2008 was a tumultuous year for everyone primarily due to the volatile price of one
commodity – oil. The world is so heavily dependent on this one commodity that any
prolonged volatility of its price has a staggering spin-off effect on just about everything else.
Who could forget when the price of oil hit an all-time high of $147 per barrel sending shock
waves to every other market? And speculation that it would likely hit $200 per barrel only
served to exacerbate the situation. Alternative Home Energy Solutions
As if the effect of the roller coaster price of oil was not enough, the world had to contend
with the US sub-prime mortgage crisis. It is said that when the US sneezes, the rest of the
world catches a cold. How true. Just like how oil is the predominant fuel of the world, the US
economy is the most influential economy in the world and the US dollar is the most highly
accepted currency in the world. Therefore, when the US suffers, the rest of the world suffers
along with it.
The skyrocketing price of oil last year triggered a domino effect on the prices of just about
everything else, from the cost of transportation to the prices of essentials like utilities. Thus
many people have had to tighten their belts, cut costs and try to earn some extra income.
That led many to cut down expenses on their electricity bills through finding alternative
The good news is that it is now possible to use alternative energy sources quite cheaply and
renewable energy solar power. The 2 most practical sources of renewable energy are the
sun and the wind. You can turn your home into an alternative energy home that uses solar
and wind energy to power your appliances and thus reduce your electricity costs.
With solar energy, the process basically involves using solar cells to change the energy of
sunlight into electricity whereas with wind energy, you will use a wind rotor to generate
electricity through a motor. The electricity from both these sources is then channeled into a
battery that store