give one another a hand up.
The nature of any economy is to reset itself from time to time; it’s healthy in the long run. Meanwhile, we have to live in it. So let’s help each other live comfortably in it. To quote from the theme song of a popular 80’s sitcom, “Life is more than mere survival; and we just might live the good life yet.”
I encourage anyone and everyone to e-mail me and:
The nature of any economy is to reset itself from time to time; it’s healthy in the long run. Meanwhile, we have to live in it. So let’s help each other live comfortably in it. To quote from the theme song of a popular 80’s sitcom, “Life is more than mere survival; and we just might live the good life yet.”
I encourage anyone and everyone to e-mail me and:
- Share ideas on how to conserve and save;
- Give suggestions about how to keep one’s current job;
- Spread the word about ways to diversify one’s income;
- Find and post helpful resources that relate to the above;
- Tell about your experiences with any of the above.
This site is not an opt-in program, or a program of any kind for that matter, nor is it an earning opportunity in itself. It’s simply a place for you and me to share real life observations, ideas, experiences and lessons learned. Keep in mind that many of us are not economic or employment experts, myself included. If you are then please enlighten us. Most of us, though, are just regular people with input to give and hopefully something to gain.
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