How do wind turbines perform as an investment?
A properly installed wind system will usually recoup its investment through utility savings within six to 15 years and after that the electricity it produces will be virtually free. Over the long term, a wind turbine is a good investment because a well-sited wind system increases property value, similar to any other home improvement. Many people buy wind systems in preparation for their retirement because they don’t want to be subject to unpredictable increases in utility rates.
The wind system will usually recoup its investment through utility savings within six to 15 years and after that the electricity it produces will be virtually free. Over the long term, a wind turbine is a good investment because a well-sited wind system increases property value, similar to any other home improvement. Many people buy wind systems in preparation for their retirement because they don’t want to be subject to unpredictable increases in utility rates.
The wind system will usually recoup its investment through utility savings within 5 to 15 years and after that the electricity it produces will be virtually free. Over its life a small wind system can produce electricity for as little as half the cost of electricity today and that cost will remain the same for aproximately 20 years. Many people buy wind systems in preparation for their retirement because they don’t want to be subject to unpredictable increases in utility rates.