Wind Generators Not Profitable

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.

To read the rest of this story, download this issue below or click here to register with your account number.