How To Make Money With Renewable Energy: Best Ways To Make Money

Recycle the sun. Harness the wind. Generate energy from garbage. There are lots of ways to make money from renewable energy projects – from generating your green power to wind turbines and solar panels.

There’s no doubt that renewable energy is on the rise. Climate change and new government regulations are forcing us to stand up for mother earth and do what’s right. Everyone wants to be part of the clean energy movement — but we all still want to make money while we do it. 

Are you interested in making money with renewable energy? This article highlights the best ways to make money and enhance sustainability.

1. Install Solar Panels and Sell Electricity

Solar panels are a useful way to make money with renewable energy. The sun is one of the most abundant natural resources. By installing solar panels on your roof, you don’t just help the environment but also provide an opportunity to make money with renewable energy. This is called going green.

In Australia for example, the Renewable Energy Target scheme allows those who install solar panels on their roof to sell the excess electricity they generate back into the grid and use it themselves. Forgoing the use of fossil fuels and relying entirely on solar power is a way to save money and help the environment at the same time – two great reasons that go hand in hand.

Solar panels are a great way to generate quick, easy money from renewable energy. Simply install them on your roof, sell the electricity they produce, and you’re well on your way to making money with renewable energy.

It is both easy and cheap to get started with renewable energy and while it isn’t a get-rich-quick scheme, it will make you some money in no time.

2. Sell Solar-Powered Products and Services

Solar panels are one of the first things that come to mind when you think about renewable energy. But there are many other ways to make money with solar power, particularly if you’re interested in getting into the business of selling solar products.

One way to make money with renewable energy is to sell solar products or services to make money. You can do this by selling solar-powered products like solar panels, home wind turbines, and even small solar-powered generators. 

You can also offer solar services like installation, maintenance, and monitoring of your customers’ solar-powered devices. Some of the best and easy to sell solar products are;

  • Solar-powered fans
  • Portable solar-powered USB chargers
  • Solar-powered garden lights
  • Solar-powered street lamps

SEE: How to sell online – A complete guide

3. Raise Money for Green Projects By Crowdsourcing

The world is full of people who want to help tackle climate change, but they don’t have the cash to invest. Crowdsourcing can help attract billions of dollars of investment money. If you have renewable energy products or services that are currently sitting idle, sites like “Greencrowd” help fund-raisers get funding to develop products. 

For example, if you’re creating a new wind turbine in the next six months and want to raise some initial capital to help in its development, Greencrowd will let you raise money in increments in exchange for projects that include various payouts by the projects’ completion.

Crowdfunding is a great way of raising both awareness of renewable energy projects and the money to make them viable.

4. Invest In Green Companies/Shares

Another way to get exposure to this industry is to purchase individual shares in renewable energy companies. It could be companies that produce energy through wind turbines or solar cells, or they could produce metals and other commodities necessary for developing these products.

Stock market investors can easily buy and sell stakes in companies listed on the market. The best strategy for investing in individual companies is to view them as long-term assets. Furthermore, you should not invest all your money into one company, as fortunes and share prices vary greatly.

Rather, you should include them in a diversified portfolio to spread your risk. Stocks can both rise and fall. To learn more about the risks associated with investing, make sure to read a company’s balance sheet.

5. Make Money By Hosting Renewable Energy Seminars 

If your interest in renewable energy has grown out of concern for the future, you can make money with renewable energy by conducting seminars on how to save energy. There’s no better way to start teaching others about the potential profits from renewable energy than through hosting seminars.

Asking for money is not always easy. Presenting a seminar is a great way to do that. And, even if anyone really isn’t interested in saving money backed by renewable energy, several people are interested in saving energy anyway.

Host seminars at your business or community center to save energy in the workplace. You can explain the benefits of renewable energy, like solar power, and how it can benefit your business. Then demonstrate how backup systems with battery backup systems will allow your business to survive in the event of an emergency.

SEE: How to make money with webinars 

6. Start a Blog About Renewable Energy

Businesses and homeowners are embracing renewable energy sources, such as solar panels and wind turbines, to reduce their carbon footprint. You can make money from a blog that focuses on renewable energy. 

Start a blog about the benefits of renewable energy and provide tips for businesses looking to go green with their energy source. If you write about renewable energy and have knowledge that is not easily available elsewhere on the web, then monetizing your blog should be easy.

Getting started with a renewable energy blog is a simple way to make a little extra cash. First up, you need a blog or website to host your content with. You can use WordPress or Blogger (free). In general, they are called website builders and you have many options to choose from today. 

Green energy is an undiscovered gold mine. If you’re savvy, you can tap this industry to start making money today.

