Alternative Energy Funds 

If you are like most people, you are looking for any way to cut your cost of living with prices for everything skyrocketing.  The current stock market is not a place where most people want to put their hard-earned money for investments.  One place you may want to consider putting your money that is a good investment is in renewable or alternative energy.  Converting your home to an alternative fuel source as wind energy can be expensive, however, there are alternative energy funds available, and it is just a matter of locating them.  You will find that it is not as hard as you might think to locate these funds.  Here are some steps to help you locate alternative energy funds:

* Research to determine which type of alternative energy you are interested in, like wind or solar power.

* Visiting the Database of State Incentives for Renewables and Efficiency website, dsireusa.org will give you a complete listing, by state, of available alternative energy funds.

* Check with your power company to see if they offer any type of energy funds or rebates. 

* Check out blogs and forums on the alternative energy topic.  Someone may post information pertaining to your area and you will not have to sift through all of the programs available.  You may be able to locate the best resource to fund your alternative energy project. 

The United States has the world’s largest wind energy industry, with China coming in second.  There are alternative energy funds available through rebates, refunds, and tax credits, however, you must locate and apply for these funds. 

Photovoltaic manufacturing is becoming more popular also.  Photovoltaic is a solar power system.  The rectangular panels attached to some buildings and rooftops are the Photovoltaic system.  They usually range from 2 ft x 4 ft, or 4 ft x 8 ft, and are made with small solar cells.  The Photovoltaic panels have silicon cells that act like semiconductors to transfer light into energy.  When using this type of solar power you can expect the system to produce around 5,000 watts of power with the assistance of an inverter.   

Water can be heated with solar power.  In order to do this you will need a solar collector and storage tank.  Water is stored inside your solar collector and when the sun’s rays hit the glass plate, it heats the water.  You can then pump the heated water to your storage tank to use in your home.  Using this system can reduce your electric bill by two-thirds. 

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