Welcome to LowCostEnergy.com, your guide to finding out more about low cost energy, renewable energy, easy tips on how to save on your energy bill and how to get paid to save on energy!
What is low cost energy?
Low cost energy is a highly used expression in the media lately, and it has generally been used to mean a source of energy that is cheaper than most common ones (also known as conventional sources, such as gas, oil and coal), and in most cases it has been used to refer to sources of renewable and alternative energy.
What is the difference between low cost energy and renewable energy?
Low cost energy refers to any type of energy that, through its source or technologies involved, can offer the prospect of a lower cost for its usage. Renewable energy is a term that refers to a type of energy that is derived from a renewable source (wind, water, the sun, biofuels and others). Most renewable energy production methods have been radically transformed by improvements in technology and research, and this has in turn led the trend of lowering renewable energy costs.
From the production cost point of view, renewable energies are trying to become a low cost energy option. However, they can definitely be considered low cost energy when it comes to the environmental cost associated with energy production – in this area most environmentalists point to the major advantages of renewable energy over conventional energy such as coal. You can find more information on renewable energy types on BetterEnergy.com
How can one lower the cost of energy?
On a social level, advancements in technologies and government incentives like business and residential tax credits for gaining more energy efficiency allow for a constant diversification of available energy types and have spurred the growth of low cost solar energy, wind energy, biofuels energy and many more.
On an individual consumer level, one can drive the energy cost down by keeping in mind some easy and useful energy saving tips that can have been compiled and included in this guide. You can click on the “Energy Saving Tips” page to find out more. You can also find out how to get paid by the government if you make your home more energy efficient by clicking on the “Energy Tax Credit” page.