It's the Economy - Energy Efficiency Gains Big Believers

Bill Clinton said it best: "It's the economy, stupid."
The former president reiterated his economy comment in a piece in Newsweek, offering energy efficiency measures as several of 14 ways to jump start the U.S. economy and create jobs.
He's hardly the first. The corporate sector, utilities and governments are swapping out old lighting and inefficient energy-hungry systems like crazy. Why? It saves money.
This rapid embrace of energy efficiency over the past couple years has a lot to do with money. IBM says it's saved $50 million since 2008 through energy saving and conservation measures. "Bottom line; it pays dividends," the company said in a statement.
Converts are signing up in droves. Wal-Mart, an early believer in sustainability, played a big part in expanding the movement's reach. For instance, the retailer has provided more than 100,000 of its global suppliers with a sustainability survey and encourages them to embrace energy efficiency policies.
Utilities also are playing a major part, especially in California where representatives work one-on-one with clients to install retrofits and save money and kilowatt hours. While they are somewhat inspired by financial incentive, most of these reps have become some of the best educated on how to adopt energy-saving measures for the least amount of money.

Magnetic Energy Generator Cost Vs Solar Panels Cost

Many people think only about solar panels as a way to generate an alternative source of energy and which can help them sever their dependence on power companies so that they can go "off grid". However, there are other alternatives to solar panels and using a magnetic energy generator is one of them. Magnets are capable of generating electricity as well and a magnetic energy generator is much more affordable than installing solar panels will be.
The Cost Of Solar Panels
Solar panels have been used for many years to convert solar radiation into electrical current. They generate electricity which can be stored in a collector, making it possible to power a home or building even when the sun is not shining.

Most studies have shown that you can expect to pay between $6 and $9 per watt of solar energy for a system that is installed for you. Overall, for a system that you have professionally installed you may spend between $30,000 and $40,000. This includes solar panels, an inverter box and the wiring which will carry your solar electricity through your home

How to Calculate Solar Panel Watt Costs

With our current economic melt down and energy prices fluctuating daily, many of us are thinking of installing solar panel power to contribute to our homes' energy needs, and reduce our power bills.

But how much solar panel watt power do we need to say halve our power bills? And how much will that power cost us to install?

Here is a four step process that you can follow to answer these two vital questions:

1 - Calculate Daily Power Used:

To do this, get your last 12 monthly power bills and calculate your average kilowatt hour (kWh) usage per month. The reason we use 12 is because our power consumption fluctuates with the seasons. But if you do not have all your power bills, then simply use last month's one.