Compare Electricity: Green is the new Black, VIC Electricity

Now more than ever, it has been important to think about the impact of your environmental footprint.

Every day we are faced with the potential grim reality of what could happen if we don't act right away to reduce our environmental impact on the world around us. Headlines scream out to us about the longest drought in history, devastating storms, logged rain forests and rising seas. It has become patently clear that each individual now has a personal responsibility to ensure that they minimize their own environmental footprint, so that we as a civilization don't get stamped out by our own thoughtlessness.

The largest issue that we face today is that of Global Warming. Global Warming is the increase of temperatures around the world. This consequence has led to a significant increase in natural disasters and temperamental weather patterns. Scientists have contributed the cause of Global Warming to carbon emissions arising from the use of fossil fuels (such as oil, gas and coal) to generate energy, more commonly known as the "Greenhouse effect".

In response to this growing problem industries have developed technology for renewable resources to replace the impact of fossil fuels on the environment. This means that the everyday consumer can now make a significant contribution to stemming their own environmental footprint. In Australia, greener, cleaner and more sustainable energy resources are now available. New incentives from the Australian Government will now provide rebates to encourage renewable energy use, making now the perfect time to rethink your household energy options.

Companies around the world have attempted to appeal to the growing conscience of the world which has awakened to the realities facing our future. Consumers are now targeted with new 'green' products and options never seen before. Things like carbon free products, recyclable bags, electric cars, bio-fuel and carbon off-setting. Often making the right choice can be difficult and confusing. The everyday person is left thinking, what can I do to help? Rate Detective, offers to guide you through the range of choices available, in order to make an informed decision which best caters to your needs.

What exactly is Renewable energy?

Renewable energy is the use of energy resources which can never be depleted or can naturally be replenished.
The main sources of renewable energy are:

  • Solar Power: The Sun is the most abundant energy resource we currently have. Positives of converting to Solar Energy is that the out put of energy is much cleaner as it produces eight times less green house gasses than that of coal and oil.
  • Wind Power: Uses Turbines to produce energy from strong winds, and theoretically has the capacity to meet the global demand for energy, and can be one of the most price competitive to the current environmentally hazardous fuels of oil, coal, nuclear and gas energy.
  • Hydro Energy: Hydro Electric Dams produce low carbon dioxide emissions and also have a very low operating cost, which makes it fundamental to the climate friendly energy mix.
  • Bio Mass: Most commonly made from Rapeseed, corn, sugar cane, palm oil, ethanol, biodiesel, and manure to produce energy efficient fuel substitutes.

How can I proactively use Renewable energy?

  • By installing Solar Panels at home, the federal government now offers government rebates as incentive to go green.
  • Ensure your current electricity provider is accredited by the Green Power Accreditation scheme, which means at least part of the electricity being generated uses some form of renewable energy.

By choosing to go green, you will not only be helping to reduce carbon emissions and helping to save our environment but you will also be increasing the demand for renewable energy, and hence making renewable energy become more price competitive.

For more information, contact Rate Detective to find your best renewable energy options.

Published on October 10-nd, 2008 in Electricity
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.