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Renewable Energy and Your Money
Save/Make Money
I want to save money on my electricity bills or even earn money back via net-metering
It is sometimes hard to know where to start or where we fit in to this new ‘green’ world.
For that reason, we have compiled a list of potential projects that can spark a change in everyone
(no matter whether big or small)! Keep checking back for new tips and project ideas that may help you
to save money and make a difference!
 Change 5 bulbs in the most active areas of your home to Energy Star qualified CFL (compact fluorescent lamp) bulbs
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- You will save approximately $60 per year on your electricity bills
- CFLs also produce 70% less heat than incandescent bulbs, creating extra savings in your cooling costs
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Upgrade your clothes washer to an energy star washer
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- Energy Star washers use 35-50% less water per load
- They also use 50% less electricity per load
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Upgrade your toilet to a high efficiency toilet
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- A family of 4 would save between 14,000 to 17,000 gallons of water per year by upgrading their toilets
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Repair any leaks
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- Fixing any leaky faucets or running toilets can save up to 2,700 gallons of water per year
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Install a low-flow showerhead
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- 32% of a home's water use is dedicated to showering
- A low-flow showerhead can save up to 20,000 gallons of water per year for a family of 4
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Install a Solar Water Heater
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- You will cut back on conventional utility demands by approximately 50-85% annually
- You can expect a simple payback of 4 to 8 years on a well-designed and properly installed solar water heater.
(Simple payback is the length of time required to recover your investment through reduced or avoided energy costs)
- Solar pool heating payback can be as low as two years and it can extend the swimming season by several weeks without additional cost
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Install Solar Panels
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- You won’t have to worry about the prediction of conventional electricity prices skyrocketing as your solar system
cost will remain the same. It is comparative to the stability of buying a home and locking in at a fixed rate vs.
renting a home and being susceptible to the movement in the markets. By purchasing a solar system, you are able to
lock in your rate for the next 25 years vs. gambling with the conventional market price
- PV is cost effective for residential customers located further than a quarter of a mile from the nearest utility
line and the advantages of a PV system often offset the relatively high initial investment
- There is net metering potential, which can offset the price of any extra electricity needed from the grid or you
can earn extra income (make sure that net metering policies are in force in your location)
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Install a Wind Turbine
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- Homes, businesses, farms and ranches can receive a significant portion of their needed power from free wind energy and can gain more independence from your local utility provider and grid
- Wind energy is one of the lowest-priced renewable energy technologies available today
- There is net metering potential, which can offset the price of any extra electricity needed from the grid or you can earn extra income (make sure that net metering policies are in force in your location)
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Install a GeoExchange System
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- GeoExchange systems out-perform even the most efficient gas technology, and gas heat pumps, by an average of 36 percent in heating mode and 43 percent in cooling mode
- Energy costs with GeoExchange typically are 25 to 70 percent less than other HVAC systems and energy requirements
- Due to the 'zone' conditioning functionality, GeoExchange systems allow specific areas or rooms to be heated or cooled independently from each other
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