Myth Buster - Alternative Energy Sources Always Save you Money

Alternative energy sources will always save you money – myth!  They may save energy but they may not save you money.  The initial cost is so high on most of these systems that it is difficult to know for certain when or if the alternative energy method will actually produce a return on the investment.  The life expectancy of solar power systems may be less than their payback time.  Wind energy is expensive and is highly unpredictable.  Geothermal heat pumps are worth consideration and may actually save money; however, there is a long payback time before the real savings will begin.  Before a homeowner considers these alternative energy methods, it makes more sense to first follow the tried and proven energy efficiency steps such as the recommended amount of insulation for your area, good insulated glass windows, doors with proper weather-stripping, high efficiency well maintained HVAC equipment, and programmable thermostats that automatically set back temperatures at night and when you are not at home.