Sunday, July 12, 2009

Renewables Starts at Home

With Energy Companies now providing for 100% Renewable retail electricity options, the move to renewable energy can be consumer driven and not necessarily investment or government driven. At 6.6c per KWH or there abouts, a premium for renewable energy is the consumers way of supporting investment in this sector which will lead to prices coming down over the next ten years. By 2020, Renewable Energy will be cheaper than traditional electricity sources for all!

Why not offset the premium with solar domestic, home based options that enable excess generation to be churned back into the grid leading to credits to offset retail electricity charges.

With government support for capital spent by consumers on solar based home options, a payback period for a large family can be as low as 4 years. Short term steps that have short term costs and long term benefits for future generations. Consumers can show their support of global policy alternatives to fossil fuels. The move to renewables starts at home.

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