2008 was a tumultuous year for everyone primarily due to the volatile price of one commodity - oil. The world is so heavily dependent on this one commodity that any prolonged volatility of its price has a staggering spin-off effect on just about everything else. Who could forget when the price of oil hit an all-time high of $147 per barrel sending shock waves to every other market? And speculation that it would likely hit $200 per barrel only served to exacerbate the situation.
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As if the effect of the roller coaster price of oil was not enough, the world had to contend with the US sub-prime mortgage crisis. It is said that when the US sneezes, the rest of the world catches a cold. How true. Just like how oil is the predominant fuel of the world, the US economy is the most influential economy in the world and the US dollar is the most highly accepted currency in the world. Therefore, when the US suffers, the rest of the world suffers along with it.
The skyrocketing price of oil last year triggered a domino effect on the prices of just about everything else, from the cost of transportation to the prices of essentials like utilities. Thus many people have had to tighten their belts, cut costs and try to earn some extra income. That led many to cut down expenses on their electricity bills through finding alternative energy sources.
The good news is that it is now possible to use alternative energy sources quite cheaply. The 2 most practical sources of renewable energy are the sun and the wind. You can turn your home into an alternative energy home that uses solar and wind energy to power your appliances and thus reduce your electricity costs.
With solar energy, the process basically involves using solar cells to change the energy of sunlight into electricity whereas with wind energy, you will use a wind rotor to generate electricity through a motor. The electricity from both these sources is then channeled into a battery that stores it for later use. Through a battery, you would have a constant source of electricity that is not dependent upon whether the sun is shining or the wind blowing. The battery's electricity is in the form of DC current, so before connecting to your home appliance, you need an inverter to convert the DC current into AC.
Solar cells can be bought relatively cheaply from places like eBay that sells factory seconds or blemished cells which are just as good in generating electricity. The solar cells need to be wired together in series in a solar panel like how batteries are arranged in a flashlight. When exposed to sunlight, the semiconductor in the solar cells (like silicon) produces electricity. Then they are connected to a battery as mentioned above.
Many people supplement the electricity they generate from solar energy with electricity that comes from wind power. You can either buy or make your own wind turbine blades and connect them to a motor to get electricity. Once again, eBay is a good source for both wind turbine blades and motors. Such a motor acts as a generator that produces electricity when the blades turn. This electricity is also stored in a battery.
Alternative home energy solutions is the answer to save on our electricity bill.
Many people (including myself) have reportedly slashed their monthly electricity bill by up to 80% through the methods mentioned above. If we can do it, so can you.