How to make a small private power co-op?
The small power co-op is easy to form. The advantage of a co-op is you can share your costs and power with other like-minded people. The cost per kilowatt gets smaller as the turbine gets larger so it is in your best interest to purchase the larger turbine and share the costs. Through net metering, you can share the electrical production with up to 10 locations as long as the locations reside in the same municipality and on the same power utility. This means you and your neighbor and the apartment building on the other side of town can all purchase a larger turbine and place the turbine on the tall apartment building for better wind. You can then share the benefits as though the turbine was on your roof.
This allows the placement of the turbine to be put in the best wind location. The location is impportant because a 10 ft. turbine will produce 17,000kwh/yr in a poor wind location but as much as 36,000kwh/yr in a great wind location. Good site placement will drastically affect the benefits received from your investment.
The purchase of a wind turbine can also be used as an annuity investment for income. Even if you cannot use the electricity produced by the turbine, the monthly income from the power company will continue as long as the turbine is maintained and producing electricity. This is very similar to an annuity investment.
Urban Power USA will assist you in the process to form the co-op with your neighbors.
Follow this simple plan:
Step 1 - Find friends, neighbors, or business partners to join the co-op. Make sure to include a suitable location with good wind to site the turbine as one of the partners.
Step 2 - Select the turbine which meets your needs and decide what the electrical split with each partner is going to be.
Step 3 - Fill out all of the applications and permits.
Step 4 - Urban Power USA will do the rest.
Step 5 - Sit back and enjoy the benefits for years to come!!
