Posted in Country snapshots

Is renewable energy now cheaper for you?

The Escape Artist

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I mostly stick to personal finance around here…but occasionally we catch a glimpse of The Escape Artist’s secret environmental mission.

So today we are talking about renewable energy in general…and electricity in particular.

In the future, electricity will be cheaper.  And, as long as we don’t spend the money saved on buying more crap, this will allow us to buy our freedom earlier.

I don’t claim to be an expert on electricity. But I’m pretty sure most people are doing it wrong…using too much electricity and paying over the odds for it. In the UK, around two-thirds of customers of the big six energy companies are still on expensive standard tariffs.

Let’s start by taking a look at how technology advances mean things are getting better and better every year. Here’s Peter Diamandis on solar energy:

In 88 minutes, 470 exajoules of energy from the sun hits the Earth’s surface…

View original post 1,420 more words

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Loves nature and simple living.

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