Wind Power Cost: How Much You Will Spend

Whether you are thinking of building or using wind energy, it is important that you know the total wind power cost. This is because the truth is it does not really come very cheap.

The Pretty Hefty Investment on Energy

There are actually a lot of factors that can affect the total wind power cost. First is the speed of the wind. If there is not enough wind to create electrical power, you may have to build several wind turbines in a farm. That means you are going to spend more.

You also have to procure a huge land, and if you do not have one yet, you may have to purchase the area from a private sector.

If you are thinking of getting a small wind energy system, wind turbines costs may be between $6,000 and a little over $20,000—and that is only pretty basic. You need to spend more if you have greater electrical need.

It is no wonder that there are so many communities and companies that have to apply for grants and loans just to kick-start their energy wind program.

Anyone who wishes to set up wind power should also be aware that it usually takes several years before he or she can recoup the investments. In fact, it can go to as long as 15 years.

The Upsides

Because of the initial wind power cost, a lot of people are scared of changing their source of electricity. Nevertheless, there are quite a number of advantages or upsides to having wind energy.

Even if the cost can be pretty huge, it is definitely smaller than what you are going to pay for setting up solar panels. The source of energy can be replenished, so the number of years in your payback period does not matter anymore.

Let us not forget that wind farms and turbines can last for a very long time. In fact, you do not need to perform a lot of maintenance, which has the tendency to add up to your total windmill cost. There are only few parts to think about too.

You can also generate income out of wind energy. You can sell small wind power units, which may cost less than $200, or you can purchase wind energy stocks in the market. If you have your own wind turbine and you have excess electricity, you can sell it in your community and earn more.

Putting up wind turbines is also good for the environment and even for the health. You can help slow down global warming and climate change, as well as significantly reduce the amount of harmful fumes and gases emitted into the atmosphere.

So how much does wind energy cost? To know how much you will exactly spend on wind power, you may want to check out windmill price or wind turbine price list first. There are already several companies that can furnish you with copies. You can also go to the World Wide Web and download brochures.