The economics of energy have changed drastically over the past dozen years. We have new affordable energy generation technologies (wind and solar), new energy efficiency products (LED lighting and heat pumps), a revolution in transportation (EVs) and affordable energy storage (thanks to cheaper lithium ion batteries). The combination of these new technologies has turned our conventional attitudes towards energy on their heads. Here are Ten Energy Saving Myths – designed to get you thinking about your personal and business consumption of energy. So here they are, in no particular order:
- Rooftop solar is expensive
- Electric cars are cheaper than gas cars
- Buying new energy saving appliances saves money
- Utility companies are the most reliable source of energy
- Solar for no-money down is a good investment
- LED Bulbs are expensive
- Electric utility companies like energy efficiency, as well as wind and solar
- Clean coal
- Nuclear power is the best base load power source
- The U.S. is using more energy than ever before
Listen Up to this week’s Energy show to see how these energy saving myths fit into your life style.