The Windspire is a 30-foot tall, propeller-free, vertical-axis wind turbine designed for harnessing wind power in urban, suburban and rural locations for both residential and commercial use. Each year, Popular Science reviews thousands of new products and innovations and chooses the top 100 winners across 11 categories for inclusion in its annual “Best of What’s New” issue, the best-read issue of the year. To win, a product or technology must represent a significant step forward in its category.
This award comes on the heels of the company’s announcement of its first volume manufacturing facility in Michigan that will be up and running next year, and the first multi-unit commercial installation of six Windspires at Devon Bank the first “green bank” in the Chicago, Illinois area.
Should you want one of these, the cost is approximately $5,000.00 plus $1000 for installation which only takes a couple of hours. This unit will generate 1.2 kW (1.2 kilowatt, or 1200 watts).
And to take the bite out of any sticker shock, Congress passed legislation, the Emergency Economic Stabilization Act of 2008, H.R. 1424, that includes a new federal-level investment tax credit to help consumers purchase small wind turbines for home, farm, or business use. A few hours ago, President Bush signed the bill into law. Owners of small wind systems with 100 kilowatts (kW) of capacity and less can receive a credit for 30% of the total installed cost of the system, not to exceed $4,000. The credit will be available for equipment installed from today through December 31, 2016. For turbines used for homes, the credit is limited to the lesser of $1,000 per kW or $4,000 of capacity.
So, have a wind turbine installed and get a 30% tax break right away, plus (depending on your kwh rate), completely pay for itself in a couple of years.
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