Alright, guys... first off, as helpful as they may be to some people, store-bought stills are not necessarily the way to go. Also, for the purpose of making a solvent, pot stills are not the way to go. You need a reflux still.
Long before I realized the value of psychedelics, I made my own 90% ethanol in a home-built reflux still, which I used to make absinthe. I still use my own ethanol as a solvent in many situations, like for making caapi or salvia extracts. It is cheap, and fairly easy. Dorge really is right that the major costs involved, besides the initial investment, are in the turbo yeast and sugar. It takes about $8 US dollars (a very liberal cost estimate) for the raw materials to ferment 20 litres of >20% alcohol wash. My still, which is NOT particularly huge (I successfully hid it from my parents for a year, at the beginning), cost $150 US dollars in materials (including the propane torch, boiler, and portable stove to heat it on) and puts out about 1 litre of 90% alcohol per hour after it's warmed up.
I recycle the cooling water, so that's maybe a half cent of electricity (once again, liberal estimate) and $2 of wash to make a litre of 90% ethanol.
It's not expensive, in fact it's a lot cheaper to make it than buy it here (where Everclear costs a lot more than one euro a litre). Despite the low materials and power consumption, I would agree that it is probably more ecologically friendly to buy ethanol. But it's cheap, and fun, to make it on your own.
Everything that got me started is on here:
Distillers Wiki
Look at reflux stills, and fractionating column stills. This is the sort of equipment that would be used for making ethanol as a solvent; all of those dinky little counter-top pot stills that they sell online are for making schnapps in your kitchen as a hobby.