Advantages and Disadvantages of Domestic Wind Turbines
There are certain advantages and disadvantages which are associated with domestic wind turbines, including the fact that they are able to dramatically reduce the amount you pay each month with regards to energy costs. With the rising price of electricity and other utilities, wind power is becoming increasingly popular with those who are looking for an alternative more environmentally-friendly and inexpensive source of energy. Wind turbines are very inexpensive to keep running and require very little maintenance which is ideal for those who cannot afford to sink a lot of money into repairs and other expenses.
As far as financial incentives for those who have wind turbines is concerned, there are some that you should be aware of if you have been thinking about making the switch to this alternative energy source. Even though there is still quite a bit of work to be done with regards to offering financial incentives for those who have domestic wind turbines, there is legislation pending that could change things. The Production Tax Credit or PTC was extended in 2008 and it could offer “wind power credits” for each kilowatt hour which is produced over the course of 10 years, though homeowners may not be able to benefit from it as much as others.
There has been legislation passed within the last few years to provide grants and other loans for domestic wind turbines. You will want to look into what your state’s policy is so you will be able to see what kind of financial incentives you can get. Depending on where you live you could get the financing for a new wind turbine, though that is not the case in every state across the country. It will be important to do some research so you will be able to see what kinds of opportunities your state offers people who want to set up these wind turbines.
Those who plan on building one of these wind turbines near their home will want to consider a few things before making any final decisions. It is important to determine whether or not you live in an area that would make wind power a viable option. Although it is true that wind power is viable in many different kinds of geographic locations, there are some places where it works better than others. Wind turbines tend to work much better in wide open rural areas rather than in urban areas where there are lots of surrounding buildings and homes.
These wind turbines have a significant dollar value attached to them, making them somewhat expensive to build. The cost of an urban wind turbine system runs anywhere from $6500 to $1500 dollars, not including the cost of installation as well as the tower. When you consider how much money just one of these turbines can save you long term with regards to energy costs though, they can definitely be worth it. Unless you plan on doing the installation aspect yourself, it is another major expense to consider.
Although not everyone can afford to build one of these near their home, they are indeed a great investment overall. The amount you will pay for the turbine system itself will be determined by how large it is and therefore how powerful. Those who have small homes in a city area will most likely not have to build a very large turbine but rather a smaller one that generates just enough energy. These wind turbines will not be able to take care of all your energy needs, though they are a nice environmentally-friendly alternative which more and more people are starting to explore.