Going Green: The Costs and the Benefits

Everyone everywhere should be concerned with high and rising energy costs.

Energy costs are rising 6% per year on average in the U.S. (would love to know how the costs are increasing regionally), but this begets us trying to find ways to reduce our reliance on high cost energy sources, and also find ways to use alternative energy that is more affordable and available.

This new information from One Block off the Grid, suggests that our investments in green and eco-friendly related products can save us a lot in the long term even providing a return greater than investing in Savings Accounts, Fixed Deposits, and even Stocks.

Some energy efficient investments we could consider include:

  • Solar water panels
  • Solar water heater
  • High efficiency shower heads
  • Large scale water retention/conservation

Check out this infographic for the costs and payback times for some energy efficiency measures we could employ, and comment below with your thoughts about energy efficiency.

Home Solar Power Discounts – One Block Off the Grid

Which of these measures are relevant to you? Would you think about doing any of these things in the short or long term?

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  • A good site to check out is Carbonsavings.org! It has calculators that can tell how much you would save per year using environmentally preferred products (EPPs). There are over 40 household products available on the market that can save households $$$ in reduced energy and water consumption per yr.