What’s the first thing that comes to mind when you think about renewable energy for the home? More than likely, you’re picturing big solar panels propped up in someone’s yard or on the roof. But what if I told you that home renewable energy doesn’t stop with ? Solar panels are a great option for generating your own electricity, and solar power is becoming more and more financially viable, but it’s certainly not the only option for home renewable energy — not by a long shot!
New and innovative are on the rise. The truth is, almost any homeowner with almost any type of property will find that there’s a perfect create-your-own energy option for their home. Read on to learn about renewable energy technologies that make use of all the world has to offer, as well as some cutting-edge solar innovations that completely reimagine the traditional solar panel.
Residential Wind Power
We’ve seen those massive wind turbines that tower stories high, but with wind energy, it’s possible to think small! In fact, small wind energy is becoming more and more common as a home renewable energy option.
Small wind energy is powerful, renewable, clean, and can save you money. Depending on your location and the type of home wind system installed, you’ll typically see a return on investment in anywhere from 6 to 30 years. After that, the electricity the turbine produces will be virtually free.
A home wind system is an excellent investment — during the ROI period, your money is going to increasing the value of your home, rather than just spending money you’ll never see again on your monthly electricity bill.
Off-the-grid living may not be exactly what you have in mind. If your main goal is producing your own power to lower your monthly utility bills, a grid-connected wind system might be the perfect solution for you.
Grid-connected systems are cheaper, because you can install a smaller, less expensive system with smaller goals than producing all of your own electricity.
Here’s how it works: Anytime your wind turbine produces more power than your home needs, that power goes back onto the local utility grid. When your energy demands are too high for the turbine to keep up with, the extra power you need is drawn from the grid. If you consistently generate more electricity than you need, you’ll find yourself getting cash back from your utility company!
Residential Wind Tax Incentives
Like many other renewable energy options, small wind turbines qualify for a federal tax credit of 30% in the U.S. Other financial incentives may be available through your state or through individual utilities, so if you’re considering wind power for your home, make sure you take a look at the Database of State Incentives for Renewables and Efficiency.