How Much Does A Windmill Cost and How Much Can You Save With It?
One of the most common questions a lot of people are asking these days is “how much does a windmill cost?” A windmill is now considered as one of the alternative sources of energy that are safer for the environment and friendlier to the pocket.
More and more households are now investing in residential windmills so they can save on their electricity bills. If you are considering the same option, it is best to gauge the cost of the investment and compare it with the overall savings you can expect in the long run.
The most important thing you have to know is that you need to be prepared to spend quite a sum as your initial investment, just as it is with solar panels, so it will take some time before you will feel the difference.
Small, Mid-Sized, and Big Windmill Price
You can build yourself a windmill at the price that you prefer by choosing the proper type of windmill that is appropriate for your needs. Residential windmills come in small, medium, and big sizes, so you can get different energy supply levels. If you have a small home, you can make do with a smaller windmill. If you have more electrical needs, a mid-sized or a big windmill will be better.
So how much does a windmill cost in reality?
Larger ones can cost you up to $15,000 dollars; at this price, you can produce around 400 kwh of energy per month. The smaller ones start at $4000; the final price depends on the amount of kw expected from the machine.
How Much Can You Save?
On average, an American household requires around 700 kwh of electricity every
month, so if a windmill is available, the household only needs to pay for 300 kwh of energy. Thus, the electric bill is significantly educed.
Other Cheap Windmill Investment Options
If you really want to start saving money on your electric bills, you can also choose to buy windmills that have already been used before. Used windmills cost significantly less and will still help you save on electricity for quite some time as long as you choose the right secondhand product to buy. Buying secondhand makes you an easy prey for low quality or defective products, so you have to be especially careful.
Depending on where you live and what kind of weather your area is most prone to, your investment will eventually pay off in just five to ten years.
Wind Turbines Price Difference
You also have the option to invest in a wind turbine, which is expected to cost you around $2000 per kw for the smaller wind turbines when used in peak capacity. Prices vary depending on which company you buy from. If you need to generate more than 500 kw of energy, a small turbine of this price range won’t do, so you have to buy larger ones, which will cost a lot more.