There are several ways to generate electricity in your own home, saving you hundreds of dollars a year or more. Popular methods for making electricity at home can have many advantages other than just saving cash but also provide sustainable energy for the environment. If more people knew how to make cheap electricity at home, then more would join this trend. The cost of fuel is growing, and old methods of generating energy have negative effects on the ozone.
Residential solar panels are recently becoming more popular. I highly recommend the Earth4Energy kit to get started - it's an easy to use, step-by-step guide that will help you generate cheap electricity.
A few countries within Europe have even established laws that state all new buildings within these countries must have solar energy included within all new properties. Brand new solar panel systems may seem slightly pricey, but in all honesty they range from the amount of one high electric bill for each solar panel (you can find discount solar panels for aprox $300) and you only need a few in order to stop electricity bills altogether. Solar electricity is one of the best alternative energy sources.
Another way to make cheap electricity is to use water. If you have the outside space, there are steam and turbine options, along with watermills. Generating water electricity doesn't have to be scary or large, since you don't need to power an entire community, just your home. Smaller scale equals less initial layout costs and you never know...there could be a new trend in your town.
Windmills are another option for electricity generation. If you install a wind generator correctly, this will certainly make enough electricity for your maximum requirements and you may even still save some extra homemade electricity for your neighbors. This method of homemade electricity is low cost and easy to build. The base of building the windmill is to check for the best location where you can get fullest power of wind to convert it to make electricity. Alternatively, a self supportive mechanical device can be used to turn the wheel if you live within a non-windy area.
Power generators can be costly but they also stay under your control. If fuel costs aren't too bad compared to your electricity bill, then it's worth considering. You don't need electricity 24hrs a day and when electricity is actually used, you will be surprised on how much less you actually need to consume further electricity at home. By learning how to make electricity and simply turning lights off, not over filling the kettle and using gas fireplaces instead of central heating, you could save more than several hundred dollars every year.