From saving money on utility bills to providing a source of clean and regularly accessible power, there are many great reasons to consider wind energy for electricity. Kurz Wind has all the details on what makes wind a viable option for power production. Whether you’re planning to tap into the power of wind energy for your residence or you want to set up a larger-scale wind farm for commercial power, there are many advantages in converting to wind electricity from wind farms for electricity.
1. Cost Effective
Although economics might not be one of the main reasons that you think about when considering switching over to wind power, wind energy is actually one of the most cost-effective energy solutions that you can choose. The Office of Energy Efficiency & Renewable Energy shows that wind power costs a mere 1-2 cents for each kilowatt-hour (kwh) of production, which makes it one of the least expensive sources of fuel in the world. In comparison, the cost of traditional fossil fuel-derived power ranges from about 12 cents to over 21 cents per kwh. Additionally, the electric power generated by wind turbines is sold at a fixed rate over a longer period of time through longer-term contracts that can last up to 20 years, which gives you some assurance and guarantee as far as the price that you’ll be paying for energy. Wind power also typically qualifies for additional cost savings that are not offered for conventional electricity, including state and federal rebates and tax credits. Within just a few years, you may pay off the cost of installing a wind system and even start producing an income from wind power. Conventional power, on the other hand, can have fluctuating rates that makes it hard to budget for electricity payments.
2. Environmental Benefits
Naturally, one of the primary advantages of wind power is its environmental benefits. Wind is a clean and renewable source of power. It doesn’t cause pollution or deplete finite supplies of fossil fuels. Traditional power that comes from fossil fuels adds many harmful contaminants into the atmosphere, including carbon dioxide, sulfur dioxide, and nitrogen oxides. These contaminants are responsible for a host of problems ranging from human health issues to acid rain, smog, and greenhouse gases. Converting to wind power instead can offset the harmful impacts of energy produced by fossil fuels. If you have a large wind farm, the environmental benefits are most significant, but even installing a smaller wind farm on your land can provide a noticeable improvement.
3. Economic Benefits
Wind power aids the environment, and it’s also a benefit for the US economy. Wind power is a great source of jobs creation. In the US alone, the wind energy industry employs more than 100,000 people. Wind power is also a leading source of jobs worldwide. As wind continues to increase in demand and popularity, it is expected to continue providing jobs at home and abroad for the foreseeable future. By 2050, estimates show that wind can create up to 600,000 new jobs in maintenance, installation, and manufacturing. Demand will also increase for wind-related services such as ongoing maintenance and system monitoring. The fact that wind power creates so many jobs at home will in turn provide a steady source of revenue for the US economy, which then makes the US more competitive economically on a global scale. Presently, the US adds about $10 billion to its economy each year in wind projects. That amount increases each year and makes the US well-positioned to compete globally in the clean energy sector.
From saving money to helping the economy, wind power has many great advantages. Don’t hesitate to ask the experts at Kurz Wind for more details on the benefits wind farms can provide.
Categorised in: Latest Wind Power Industry News - Kurz Wind Division
This post was written by Matt Passannante