Sunday, January 23, 2011

The Hidden Cost of Going Green

"But having paid a little extra to go green, many consumers are now encountering an unexpected irritation: They have to pay more than their neighbors to stay green. The price of maintaining, repairing and even getting insurance for green products can often be higher than for their ordinary counterparts. 'There are hidden costs that people don't think about,' says Tim Haab, an environmental economist and a professor at Ohio State University. And with many tax credits for energy-efficient upgrades likely to expire soon, some consumers are finding themselves having to recalculate the cost of being eco-conscious."

The Hidden Cost of Going Green - SmartMoney.com

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