Wind - Solar

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RENEWABLE ENERGY

Renewable energy is clean, affordable, domestic, and effectively infinite. It produces no emissions and results in cleaner air and water for all. Renewable power creates jobs and generates revenue for local communities. Revenue from solar and wind farms helps stimulate local economies that need new roads, schools, libraries, and hospitals.

The United States has some of the best wind resources in the world, with enough potential energy to produce nearly 10 times the country's existing power needs. Wind energy is now one of the most cost-effective sources of new generation, competing with new installations of coal, gas and nuclear power. Its cost has dropped steadily over the past few years, as wind turbine technology has improved. Currently, over 400 American manufacturing plants build wind components, towers and blades.


RESIDENTIAL WIND TURBINES

Many cooperative members are interested in owning renewable energy systems, particularly wind, for their homes, businesses, or farming operations. A common question asked is how much money can be saved in future electricity costs in comparison to the investment. Listed below is the comprehensive “Small Wind Cash Flow Model” (Microsoft Excel) which can help you analyze the economics of investing in a small wind turbine.

 There are many variables that have an impact on the economic viability of a small wind machine.
 This model’s input includes many of these variables:

  • project costs
  • interest rates
  • electricity generated
  • retail electric rate
  • project life
  • grants and loans
  • O and M costs
  • electricity consumed
  • utility’s avoided cost of generation
  • discount rate

Once you open the spreadsheet, click on the “instructions” tab at the bottom for input and term descriptions.

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Headquarters Pine Bluffs - 6270 County Road 212 • PO Box 519 - Pine Bluffs, WY 82082