Financial and Environmental Benefits

Financial

Generally, payback on your wind turbine investment depends on the following;

(1)Your total ESB bill

(2)What size windmill you would like to consider

(3)The efficiency of the location for wind generation. 

Example Payback period

A detached house would generally look at between a 3-6Kw wind turbine to meet their demands.

The payback for this would be approx 8 -12 years with the windmill lifetime estimated around 25 years

Therefore, you would have very low if not free energy costs for at least 10plus years after installation costs are saved!!!!

Environmental

Each year, for every megawatt of Irish wind energy that displaces fossil fuel power production, environmental, economic and social benefits

include:

> Clean electricity to meet the electricity needs of 650 homes;

> Removes the need to import 6,450 barrels of oil;

> The avoidance of 2700 tonnes of CO2;

> The avoidance of 49 tonnes of SO2;

> The avoidance of 5.5 tonnes of NOx;

> The avoidance of 175 tonnes of slag and ash for landfill.

(source:sei)