Thursday, May 31, 2012

How To Lower Power Bill? - Alternate Energy Source

By Gary Ashby

How to lower power bill fast? As you seek to lower power bill with an off grid system, you are probably thinking about entering a new way of life. With an off grid system, you are not reliant on utilities for providing you with electricity. You will learn how some people have done this for years because of their location constraints. But, unlike prior users of home generated power, modern off grid users take advantage of the new renewable energy options open to them.

These options can be the most basic, low cost alternative or more productive and expensive facilities. Expenses incurred are those for buying components and setting up the system. A home system that uses batteries will need to be replaced more often than other system components.

An off-grid power system is more complex and requires more time and effort to plan and implement. Getting the right system for your needs is critical and will depend on your location. If you are concerned about grid interruptions or failures, your independent system will not only save on electricity bills but also be your insurance.

What you need to keep in mind is that if you choose the independence of an off grid existence, you will use electricity differently than you did when you lived on the grid. This is because a home energy system is limited to the amount of power stored in the battery bank (that is if your home system has a battery backup) and what is being generated. Hence, you will become a regular reader of your meter to see how much power is available or being used at the moment. Energy conservation is another way to save on energy generation expenses. Using what you have more efficiently is saving money as well.

Different regions have different ways to support renewable energy use. In the United States, twenty nine states, according to the U. S. Department of Energy's renewable energy database of state incentives, support renewable energy production. Sixteen of the states support what is termed 'distributed generation' or generation below the substation level. The Federal Government also still has in place an Income Tax Credit equal to about a third of the project cost of setting up such systems. This Income Tax Credit is set to expire at the end of 2016. If you are looking to save while switching to a home based system, you should make haste to take advantage of this tax break. The state incentives and the federal tax credit should make this route attractive to homeowners.

People who have done this already are leading to the growth in home power systems. You can join the same path and discover how to lower power bill with off grid system self-sufficiency.

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