Save Energy and Sell Your Household Carbon Credits
February 9, 2010 by Green Irene
Filed under Featured, Footprint
We are excited that our customers can now not only save thousands on their electric, natural gas and heating oil bills, but can generate additional savings by verifying their savings by entering their utility bills and selling the resulting carbon credits thru a broker. There is a big issue of verification of the bills, but a solution will emerge to solve it. It is the sign of things to come!
-Green Irene
US couple take lead on carbon trade by selling their first credit
A Pennsylvania couple has sold the world’s first carbon credit awarded for a reduction in personal carbon emissions. About 1,800 others have signed up to follow suit – underlining the US public’s readiness to press ahead on the issue.
The Wilsons began by getting rid of their son’s heated water bed, turning off power to computers and televisions when not in use, changing to energy-efficient light bulbs, hang-drying their laundry…
Then they signed up on the MyEmissionsExchange.com site to have their energy savings calculated. They found that they had already saved one ton of carbon, which earned them a carbon credit. The exchange sold the credit for $21.50 to Molten Metal Equipment Innovations of Ohio, taking a 20 per cent commission.
“Everybody wants to be environmentally friendly,” said Ms Wilson, 49, a water treatment plant operator. “It takes a trigger point to get people involved. For us it was the announcement of a 30 per cent increase in our electricity bill.”
MyEmissionsExchange.com (http://www.myemissionsexchange.com/Default.aspx) is hoping that other individuals will not only want to be paid for their energy savings but that companies will be keen to buy credits easily verified by comparing a family’s improving power bills.
MyEmissionsExchange began trying to help individuals to enter the carbon market in October 2009. The site, which verifies and sells personal carbon credits, is open to any individual household or business that wants to earn a personal carbon credit by demonstrating it has reduced its electric, natural gas, propane or fuel oil bill compared with the same month a year earlier.
