The Bottom Line: Will a Residential Wind Turbine Pay for Itself?

Some manufacturers will tell you that your residential wind turbine will pay for itself in six years. Frankly, that's probably not realistic. In real-world application, you will not completely recoup your investment for 15 to 20 years. That may not, however, be the best criterion by which you should base the decision to move forward.

Considering that the turbine has the potential (depending upon wind quality at the site) to lower your electrical bill by 50% to 90%. Many homeowners may pay power bills of no more than $8 to $15 for about nine months of the year. Granted, you will have made an initial investment of $22,000 to $45,000+ (minus a 30% federal tax credit), but on a monthly basis, you will see real savings.

If you were to add on a room, or renovate existing structural aspects of your home, your property would increase in real estate value, but there would be no resulting budgetary savings or potential earning capacity. Almost all residential wind systems are on-grid units, meaning the electrical utility is required by law to buy back excess energy created. It is entirely possible that the utility will owe you money at the end of the month.

If you add back-up, deep-charge batteries to your renewable energy system, you will gain a degree of independence from the grid. During high-use periods, when the grid is subject to outages or brown-outs, your turbine will continue to charge its batteries and your home will continue to have power. This is a real selling point for owners who live in regions prone to extended power failures.

Committing to a residential wind system, for those individuals who are dedicated environmentalists, makes a "powerful" statement in favor of clean energy free of the political entanglements that come with our national reliance on fossil fuels.

There is no getting around the fact that installing a residential wind system with sufficient capacity to make a significant difference in your home energy use is a large investment with a long pay-off period. It is not a renewable energy application that is right for all homes, if for no other reason than the fact that some sites simply do not have an adequate quality of wind.

Your investment in wind energy is -- and should be -- predicated on a range of factors completely unique to your given situation -- financial, geographic, electrical, philosophical, and political. Wind energy can be a very rewarding choice, in both monetary and philosophical terms, but do your research and base your decision on solid facts in order to move confidently into the world of clean, renewable power for your home.

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What electricity conscious home owners would like to know concerning residential wind power.

2 Responses to “The Bottom Line: Will a Residential Wind Turbine Pay for Itself?”

  1. Tax Credits For Home Wind Turbines - Energy Tax Credits - Windmills Says:

    […] Residential Wind Turbines: Maintenance Issues and Cost The Bottom Line: Will a Residential Wind Turbine Pay for Itself? […]

  2. Affordable Solar Panels and Wind Turbines Kits Says:

    Wind Turbines are the most efficient Renewable Energy Power Source, as long as you have enough wind speed in your area… While Solar Panel’s price are around 3$ per watts, wind turbines cost around 1.75$ per watts, including the tower. It is a huge difference!

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