The second most useful and readily available piece of equipment for those looking to generate their own electricity, is a grid tie inverter. The first most useful is just to get a couple 100 Watt solar panels.
The grid tie inverter I guess senses the frequency and phase of the AC current in your house or apartment and sends the current to the meter in reverse. Today I watched my meter go backwards after hooking one up.
Now the thing is, it will probably not be enough current to kick you back a check from the energy company. However, it will certainly reduce your electricity bill. Additionally, your account with the energy company would need to be enabled for net metering to be eligible for kick back checks. This usually comes at a monthly subscription cost.
So up front, until you have 10 x 100 Watt solar panels or more, this piece of equipment can out of the box be used to reduce your electricity bill. The one I purchased was the "SolarEpic" 1300W grid tie inverter.
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