"Skystream will change the way many Americans power their homes and take control of their energy costs," said Andrew Kruse, co-founder of Southwest Windpower. "Wind energy for the individual homeowner is finally main-stream."
With a typical cost of $8,000 to $10,000 to purchase and install, Skystream 3.7 can pay for itself in 5 to 12 years. This payback period will vary and can be much quicker in states with investment rebates. It's anticipated that Skystream 3.7 will save the average homeowner $500 to $800 per year, based on 4,800 to 6,600 kWh produced per year and a $0.12/kWh cost of electricity. This output would provide 40 to 90 percent of an average home's energy needs. In states like Hawaii, where the cost of energy and wind speeds are both high, Skystream 3.7 can pay for itself in less than 4 years.
"This new technology is an important step forward for small wind," said Robert Thresher, director of NREL's National Wind Technology Center. "As technology becomes more efficient at harnessing energy at low wind speeds, small-scale users will become more and more able to take advantage of wind power."