Did you know that electricity prices are rising at their fastest rate since 2008?
With these trends expected to continue, installing one or more home energy systems can offer long-term savings on electric power while also helping to protect the environment.
Coupled with good everyday energy practices, generating your own renewable energy is an efficient, affordable solution that allows you to live off the grid. This complete guide shows you how.
Read on for everything you need to know.
Green Energy Incentives
Before we explain how to generate electric power at home, it’s worth mentioning some of the green energy incentives that come with installing a renewable energy system on your property.
Tax credits and other incentives can make purchasing a residential energy system more affordable. Solar panels, wind turbines, and geothermal pumps are all eligible for the federal Residential Renewable Energy Tax Credit.
Your state may provide further tax breaks, and your local utility company may even have initiatives to promote renewable energy installation.
Generating Electricity at Home
Choosing and installing a home energy system can be a big project. There are many factors to consider, and you’ll want to choose the most cost-effective system for your home. Let’s take a look at the most common renewable energy systems available today.
Residential Solar Panels
Solar panels turn the sun’s energy into electricity for your home.
The energy generated by solar panels must be used or stored immediately. Solar energy will help offset the electrical power you buy from the grid if you’re consuming more energy than your panels can produce.
However, if you generate more energy than you consume, you can sell that extra energy back to the grid, saving you even more. Check out this solar power system for home setups.
In the right position, a wind turbine the size of a garbage can lid can significantly reduce your energy bills.
Professional installation ensures the turbine’s safety and optimal positioning. Like with solar panels, when you generate electric power from wind turbines, you must utilize it straight away.
A hybrid solar and wind system is ideal for areas that get bright days and windy nights. The combination increases the likelihood that your house will generate power 24 hours a day, seven days a week.
With the addition of some home battery banks, you may be able to go off the grid entirely. You could also use a combination of wind and solar systems on different parts of your property.
Become Self-Sufficient by Generating Electric Power
As the energy industry changes, more and more people are generating their own electric power at home. Utilizing renewable energy sources is great for your utility bills and better for the environment.
Be sure to hire a qualified technician to install your system. That way, you’ll get the best possible outcome. Whatever form of renewable energy system you choose, do your research beforehand to make sure it’s a good fit for your property.
If you found this article informative, be sure to check out the rest of our blog for more.