To get a first cut estimate of the economic feasibility of a clean energy system in your location, try this program from the National Renewable Energy Laboratory: The program takes your selections, combines them with pre-collected data (electric rate schedules; federal and state income tax rates; federal, state, and utility economic incentives; local weather data; electric load profiles; and clean energy system performance) and analyzes the information using published research methods. The program includes potential economic incentives and tax benefits of purchasing a renewable energy system. You should confirm the availability of the economic incentives and you should consult your tax advisor about the tax deductibility of any interest payments before you purchase a system.
What are the factors in the cost of electricity from wind turbines?
See for an introduction from an industry perspective, the American Wind Energy Association (AWEA).
Financial support by the State of Oregon:
Individuals installing a wind energy resource for their home may be eligible for Oregon´s Alternative Energy Device Tax Credit. This incentive can provide up to $1,500 in income tax credits.
Financing wind energy systems in Oregon can be accomplished using the Small Scale Energy Loan Program. Fixed rate, fixed term financing can be arranged for businesses and individuals installing projects that pose conventional loan risks.
Business Energy Tax Credits are available to commercial developers of wind systems. This incentive is 35 percent of the cost to develop wind resources. Contact the Department of Energy before you start your project.
Financial support by the Federal Government:
The Federal Government provides financial support (depending upon appropriations, renewals):
