Residential Wind Turbine Cost [Buy or Build?]

Introduction:

If you are planning to purchase and install a home wind turbine, but you are familiar with the expenditure, then this write-up will help you. It provides an overview of the residential wind turbine cost. It also sheds light on how to save money when opting for a residential wind turbine and other related aspects.

Cost of Residential Wind Turbine:

Determining the expenses of a residential home turbine will significantly vary from the size, power capacity, and other essential equipment. Approximately, a wind turbine below 100-kilowatt can cost between 3,000 dollars to 8,000 dollars per kilowatt. On the other hand, a home wind turbine with 10-kilowatt should cost around 50,000 dollars to 80,000 dollars or more. Overall, a residential wind turbine will cost less, but it will be more costly per kilowatt of capacity. Besides, some incentives and taxes can significantly impact the cost of wind projects.

Apart from the installation expenses, a standard residential wind turbine will cost approximately 30,000 dollars. You should note that more expensive variants are available in the market, which can cost around 70,000 dollars. If you do not have sufficient money, then you can opt for less expensive wind turbines. However, they do not generate an adequate amount of energy.

The expenditure for large scale or commercial wind turbines can range between 1.3 million dollars to 2.2 million dollars per megawatt of capacity. Nowadays, many industrial wind turbines have a power capacity of two megawatts and can cost approximately 3 million dollars to 4 million dollars. 

How to Save Money with Residential Wind Turbines?

Purchasing and installing a residential home turbine is one of the effective ways to reduce your electricity bills. It can significantly minimize your bills up to the extent that you end up paying only half of the actual electricity bills. Nevertheless, it would be best if you consider the cost of installation and the speed of wind in your location, which comes under the overall expenditures.

Today, a modern home will need around 9000 kilowatts of electric power per year or up to 700 kilowatts per month. Your wind turbine will be able to generate electrical power around 5-15 kilowatts if you are living in a location with moderate wind speed. This electric power will be sufficient to run an average home. However, if there is a significant amount of wind speed, then your wind turbine will produce more the required electricity. The good news is that you can sell your excess power to make some income. 

Points to Remember when buying Residential Wind Turbine:

Opt for an automatic braking system when purchasing a residential wind turbine. It will protect your wind turbine during a storm or high-speed wind.

Look for a wind turbine that has a cut-in wind speed of six miles per hour or below.

Ensure that the home wind turbine kit you choose to buy comes with instructions for easy installation.

You should select a wind generator that comes with MPPT power tracking, which indicates that it is exceptionally efficient.

It would be best if you opt for a residential wind turbine that features weather-resistant and UV protection coating.

You should remember that some home wind turbines are compatible with other alternative energy systems such as solar panels.

According to experts, the speed of the wind increases with heights. As such, to ensure adequate generation of power, you should buy a taller tower or pole for your wind turbine.

You should never place your wind turbine on the roof. Installing it on your roof will significantly impact the system and structure of the roof. Besides, it is not safe.

If you are a beginner, then it would help if you do not opt for the latest home wind turbine kits. The best choice would be to opt for the tested models. You should also check for the warranty period before purchasing it.

For easy maintenance purposes, you should select a tilt-down tower.

We also recommend adding an insurance policy for your wind turbine. It will help to cover any damages caused by extreme weather conditions, thereby reducing additional expenses.

Benefits of Residential Wind Turbines:

You should note that the benefits of residential home turbines will significantly depend on its efficiency and speed of the wind. As such, the more power your wind turbine generates, the more will be the advantages.

One of the essential benefits of installing a residential turbine is that it reduces electricity bills. Some of the other benefits of residential wind turbines are as follow:

• It significantly reduces pollution as it is a renewable form of energy.
• You do not need dependence on the energy grid.
• Enhanced energy efficiency.
• Allows you to make income by selling the excess generated electric power.
• It allows for easy maintenance.

Conclusion:

To sum up, residential wind turbine cost significantly varies depending on the size, power capacity, and other essential equipment. To ensure less expenditure, you should remember the above-discussed points. It will also help you in choosing the best home wind turbine that can generate an adequate amount of energy.