Taxes in the Wind

Friday, April 28, 2006

Don Weichmann (dbcm@intaccess.com) from Johnson Creek offers these thoughts on wind power development:
Renewable energy will be more important as time goes on and fossil fuels become scarce and expensive. It’s also becoming more apparent that global warming is occurring because of fossil fuel use. Wind energy is an important part of the mix of renewable energy.

A concerned homeowner could use a small wind generator to supply some of his energy but usually this costs more than what he has to pay his utility. Big wind, in the range of 1.5 megawatts (2000 horsepower) or more, is more efficient than smaller generators. A representative of Invenergy told me in 2005 that they could produce energy for $.035 per kilowatthour. Problem is a 1.5MW wind generator costs nearly $2 million. This is out of reach for most of us. So, why not form a group of investors and build a big tower? Well, this is easier said than done.
Read the rest of Dean's comments here.

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