The EIA (Energy Information Administration) recently published an energy consumption report stating that Americans use 14,787 kWh per year. As you can imagine, this high amount of electricity consumption amounts to thousands of dollars in utility bills. To save money, many people are switching to renewable energy.
But, with so many renewable energy sources, which one should you choose? To answer that question, you’ll need to understand the best types of renewable energy sources. So keep reading to find out what they are!
Hydroelectric power is perhaps the most controversial form of renewable energy since there have been some cases of environmental impact. But, despite that, hydroelectric power can cut utility bills in half since it uses water from lakes or rivers to power homes. So, how does it work?
Engineers build a dam on a river or lake, which then creates a reservoir of water. Then, when needed, water is pumped through turbines which is what gives power to homes. Of course, building a dam is quite expensive, so most countries avoid it, but if you live near one, you can reap the benefits of this renewable energy.
Solar energy is the most common type of renewable energy, and it’s also one of the most efficient ones. Nowadays, solar energy is the go-to renewable energy since it’s easy to install in any home.
On top of that, some countries give you discounts for using solar energy. So, not only do you save money on your electricity bill, but you also get a little extra compensation!
Additionally, you can start saving money by only installing a couple of solar panels. But, what happens if it’s not a sunny day? Solar panels come with a battery that stores extra energy, so even on cloudy days, you can feel safe that you’ll have power.
So don’t wait any longer and contact a solar installation company today!
Without a doubt, you may have seen wind farms whenever you pass by a large open field. That’s because many countries around the world have heavily invested in wind power energy. It’s one of the most affordable forms of renewable energy.
In addition, wind power is also quite eco-friendly, which is good news for the environment.
The only downside of wind power is that, as of now, only large companies utilize it. So, many of the wind farms you see are owned by companies that use them to power their factories. Hopefully, in the near future, we all will enjoy the benefits of wind power.
Switch to Renewable Energy Today!
As you can see, there are plenty of renewable energy sources to choose from. Of course, some of them require a significant investment, but they will save you money in the long run. So don’t hesitate any longer and start saving hundreds of dollars every month!
Which form of renewable energy do you think is the best? Let us know in the comment section below. And if you found this post informative, be sure to check out our blog for other interesting articles!