As utility costs mount ever higher, Americans now have real options to take home energy matters into their own hands with "green" systems that can pay for themselves in as little as a few years.
Among the choices: wind, solar, geothermal and a "microhydro" option that is potentially cheaper than a year's tuition at many state colleges.
An aide to Obama said Friday that the administration plans to add 20 gigawatts (GW) or more of wind power and 4 GW of geothermal and solar power by 2012 through loan guarantees and fast tracked national renewable energy requirements, like the Renewable Portfolio Standard. Last May the U.S. Energy Department estimated wind power could provide almost a quarter of U.S. electricity.
Trade groups from the U.S. wind and solar industries were happy with the news, considering that the current economic environment for commercial credit has lowered all boats as it were, with all investment now endangered - not just investment in risky financial instruments, but even those investments in renewable energy that are essential to growing a stable economy.
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votesBuzz up!
No other country, in any single year, has added the volume of wind capacity that was added to the US electrical grid in 2007 with both wind and solar growing well over 40%, but with the credit crunch affecting all sectors of the economy, new projects could drop by as much as 50%, without help from the Federal government.
Brian Keane, who leads a nonprofit called Smart Power, wants to do for renewable energy what the "Got Milk?" campaign does for milk and what the "Fabric of Our Lives" campaign does for cotton-he wants to make wind and solar and hydropower and geothermal energy really cool, and get more people to buy them. Here's one way he is going about it, with a little help from a friend: