Monday, August 31, 2009

Considering a wind turbine

Bill and I were at the Illinois Renewable Energy Fair a few weeks ago. We stumbled across a wind turbine vendor who gave us some interesting information. There is a 30% rebate right (off of your tax liability) on renewable energy. I thought turbines were in the neighborhood of $65K+ but it turns out you can put one up that directly grid tied for less than $15K (pre-rebate). We arranged for a site inspection and are awaiting a final quote, but I confess that we are considering it. I will have to run the numbers and see what our payback would be, but if we could essentially be producing our own energy - that is a pretty enticing thought! (We use very little energy - no A/C, efficient lighting, etc. but I will need a couple of refrigerators and freezers at the farm.) Our initial calculations show that it could pay for itself in 10 years.

If anyone has information or experience, I would love to hear them.

2 comments:

Barb and Steve said...

How exciting! I thought it was much more expensive. What vendor are you working with?

angie said...

Hi Barb,

We are working with these folks.
http://www.e-squaredelectric.com/

There are a couple of installers that are closer to us in SW Wisc, but we spoke to these guys at the fair and Bill feels that it is important to support companies that take the time to educate the public and attend events like the energy fair.