It is part of the “go green” trend and its getting more followers every year as the price of power goes higher and the cost of installation of homemade systems is going down. Here are the most common reasons to generate electricity with home solar panel and wind turbine.1 - To save money on electricity bills by using a free source of energy. Once the system is up and running, your power bills will go down in a drastic way. Energy from solar and wind is available for free. Turbine systems are available in several designs according to the way they store surplus power generated. For example:Grid Connected Off Grid Stand alone Hybrid System etc. Incidentally the applications of each of the above types will depend on the;Availability of the National Power Grid within an economically viable distance. Ability to sell back surplus power to the National Grid. Buy-back price of unit energy uploaded Whether a reasonable and consistent wind flow is available at the site through out. Street, making this city of 1,300 the first and only in the nation to run completely on wind power. The wind turbines are projected to produce 16 million kilowatt hours of electricity every year, which is actually 3 million kilowatt hours more than the city expects to need. The company that contracted with the city to build and install the turbines expect that the electrical output they provide will be enough to keep the electricity bills for every home and business in town at the current level for 25 years. A smaller wind turbine can produce 100 to 200 kW of energy. With the expense involved with purchasing a wind turbine it is more cost efficient to install a larger one as the cost needed to produce a larger turbine is not much more expensive then a smaller one. If you are interested in produce 600 kW of energy rather than 150 kW, so quadrupling the power, the cost only triples, it does not quadruple. A slight guide for the cost of a wind turbine is that it will cost you $1, 000 per kW power.
Source: Wind Power