Most definitely and the sooner the better--for the planets sake
if you put solar panels on the roof it is free power to the house
if you connect to batteries then it is free power 24/7
investment in wind turbines is already powering major cities from the bank of wind turbines in the north sea , western australia, south australia and other cities with a good wind supply
investing in geothermal energy drives steam turbines and all clean , green renewable energy
the only reason that investment is being discouraged is because of the vested coal, oil and gas interests if you want a big return on the investment so for your house . consider this
A 5kw unit will pay for all of the daytime power used and connected to batteries will run all the equipment at night
where is the return
with an average power bill of $1650.00 plus aud per annum you save the cost of installation in 3 years , if you add batteries it goes to 6 years if you start with the investment at age 30 you will not be paying for power after age 40
so multiply , for easy understanding $1600.00 by 40 (80 years pf age ) the investment will have saved you $64,000.00 in power bills and that does not take into consideration a price increase of 5% per annum
so what do you think --is it a good investment or what
While it's fairly easy to fit solar panels on your roof to generate electricity - and save money - investing in funds that hold the wind and solar firms offers more of a challenge.
It sounds like the perfect investment. Equip your house with solar panels and look forward to dramatically reduced utility bills and the potential to earn a handsome return by selling any excess energy to the electricity grid.
Thousands of people across the country have already embraced this idea since the government introduced the Feed-in Tariffs (FIT) Scheme in April 2010 to encourage the uptake of small-scale renewable and low-carbon technologies.
Greg Shreeve, the insight manager at the Energy Saving Trust, believes getting solar panels installed is a no- brainer for many people. The potential benefits to be enjoyed, he argues, more than makeup for the upfront costs.
"The technology pays for itself within 11 years and will go on generating electricity for your home," he says. "It's a great way to actually start making money when energy prices are rising. It's free electricity and low-carbon technology, so a winner all round."
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