There are a series of environmental and economic benefits of using renewable energy in a community. This means that the energy being used or generated in a region produces no greenhouse gas emissions from fossil fuels. This will also reduce some types of air pollution.
Ecovillages can diversify energy supply and reduce dependence on imported fuels. Sustainable energy projects can promote economic development by creating jobs in installation and manufacturing. Here is more information about how communities can go about buying or generating renewable energy.
Buying Renewable Energy
People who are fortunate enough to have access to renewable sources of energy nearby can often buy energy from these producers. These initiatives are often led by green marketing programs where buyers are given the opportunity to pay a small premium in exchange for green energy being generated from local sources.
Governments have been known to provide subsidies for homeowners who want to support this initiative as a means of promoting the use of green energy. Buyers just need to be careful about buying into energy schemes that are in it for the money and not for environmental sustainability.
Generating Renewable Energy
On-site renewable energy projects can be a little more expensive, but it gives homeowners direct access to renewable energy. These on-site energy projects also more reliable, and it acts as a hedge against financial risks.
Governments face some financial, regulatory, and technical challenges with on-site power generation. This makes on-site energy generation more expensive, but these challenges are being addressed with advances in renewable technology.
There are many long-term benefits of buying into renewable forms of energy, and ecovillages are reaping all the benefits. There are continuously advancements being made to make development projects more sustainable. Many home buyers today are looking for homes that can address their concerns about the environment and sustainability.
Even though there are still some challenges that make it difficult for everyone to get access to renewable sources of energy, there are many non-profit organizations and government institutions that support the trend to more sustainable living.