Did you know that one of the best ways to combat the rising cost of living is to switch to alternative energy sources?
None of us are strangers to the ever-increasing cost of living in this day and age. Money seems to fly out of pockets faster than in flies in, and all of us would love to be able to cut down on expenses where we can.
One of the rising costs in recent times is the cost of electricity. With prices soaring, more and more households are finding it difficult to keep up with their monthly bills. A solution? Switching to alternative energy sources.
Not only does sustainable energy save you money, but it also helps conserve our planet’s resources for future generations.
In this article, we will look at 7 ways to save money through alternative energy sources.
1. Keep Insulated
Switching to sustainable insulation by changing out old, drafty windows and doors for new, more energy-efficient ones are a great way to save on utility bills.
Energy-efficient fittings ensure that cool drafts do not enter your space during the colder winter months, and on the flip side, prevents hot air from entering your home during the summer heatwave.
This results in you having to use your AC and cooling units less, thus reducing your overall power consumption and energy bills. Get remodeling today!
2. Gone with the Wind
One of the alternative energy sources is that of wind energy (another form of solar energy). Excessive heating of our Earth due to the burning of fossil fuels has spurred people across the world to generate their power through wind.
Although slightly costly on initial setup, wind energy will save businesses and homes hundreds if not thousands on electricity bills in the long run. If you live in an area where wind energy is a viable source, we urge you to consider switching over from traditional, fossil fuel-based electricity.
3. It Doesn’t Matter If You’re Big or Small
If you own a business, no matter how small or big it is, one of the best ways to save incredible amounts of money is to invest in commercial solar. Relying on solar power is a sustainable way for your business to exist, whilst at the same time cutting down on overhead costs.
Just think about how much you could save if you switched to solar power to power up your business computers, printers, copy machines, lighting and other electricals that are so crucial in everyday business.
4. Energy Efficient Appliances
All of us have at least a dozen appliances in the office or in our homes.
Whether it’s a simple kettle, television or refrigerator, it is good to note that not all appliances are made the same when it comes to their energy efficiency. Switching to energy-efficient appliances is a fantastic way to save on your power bills.
Furthermore, energy-efficient appliances tend to have a much longer lifespan, ensuring that you needn’t go out and replace your refrigerator every 2 years. This saves you, even more money in the long run as you will not have to constantly fork the dollars out to replace busted appliances.
5. Government Incentives
Did you know there are government incentives given to families and businesses that switch to alternative energy sources?
Sometimes referred to as a rebate program, installing an eligible renewable energy system allows for the creation of small-scale technology certificates (STCs), an electronic form of currency that is assigned to a value which can then be redeemed by selling or assigning them.
Many households and individuals choose to assign their STCs to their installers for a discount on their entire solar energy system. This incentive is a great way to even further reduce your expenses and save you money that you should be spending on yourself instead.
6. Usage Patterns
If you have solar panels installed in your home, not only do they cut down on bills because you are sourcing power from the sun, but they also produce electricity during daylight hours and any excess electricity that is then generated is fed back into the grid.
Because of this, your energy provider will then credit you for the export of power and this credit helps offset your power bills. The sun is literally paying for your power expenses!
7. You Can Even Use It For Hot Showers
Solar energy doesn’t just stop at powering your electronics, lighting, and appliances. You can even use it to create hot water in your home. You can always divert your excess solar energy into your water cylinder instead of selling it back to the grid.
In this way, you can ensure to cut down on your hot water bills every month. There are even incentives for solar-powered hot water which you should have a look at.
The money-saving aspects of switching to sustainable energy sources are endless, so do your pocket a favor and consider shifting your lifestyle towards a more sustainable one.