The status quo about energy prices is they are increasing most of the times. However, due to government based reforms, energy efficient plans and competition between electricity providers, it is possible to save money the green way on electricity deals.
Understanding the tariffs
Ignorance maybe bliss, but that shouldn’t be the case when it comes to electricity tariffs. The first thing you should know is how different tariffs work. You should also ask yourself ‘Did I select the best for myself?
An incentive that is in place is the concept of online tariffs. This has been considered as an eco-friendly way of selling electricity. The reason is no bills are required to be printed, which leads to a reduction in the cutting down of trees.
Another thing is that when online, people tend to compare the rates that they are paying with other companies. This means the tariffs which are accessible online are available at competitive prices.
Using the green tariff
Using green tariff is the best way to go especially when it comes to saving the environment and reducing the carbon footprint. In 2012 and this year as well, a lot of focus was geared towards the expansion of alternate energy.
Leading economies are enforcing legislation in favor of this form of energy by offering tax benefits. Similarly, there are price cuts on electricity too, if you opt for a green fuel package.
The source of electricity/gas that is being provided to you is from a renewable source. These are generally less expensive, because electricity companies are getting tax benefits on it. For instance, windmill based renewable energy is available in many states in U.S like Texas and on the South side. The companies that provide electricity rates are quite cost effective and consumers can check out the rates at websites like www.shopelectricityratestexas.com and other electricity rates websites based on their respective state residence.
Using dual fuel tariff
Another possible means for you to save money on your electricity bill is by opting for a dual fuel tariff. What is dual fuel tariff? Well, in today’s competitive economy, electricity and energy provider companies want to maintain and increase their customers. Generally, people get their gas and electricity from different suppliers. However, if you opt for a dual fuel tariff, you can get pretty decent discounts from the same energy supplier.
Option for efficient energy
One of the most important things that you can do is opt for energy efficient plans. For the purpose, you can check from your providers if they have something in this category. What you have to do is install appliances that not only cost you less, but are also good for the environment.
For example, LED technology has helped developing efficient bulbs that save energy. The same is the case for solar based panels. While these are considered as an expensive option, some electricity providers are offering good deal for installation. The government has offered these electricity providers with special incentives if they are able to promote a certain percentage of green energy. So you can use this government based incentive in your favor.
The bottom line is to be educated about your tariff and what you are paying for your electricity. In this way, you would be able to identify the possible green options that are affordable.