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Estimated cost for systems producing a monthly output of 100 KWH Retail Solar Panels $5,300 vs Retail Wind Turbines $2,300
Home Built Solar Panels $1,000 vs Home Built Wind Turbines $700 You can get back about 50% of your system cost with government
rebates and tax credits.
A home paying about $100 a month for 1,000 KWH of electricity per month. Can save 10% a month with a 100 KWH per month solar/wind power system. 10% = $10 a month = $120 a year. If your paying more for power, Your savings increase. Retail Solar Panels $5,300 100 KWH per month system. $2,650 after rebates and tax credits. $120 yearly savings. It will take 22 years to pay for itself.
Home Built Wind Turbine $700 100 KWH per month system. $350 after rebates and tax credits. $120 yearly savings. It will take 3 years to pay for itself.
However, as your power bills increase, so will your savings. Lowering your payback time. Solar power was figured for the midwest. You can double your savings in the sunny states.
Also remember the KWH produced for wind turbines was based on an 11 MPH wind. At 20 MPH your KWH is doubled.
You can start small and grow into your energy independence.
And yes, If your system produces more electricity than you use. The
power company will pay you for your excess electricity.
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