Comments about: Winds of change
AUGUSTA -- Clean, quiet, inexpensive energy is closer than many think.

A local business is taking steps to...
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devildog of augusta, ME
Apr 20, 2008 8:21 AM
laughing* all season home improvement gives it to elderly so bad. just another reason to give it to them more. badreport abuse
Joe Schmoe of Augusta, ME
Apr 20, 2008 7:20 AM
Outstanding! Anything we can do to reduce or remove our dependence upon coal-fired power generation is a win-win in my book.
I'm going to take a closer look at this option.
Wonder if I could install more than one in my backyard? Sell the excess to my neighbors or CMP.report abuse
anameutrust of Hallowell, ME
Apr 20, 2008 4:44 AM
With the average annual residential cost of electricity at about $1,000 - $1,200 and an estimated reduction in costs averaging about 65% and an installed cost of $13,900, the economics look awfully bad for personal wind-power.

If I put my money towards paying down the mortgage, the savings in annual interest payments will exceed $800 for each of the next twenty years plus I will have increased my equity by $13,900.

The $800 per year potential savings in electricity will be reduced in value by maintenance costs and depreciation and will not exceed my cost of money for the initial purchase.

If the federal government can justify subsidizing $10,000 of the initial cost based upon reductions in greenhouse emissions and in avoiding new investment for generation and transmission, homeowners and small businesses may find this more of a fresh breeze.report abuse

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