Would You Like $500?
And it is really easy to get…
With the rising cost of electricity many of us have thought, even in passing of installing some type alternate energy system, especially with this summer’s extraordinary heat and weather. Heat and weather which has caused power outages across the nation. Having your own solar or wind “power grid” would seem to be the easy answer, so what if the rest of the city is out I have my own power grid, I’m ready for anything. Sounds easy, a few phone calls and the system is installed. While technically true, you would have power when everyone else doesn’t the reality is a bit different. Don’t take me wrong I am a huge proponent of solar power, whether it is a few garden lights all or a complete Photo Voltaic (PV) system. I am asking that before you make the PV (or wind) investment (or not) let’s look at your home and make it as efficient as possible.
It has been estimated that 45% of all power used in the home is for either heating or air conditioning, that’s almost half of your power bill. In 2005 the Department of Energy calculated the national average electrical bill was $1900 per year. For some this will sound low for other high, regardless it provides a starting point for comparison. 45% of the average is $855 per year; anything that makes your home more efficiently use power is money in your pocket. It has been estimated that savings as high 30% can be realized by making your home more energy efficient and that can be as simple as minimizing the air leaks in your home. 30% equal $570 per year (based on the average), what could you do with an extra $500!
The good folks at Minnesota Power have developed what they call the “The Pyramid of Conservation”; the pyramid clearly shows the steps you should take before investing in renewable energy sources. Even if you don’t invest in a renewable energy source the pyramid will help you save money on power. I have included the link to the pyramid article; it’s interactive so you can check out each level for ideas and ways to save money. Minnesota Power’s pyramid of conservation:
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