Our power requirements also change in different seasons. Go through your old bills and see how many units of power you consume on an average in a YEAR. Don’t make the mistake of simply analyzing the current electricity bill and only checking the fees.
You know how much power you need – Understanding your power requirements is essential before opting for alternate power systems. This may be due to several reasons like ecological issues, noise issues ( Yes, the wind turbines produce noise! If you can create some distance between your home and turbine, you will be fine) Your local authorities allow it – Some local areas don’t allow you to put a wind turbine on your property. Still, it’s better to have at least one acre of land on your residential or commercial property to give the turbine sufficient room to function and create some space between the turbine and your neighbours! You own 1 acre of land – This is not necessary. The slightly bigger turbines give you a better bang for your buck. Your monthly electricity bill is over $150 – To make wind power economically viable, you should have a sufficient power requirement. The residential wind turbine is suitable for you if The truth is that it is not suitable for everyone, and some people are better off going for other clean energy options like solar power. But to make an educated decision, you need to know both pros and cons of a residential wind turbine system. Some brands often oversell it by highlighting only positive aspects of it. The first step in owning a home wind turbine system is determining if you are the right person for it. Who is the perfect candidate for a wind turbine We have added $140 as annual maintenance fees – Through turbines, we don’t require much work once installed, but we have added some amount if it needs some repairs. However, we have provided a broader range to account for differences in individual needs and environmental conditions. Our calculations put it to 16 years – Based on our calculations, it will take around 16 years for the turbine to pay for itself. With this much power, you can expect to produce electricity worth $3500 per year with 2% annual increments. The annual power output of 27350 kWh – Based on the above-mentioned environmental conditions, this is the amount of power that you will get in a year. Please note that this speed is at the hub height. Hub Height Average Wind Speed of 7.84 m/s or 17 mph – These numbers are relatively realistic in terms of wind speed and will apply to most people. However, some models out there around $50,000, but we tried to give you a practical number and not an ambitious one. The cost of the turbine system is taken as $64,000 – We have surveyed multiple manufactures and found that an excellent 10kW turbine is around $64.000. 
We have also included the Nominal Electricity Escalation Rate of 2% per year.
The average cost of electricity we have taken is 0.13$ per kWh – this is the data provided by the US energy information administration. #Cost of home wind turbine plus
Plus this system gives excellent output for your spending. We have considered a 10kW system – A turbine of 10kW power rating is best to fulfill all of your power needs and even have some spare to sell back to the power grid.You are buying the system upfront with no loans – Adding the loans might make this project uneconomical for most people.We have made several assumptions and tried our best to cover the vast majority of people in them. We have gone through scores of research papers and put our mechanical engineering degrees to good use! We have put a lot of time and effort into coming up with the figure of 15 to 20 years. The difference lies in proper and accurate assessment to predict future power and financial outcomes with reasonable certainty. There are instances when people could get back their investment much sooner, and then there are others who were not so lucky. But this time can increase or decrease based on your power requirements, local wind speed, government incentives, etc. How long does it take a wind turbine to pay for itself? Generally, it takes 15 to 20 years for a wind turbine to pay for itself. So let’s answer the biggest question that you are struggling with It could eliminate electricity bills from your expenses if you assessed your conditions and finances correctly.
A home wind turbine system can be an excellent accessory for your home. You need to understand all aspects of it in great detail to determine if it is right for you. Adding a residential wind power system to your home is a big decision.
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