Is wind energy affordable?

Wind energy is affordable. Wind prices for power contracts signed in the last few years have ranged from 1.4–5.5 cents per kilowatt-hour, with an average of 2.5 cents per kilowatt-hour. 1.

How much does a wind turbine cost?

The cost of a domestic wind turbine depends on what type you go for, how big it is, and who installs it. The average cost of a small roof-mounted turbine (between 0.5 kW to 2.5 kW), is about £2,000 5. But these don’t generate very much electricity, so it will take a very long time to recoup that cost.

How much does a roof mounted wind turbine cost?

Before you take the option of getting a roof mounted turbine you need to understand that it will probably not provide all the electricity you need (though it may well take the edge of increasing fuel bills over the next 20 years). The average cost of a roof mounted wind turbine is around £3,000-£4,000 which will also need to be maintained.

Are home wind turbines a good investment?

As you’d expect, home wind turbines are much smaller than commercial ones, but they can still generate green energy for your household. There are two main types of small wind turbine for homes in the UK – roof-mounted and pole-mounted. Unsurprisingly, these are installed on the roof of your home and feed electricity directly to your property.

What is the best home wind turbine?

It will also survive winds up to 90 mph, so it should still prevail if you do have the occasional extreme gust. While the Prime Windpower Air 40 remains the best home wind turbine for most people and a non-scary, affordable entry point, you may want bigger if you want more power. That’s just how it works for wind energy.

What are the capital costs of a wind power project?

The capital costs of a wind power project can be broken down into the following major categories: Source: Blanco, 2009. Wind turbine costs includes the turbine production, transportation and installation of the turbine. Grid connection costs include cabling, substations and buildings.