How Do You Buy A Wind Turbine And Get A Tax Credit?
An important featured of the 2009 Economic Recovery Act was a 30 percent tax credit for a qualifying wind turbine purchase for a residence or small business. This credit (sometimes delivered in the form of a grant for non-profits) can shorten the length of pay back time period required to justify the purchase of a quality wind turbine. These simple steps will help you perform an initial analysis to see if your property is suitable for a wind turbine. Step 1 The first issue to considered is average wind speed at your location. Advancements in designs have lessened the requirements for wind speed needed to spin blades and produce power. For full power, however, most turbine systems require wind speeds ranging from 9 to 11 miles per hour. National wind maps with average wind speeds for the nation are available from the Department of Energy. Most areas of the nation, except for the southeastern United States will have average wind speeds that will allow a certain amount of wind energy to b
