A wind turbine is a device that converts the wind's kinetic energy into electrical
energy.
Things to
consider for wind turbines:
Lots of residential properties are not suitable for wind turbines.
You must have enough wind in your area.
Your house must be located on at least 1 acre of land.
Local zoning codes in your area allow wind turbines.
Must be comfortable with long-term investments.
Your average electricity bills are high, or you don't have access to utility grid power.
Wind Turbines
There are three different kinds!
There are three different wind turbines that homeowners can use. Roof-mounted wind
turbines:
Usually, they cost from $2000 to $5000.
These most likely will not save enough to break even on the purchase.
Small wind turbines:
They cost between $3,000 and $5,000.
These can not provide enough energy to completely power most homes.
Standalone domestic wind
turbines:
Most homeowners using wind turbines as their primary source of electricity install
5 to
15 kW of wind power capacity, which means they can expect to pay between $15,000 and
$75,000.
A 2.5 kW standalone domestic wind turbine will take around 20.6 years to break even.
This is
also the average lifespan of a domestic wind turbine
Incentives:
\
Any house in the United States that uses wind turbines to
generate electricity qualifies for the federal tax credit, even if it is not your
main home.
The amount of the credit you can take is a percentage of the total improvement
expenses
in the
year of installation:
26% tax credit -till 2021
30% from 2022 - 2032
26% in 2033
22% in 2034
The tax credit will expire.
Grid-connected wind systems are cost-effective because excess
electricity
is returned
to the power grid and can earn homeowners’ direct rebates or credits from local
utility
providers.