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The next wave of green real estate demand … energy self-sufficiency.

By
Real Estate Broker/Owner with Richard Weisser Realty

 

Energy self-sufficiency is the next wave of real estate!Energy self-sufficiency as an important element of a real estate purchase decision has moved from the realm of idle chit-chat into the world of reality.

I have been getting more and more calls lately from buyers seeking land parcels that have attributes that lend themselves well to personal power generation.

Some are looking for a good running stream with a significant fall, or an unobstructed hilltop that could support a wind turbine.

Energy self-sufficiency is not, however, a new or novel concept. Prior to the days of inexpensive and readily available electricity, resourceful entrepreneurs harnessed the power of wind and water to run their machinery and improve their livelihoods.

And while the initial investment was expensive, the long term benefit of free energy for years to come resulted in a significant return on investment.

Modern technology has reduced the up-front costs significantly and the efficiency of generators has made them more compact and reliable than ever.

Energy self-sufficiency is no longer a radical concept, but it is a genuine specification that is becoming more and more mainstream every day!

And it could be a wonderful investment for generations to come!

Energy self-sufficiency is not a new or novel concept!

 

Joe Harvey
Lake Worth Real Estate - Lake Worth, FL

Richard,

   I just read an article that my High School in Boston is installing solar panels on the roof's of ALL the buildings this summer. They will generate 200 kilowatts of energy at a time. This will be 40% of the energy requirement for the school and will be the biggest project in the Metro-Boston area. If something like this will work as far north as Boston you would wonder why more people from coast to coast wouldn't explore solar/wind energy as a viable alternative to relying on "the grid".

Aug 02, 2010 01:37 AM
Home Loan Search.Online
Home Loan Search Online - Newnan, GA

I've heard of a few local farmers using the roof of their barns for solar. It produces enough energy for the farm and the home.

Aug 02, 2010 01:38 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

The wind, water and sun...therein lies our future. It is nice that some have come to realize that a little passive energy gathering can mean less pollution and dependency on others. Nice pictures, as usual.

Aug 02, 2010 01:38 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Richard,

I've had a seller in Austin who is moving to 200 acres that her family is purchasing where all 4 kids are building their homes as well as the parents. They are going to be self sufficient and ready to live off the land and have their own power in 5 years!

Aug 02, 2010 02:16 AM
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Morning Richard,

Thanks for another thoughtful post. Have an awesome day.

Aug 02, 2010 02:20 AM
Glenn Roberts
Retired - Seattle, WA

There was an article in the paper today that tells of a commercial sized airliner that takes off and lands on jet fuel but flies on solar. The technology is getting us to a place where we'll be energy self sufficient. As old people do, they remember way back when. I remember reading in My Little Reader in 3rd grade (1953) that the known oil reserves would be used up by 1975. If we'd only figured out then that alternative energy should be studied over oil exploration, perhaps we'd have a better more sustainable world today.

Aug 02, 2010 02:29 AM
Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

I believe that as things continue along the path that we are on, those who are planning now will be glad that they did as far as being self sufficient.

Aug 02, 2010 02:49 AM
C Tann-Starr
Tann Starr & Associates, Inc. - Palm Bay, FL

Featured @ Club Chaos

Aug 02, 2010 03:20 AM
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

I hope we are moving toward becoming a more self-sufficient nation, period.

Aug 02, 2010 03:24 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Richard...Solar has been the big one for me.  Running water with a drop?  Sounds like a permit night mare!

Aug 02, 2010 03:33 AM
Pam Pugmire
Silvercreek Realty Group - Meridian, ID
Meridian Idaho Real Estate

I've seen a lot of solar projects going here in Idaho, and like you said, the up-front cost is much lower than it used to be.  The added Federal and State tax incentives aren't too shabby either!  

I agree that this is a step in the right direction toward being a more self-sufficient nation as Susan said!  

Aug 02, 2010 03:53 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Would love to be able to reduce my electric bill.  My home, from the appearances of my last month's electric bill, seems to be made of swiss cheese.

Aug 02, 2010 03:57 AM
Bill Saunders, Realtor®
Meyers Realty - Hot Springs, AR
www.BillSellsHotSprings.com

Richard,

It is interesting how "Green" is coming in full circle...looking forward to the past, as it were. Some of the green attributes of a neighborhood describe neighborhoods of the 30's and 40's...big porches, sense of community/neighborhood, large sidewalks, shade trees... Great Post as always

Aug 02, 2010 05:44 AM
Jenna Dixon
Momentum Real Estate Group LLC - Marietta, GA
55 & Over | New Constructions | Horse Farms

Oh I hope!  I would love to see the alternative energy programs take off...from the bottom up, so to speak...let the people change the government and the business.

Aug 02, 2010 05:49 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Richard in our area solar panels are still the preferred choice, especially as we tend to have more densely populated areas. Being green conscience is never a bad thing

Aug 02, 2010 05:56 AM
Jesse Clifton
Jesse Clifton & Associates - Fairbanks, AK

What's old is new again... these are time tested ideas that a lot of folks have been practicing for generations.  It's good to get back to some common sense.

Aug 02, 2010 10:05 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I hope the trend towards green and renewable energy continues.  I'd like to stop paying all the wrong people for oil.

Aug 03, 2010 12:36 AM
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

There are two homes near my parents house that have small windmills that generate energy.  I found out the cost is about 25K to set up.  But with the state and Federal tax credits it came to about 5K if I remember correctly. 

Louisiana has probably the best tax credit in the country for this type of energy.  They also can sell the excess electricity to the utility company.

Aug 03, 2010 04:23 AM
Marian Goetzinger
Pine Knoll Shores Realty 252-422-9000 - Pine Knoll Shores, NC
Crystal Coast Real Estate NC

Richard, I wish you worked in my store.  You are so on target.  I can't believe this one hasn't already been featured but I suggested it.  We all need to remember that there is such a thing as comraderie and working together and win/win.

 

Great blog.

Aug 03, 2010 05:19 AM
Anne Clark
Metro Referrals - Gainesville, VA

Just saw this post in a reblog.  This is absolutely going to be huge in our business.  I would love to get the latest Green designation and be ahead of the curve.  I know very little about the latest and greatest in energy efficiency.

Aug 08, 2010 11:50 AM