Some things are simple, fairly inexpensive things we can all do to reduce our carbon footprint. Some things fall into a more expensive category. Here are some we've done.
1. Invest in a solar array. We had solar panels fitted in 2018 or 19 (I can't quite remember). We also had a battery storage system fitted (2.4Kw). Our array can generate up to 4Kw (the maximum you can have in the UK when it's connected to the grid system). The cost of the system fully installed was around £6000. We've saved around 33% on our grid electricity usage, dropping from 3500kwh to 2500kwh. At current rates, that's about £200 a year for us. We also export some power to the grid which I think gives us around £150 a year back. Over the expected lifetime of the system it's doubtful that it will pay for itself, but that's not why we did it.
2. Invest in a wind farm. Not as crazy as it might sound. In the UK there's an organisation called Ripple Energy. They allow you to buy shares in a cooperative that builds and runs wind farms. you get savings back through your supplier. Compared to solar panels it's cheaper and of course you can take it with you when you move unlike a solar array. There's a limit to how much you can invest, but because you can take it with you, it will pay for itself eventually.
3. Go EV. We bought an EV recently. Again it was an environmental decision rather than a financial one. Although having said that the EV we chose (Vauxhall Mokka e) was a very similar price to our Toyota CHR hybrid. The running costs are much lower (no road fund licence at the moment, no petrol), On the road in the UK it was about £32000 new. Not a cheap option. We had a home charge-point fitted and generally the car gets charged once a week or maybe 10 days. electricity prices as they are it costs around £10-11 to charge the car at home. That gives me around 160-180 miles. Compare that to my hybrid that would use about £50-60 of fuel and it's still good value.
4. Add cavity wall insulation. We've had a quote of £1400 to insulate our 3 bed-semi.
5. Replace the double glazing. We have DG but we could replace it with something more efficient for around £6000.
So none of these things are cheap, and some maybe more cost-effective or have a better RTO (return on investment). You have to decide what is best for you and why you are doing some things. Is it environmental or is it about reducing your bills.
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