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Showing posts from December, 2024

Green Energy series Part 3 of 3: How to make the switch to renewable energy in your home?

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As per my previous blog posts on the subject, the process of adding renewable energy to your home is a great way to cut down on carbon emissions and or reduce your energy bills. In order to facilitate this process, I have put together a list of considerations and contacts.  1.  Energy Auditors Why : An energy audit shows how much energy your home uses and how to use less. This helps you get the right size for your renewable energy system. Who to Contact : Look for certified energy auditors or home energy assessment services. 2.  Renewable Energy Installers Why : These experts set up systems like solar panels, wind turbines, or geothermal systems. Who to Contact : Find installers with NABCEP (North American Board of Certified Energy Practitioners) certification for solar, or other certifications for wind or geothermal. 3.  Utility Companies Why : Your local utility might offer incentives, rebates, or net metering for renewable systems. They can also help with connecti...

GREEN ENERGY SERIES Part 2 of 3: Residential Real Estate: The Financial Upside of Switching to Green Energy

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Here are some of the key advantages along with a list of considerations for those who might want to wait: 1.  Lower Utility Bills Renewable energy sources  such as solar and wind can reduce or even eliminate monthly electricity bills. Many homes with solar panels generate enough energy to meet their needs and even sell excess energy back to the grid which is referred to as net metering.  2.  Tax Credits and Incentives Governments often provide  tax credits, rebates, and subsidies  for installing renewable energy systems, like solar panels, wind turbines, or geothermal systems. These incentives can significantly reduce the upfront costs of installation which for some is the initial barrier to entry.  3.  Increased Home Value Homes equipped with renewable energy systems often have higher property values because of their energy savings and sustainability appeal. For instance, I sold a rowhouse in the neighborhood of Bloomingdale for top dollar/above ...