Almost everyone is constantly attempting to invest in pocket-friendly ideas to lower their total living costs. This is because living costs have become astronomically expensive in the past decade. Ultimately, one of the most effective ways of drastically cutting your monthly expenses is to invest in renewable energy and opt out of conventional power sources. The use of renewable energy is capable of powering up your home and practically eliminating utility bills. What’s more, the tax incentives for renewable energy make it even more pocket-friendly, which is great! Here are 3 amazing ways to power your home with renewable energy.
1. Solar Panels
Rooftop solar panels are undeniably one of the most commonly known methods of utilizing renewable energy to power your home. While solar panels are almost always installed on rooftops, you can also opt to install them in your yard. This innovative method is capable of generating up to 10 watts per square foot and the average household consumes roughly a kilowatt of power, which means that you will need to install a few square feet of solar panels.
Solar panels are a great method to cut your monthly bills down drastically, and there is also the option of solar shingles if your current rooftop is not in adequate condition to hold solar panels. Solar shingles are designed to take the place of your rooftop tiles. However, the only downfall to using solar power is that the sun will need to be up in order for them to work. If you opt for solar panels or solar shingles, it is a great idea to invest in a second form of renewable energy to keep your house powered at all times.
2. Wind Turbines
Even though wind turbines are normally located on farms and offshore areas, you can install them in your private house. Although, you will need adequate real estate to install a small wind turbine. There are some unfortunate downsides to installing wind turbines in residential areas, such as the unappealing design and the fact that they can be significantly loud. Certain zoning regulations and local laws may restrict or forbid the use of wind turbines, which is also a concerning factor. If you are not restricted with space or local laws, installing wind turbines are a great investment because wind power is significantly more stable in comparison to solar power.
3. Solar Water Heating
Solar panels are a great way to generate renewable electricity. However, solar power can also heat up your water. Investing in solar water heaters will keep your home warm as the solar power is used to heat and reserve water that can run through radiators and faucets in your home. This method is a lot more cost efficient than gas and electricity and it is also easier to install in comparison to solar panels. There are several different types of solar water heaters available that each offer different advantages and disadvantages and therefore, adequate research should be done prior to making an investment.