Featured Article

The Cost of Energy
Is pursuing energy independence really worth it? Maybe it’s time to take a closer look at just what your daily life is costing you in terms of electricity. A lamp or a ceiling fan left on in a bedroom, a computer on all day, those hours of television you and the kids watch, showers, hair dryers, razors, DVD players, microwaves and clothes dryers. Do you know what they cost?

  • A 350-degree oven on for two hours or a 1200 watt microwave on for one hour costs $13.58. (It’s no longer just for health reasons that you don’t want your kids to eat too many brownies.)
     

  • Two, 20-minute showers run $2.47. (NOTE: If anyone knows how to get a teenager out of the shower in less than 30 minutes, please reply to this newsletter e-mail with your suggestion.)
     

  • Five, full loads of clothes on high setting in the dryer is $1.52. (And does any family do less than five loads of laundry a week?)
     

  • Dishwasher, normal, full cycle (with drying) costs $13.70. (Even if you send the load through with just five spoons, two cups and a dish.)
     

  • A month of running your coffee maker once a day costs $14.18. (No, it doesn’t cost less to brew decaf…)

Think about it. If you were able to harness wind or solar energy to offset your electric bill, how much could you save over the course of five years? If you want a more detailed account of how much electricity you use each month – or if you just want to have fun guessing costs – check out General Electric’s Energy Cost Calculator. You’ll also want to read this month’s Do You Manage Risk or Does It Just Happen? article to learn how to manage risk in pursuit of energy independence, and don’t forget to check out October’s Know How Network article as well.
 

A 350-degree oven on for two hours costs $13.58.