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Wind Generators Not Profitable
Harnessing wind energy to produce electricity doesn't pay, according to a recent study released by the Nebraska Power Association which monitored 18 commercially-made windmills across the state for nearly a year. The report concluded that under current regulatory and economic conditions, the best generator system studi
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Wind Generators Not Profitable ENERGY Wind Power 10-3-5 Harnessing wind energy to produce electricity doesn't pay, according to a recent study released by the Nebraska Power Association which monitored 18 commercially-made windmills across the state for nearly a year. The report concluded that under current regulatory and economic conditions, the best generator system studied would have to operate 107 years to pay back the $26,000 spent to buy and install it, even though most wind-generation systems have only a 20-year expected lifespan. Researchers found that most windmills provided an average of about 15% of the power used by their owners.
The association made the decision to study windmills because of a federal law which requires utilities to purchase excess power from customers. The study is used to advise customers interested in putting up windmills.
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