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Three Ways to Save Money Through Clean Energy

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NATIONAL REPORT—Clean energy isn’t just good for the planet; it can benefit our wallets, too. And luckily, it’s becoming increasingly popular. Last year, renewable sources comprised 33 percent of U.K. energy production. That’s a record level. In switching to greener power sources, U.K. families have contributed to this shift. Many have been able to reduce their energy bills at the same time. There are three key ways to achieve this.

Wind Turbines—Wind farms can produce high levels of energy. In fact, 2017 saw U.K. turbines produce more renewable power than ever before. According to experts, this is largely due to the fact that Britain has one of the windiest climates in Europe. A domestic turbine could help people living in blowy areas to save money. These need to be installed in open, outdoor spaces.

Once they have paid for equipment and installation costs, hotel owners can begin to reduce bill payments. Better still, feed-in tariffs means that they are also paid for the extra electricity that their system creates. What isn’t consumed is then sent to the power grid—so they can help the environment and budget simultaneously.

Hydropower—Hydropower can be produced on small and large scales. It can be used to power communities, streets, and households. Micro-hydro systems often provide efficient sources for small groups of people and communities. Although there are initial set-up costs, they are relatively cheap to maintain. This is largely because their energy production rates are usually very low.

Through the MCS (Microgeneration Certification Scheme), interested parties can identify the right builders and equipment for the project. Through this process, they stand to secure the best installation service. In turn, high upkeep and electricity bills can be easily avoided. So, owners can maximize the financial advantages of this clean energy source.

Solar Energy—Solar energy can provide a reliable power source for heat and electricity. Like wind and hydropower, it doesn’t take energy from utility suppliers. Despite initial costs, solar panels often enable hotel owners to heighten their savings. Like domestic wind and hydropower sites, solar energy users can gain money through feed-in tariffs. The main difference is that panels can be installed practically anywhere. Providing they receive sunlight, they can generate energy. They could, therefore, help anyone with a large property to better manage their finances.

Clean energy has transformed how Britons power their businesses. This is an exciting time for U.K. energy production—one that could reap economic and environmental benefits.

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