Are you interested in reducing your carbon footprint and supporting renewable energy sources, but don’t want to install solar panels or windmills on your property? At Extreme Investor Network, we have the solution for you.
Many eco-conscious consumers are unaware that they have the option to buy electricity from renewable sources without the need for on-site technology. Renewable energy sources like wind, solar, hydropower, geothermal, and biomass accounted for about 21% of U.S. electricity generation in 2023. However, the majority of electricity still comes from fossil fuels, which contribute to global warming.
The good news is that there are options available for those who want to support clean energy. Whether you are a homeowner or renter, you can participate in green power programs offered by utility companies. These programs allow customers to pay a small premium to receive electricity from renewable sources. While there may be a slight price increase, many consumers are willing to pay more for clean energy.
In addition to green pricing programs, consumers in competitive energy markets can opt for green power marketing programs or community choice aggregation. These options allow residents to choose where their electricity comes from and support renewable energy initiatives in their community.
But how can you ensure that the electricity you’re purchasing is truly green? Renewable energy certificates (RECs) are the answer. These certificates track the generation and purchase of renewable energy, ensuring that the electricity you’re using is coming from sustainable sources. By purchasing RECs, you can support renewable energy projects and reduce your carbon footprint without changing your existing utility service.
At Extreme Investor Network, we recommend choosing a green power option or REC that has been verified by an independent third party, such as the Center for Resource Solutions. By supporting renewable energy, you can make a positive impact on the environment and contribute to a cleaner, sustainable future.
Stay tuned for more tips and information on how to align your investments with your values and support renewable energy initiatives. Join the Extreme Investor Network today and make a difference in the world of personal finance and sustainability.