Maintenance and operational costs of the wind turbines which consists of insurance cost regular maintenance repair and.
Wind turbines that incorporate solar panels.
The credit is for 30 through 2019 then decreases to 26 for tax year 2020 then to 22 for tax year 2021.
Learn more and find state and local incentives.
It expires december 31 2021.
In fact one wind turbine can generate the same amount of electricity per kwh as about 48 704 solar panels.
The cost of installing wind turbines is quite high compared to that of solar panels.
Obviously wind energy wouldn t be the only form of primary energy in the usa.
Wind turbine systems can run as high as 65 000 installed while the average cost nationally for a professionally installed solar panel system is about 8 to 9 per watt.
The primary benefit of wind over solar power for your home is that wind turbines aren t dependent on sunlight.
That means a 2 kilowatt kw grid tied system with no battery back up can run to 16 000 and a similar 5 kw system could cost upwards of 40 000.
But the enormous power generating capacity of wind turbines doesn t make wind energy a clear winner.
Utilities and large scale operations heavily utilize wind energy while homeowners prefer solar energy.
In 2019 24 came from wind while 9 came from solar power.
Solar hydro geothermal and biofuels will also play roles with solar being at least equal to wind generation.
The federal tax credit for small wind energy systems expired at the end of 2016.
Which is 16 000 compared to the 10 000 average cost of 4 kw generating solar panels.
A federal tax credit is available for solar energy systems.