At Home Wind Turbines Still Expensive

The home market for silent-spinning wind turbines has promise. As turbines improve, the energy they produce can cover the needs of a typical home, selling power to the grid when it is not needed.

Viryd sees $100 milliion in annual sales from its first home turbine, which will be available next year

However cost remains a market inhibitor.

Consider the efficient new spinner from Viryd Technologies. The Viryd 8000 will hit the market in the first half of 2010. It will generate relatively little noise and is rated at 8 kilowatts, roughly what a home demands.

It’s cost: $30,000 installed. Even though some states offer rebates of as much as $10,000, the turbine remains an expensive purchase to avoid home electric bills of $200 a month.

About 14 or so makers of home wind turbines serve the market today. But Viryd CEO John Langdon sees an attractive opportunity for his company of $100 million in annual U.S. sales.

He said at the Dow Jones Alternative Energy Innovations conference the company will initially target markets in Portland, Or, Las Vegas and San Bernardino County, where steady, strong winds justify the use of turbines.

“Small wind is a growth market,” Langdon said. That will certainly be the case when volume production cuts turbine prices in half.

4 Responses to At Home Wind Turbines Still Expensive

  1. Jacko says:

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  2. JoJo says:

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  3. Johnnie says:

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  4. Jack says:

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