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Energy cost is more than the current price of the product. For example the cost of installing solar panels is much higher than the cost of a gas forced furnace. However if you look at the savings and how that cost breaks down over a number of years, solar panels are the more cost effective option. The energy cost for renewable energy is going to be one of those costs that initially is higher because it is not the standard yet. Hybrid cars are another example of an item that costs more initially. However the energy fuel that they use such as biodiesel is renewable. Eliminating our dependency on foreign oil is another way to cut energy cost. Green energy used to create energy fuel and reduce energy cost is the way to go. Green energy is good for the environment too. It reduces pollution, thus eliminating greenhouse gases. Finding ways to create energy and energy fuel that is renewable is important to the future of the earth as well as important to life as we know it. Without electricity, our lives would be very different. Other ways to cut energy costs is to replace your old appliances with Energy Star home appliances, learn to turn out lights when you leave a room and turn off the phantom power to electronics when they are not in use. Reducing energy cost not only saves the planet but it puts some green back into your wallet, which is something we could all use more of anyway.