SEE: Best ways to monetize your blog

7. Offer Consulting Services To Homeowners and Business Owners

Yes, you read that correctly. Before buying a solar system or wind turbine, many homeowners and businesses find that they have questions about how they work, what the costs are, and who will install them.  

One easy way for solar and wind professionals to generate leads is to offer consulting services. This allows you to help people understand the pros and cons of each option. Additionally, you assist them through the process of figuring out which installation works best for their situation. 

While you probably won’t be able to charge more than a few hundred dollars for a consultation due to low hourly rates, word-of-mouth can drive a steady stream of leads for years.

Consulting services can include energy audits, education on renewable energy sources, introducing new technologies, and showing potential cost savings. This is a great way to help others lower their energy bills and do something good for the environment at the same time.

8. Build and Help Manage Greenhouses

Greenhouses produce plants of all kinds, including vegetables, flowers, herbs, and more. The plants grow using sustainable energy like solar energy, rainwater collection, and wind power. A greenhouse business may be able to make money with renewable energy by selling produce to grocery stores or directly to customers.

You can easily set up a greenhouse and sell your products. It will take time and effort, but you can derive an income from it. This may be the easiest way to get started and make money with renewable energy. You don’t need any special training or knowledge, just some seeds and a place to put a greenhouse. 

You can build one in a shed or a garden, then start growing plants that you could sell in the market. Annual revenue of $15,000 to $20,000 can be generated by a greenhouse of about 700 plants

9. Become a Wind Turbine Technician

It sounds technical, but it’s quite simple. You look after the machines making green electricity and get paid well for your time. Wind turbine technicians are responsible for the maintenance, repair, inspection, and asset management of wind turbines. 

Additionally, wind turbine technicians have knowledge of complex wind turbines. It may be worth your while to become a wind turbine technician if you enjoy working with your hands, challenge yourself, and aren’t afraid of heights. 

To meet the needs of businesses and homes, the ideal candidate will have a passion for overcoming obstacles and mending damaged structures. Training and education are necessary for the position since it can be challenging.

Wind turbine technicians are in high demand right now, meaning there are plenty of opportunities to make money with renewable energy. You’ll need to be qualified to work on turbines, but the right training position could put you at the start of a great career.

Normally, wind turbine technicians work full-time. An unexpected malfunction of a wind turbine can sometimes be fixed by a technician on call. Additionally, the hourly wage is approximately $25. 

10. Consider Working for a Green Company

What’s better than making money with renewable energy? Making money with renewable energy and loving what you do. For many people, switching to this life-enhancing option is the right path. By choosing solar energy over fossil fuels, you are putting your passion to work. 

Also, if you live in an area where wind and solar farms are being built, for instance, you could apply to work in one of these facilities. They often do not require advanced specialties, but they will pay well to keep their operations running smoothly. 

If you can find regular employment with a green company, renewable energy certifications may be required depending on the job title.

Green jobs are one of the fastest-growing areas in today’s job market, so consider looking into green companies that need employees like yourself. Imagine working with a company like Tesla. This is not only a great way to make money, but it’s also helping the environment.

FAQs

What is renewable energy?

Renewable energy is energy that comes from ongoing environmental processes, such as sunlight, wind, rain, tides, waves, and geothermal heat. It is naturally replenished and sustainable. 

Can you make money with renewable energy?

Yes. The renewable energy industry is growing and offers a vast number of business and employment opportunities to make money. First and foremost, you need to know there are many different types of renewable energy. 

Solar, wind, and thermal make up the main three, but you can also include biofuels and hydroelectric power as well. You must also know that these sources of energy provide a range of capacities/deliveries. 

Understanding this process will allow you to determine if it is right for you. This article has highlighted the top ways to make money with renewable energy.

Is renewable energy a good investment?

Yes. Renewable energy is a good investment for several reasons. It is becoming more and more recognized as a better, safer alternative to fossil fuels. Renewables continue to see a large rise in the number of business models, which indicates a growing public acceptance.

Final Thoughts 

For more than a century, Americans have been using the sun to power their homes. From solar water heaters to solar window blinds, the benefits of solar energy for all climates and lifestyles are growing by the day. There has never been a better time to make money with renewable energy.

Besides, considering you are already working to promote a green environment, it only makes sense to pursue a green business as well. See the article on green business ideas to make money without harming the environment.  

In addition to generating income from renewable energy, you could also consider starting a business. See the article on niche business ideas if you want to start a business but do not know where to begin. 

For more business ideas, feel free to explore Tosinajy. On the blog, you will also find other ways to make money

Thank you for reading.