It seems that barely a week goes by without another report about increasing prices being charged by our established energy companies. As I am writing this article (late summer 2011) one of the major energy companies, here in the UK, have just announced that they will be raising the price of electricity by 4.5% and price of Gas by a whopping 15.4%. They will argue that most of this rise is due to the increasing costs of extracting the gas, or the fossil fuels that they use to generate the electricity. They might well be true, but that fact surely goes to highlight the point that traditional energy, using fossil fuels, is becoming more difficult to produce and therefore more expensive.
Your response to news like this is probably similar to many. You will start by trying to reduce your energy usage and more importantly your energy waste. This is all good, I would not stop anyone seeking to conserve a little energy around the home. However this will not lead to that great a saving, unless you really compromise your way of life.
The only real answer to the question of how to reduce your energy bills, it to start using renewable energy sources to start generating some of your own energy. If you are lucky enough to live next to the sea or a river, then you might be able to use water power to generate some energy. However for most of us the three main viable options will be Solar Power, Wind Power or the Heat held in the earth's surface via a ground soruce heat pump.
Linking up a Solar Panel, Wind Turbine or Heat Pump to your domestic heating system will straight away reduce the amount of energy you need to take from the grid, and therefore the cost of your monthly energy bills. Obviously this is where you need to balance your monthly saving against the cost of installing the panel, turbine of pump in the first place. This bit of math often puts homeowners off adding some renewable enrgy sources to their home, when they discover the high cost of buying your panel or turbine from a store and having it installed by contractors.
You can make the math look a whole lot better if you shop around to buy a quality used panel or turbine. Alternately an even better option is to get hold of a DIY manual and build your own solar panel or wind turbine. The process is easier than you think, and can be accomplished for a few hundred dollars. After that original cost your energy is pretty much free from there on, all courtesy of the earths natural resources.