Costs and Benifits
Wind turbine energy is not a new source of energy at all, but its integration into the city lifestyle has great effects on prices of living. Many housing units, called "affordable living facilities" are found trying to incorporate them into their buildings, with backup power sources in case there is no wind. The wind turbine costs about $10,000 for a small residential wind generator turbine, but is supposed to be able to cut annual energy costs up to $1,200. It has been known for these turbines to be able to power one-half to two thirds of a three to four bedroom house.
Urban wind power turbines are suppose to be able to drop prices of bigger buildings, like the ones seen along the New York skyline, up to half the amount of the original bill. This will make the cost of living substantially less than it used to be.
The only problem is the large initial cost of these urban wind turbines. Ranging from $8,000-$12,000, they are surely a large investment. In this type of economy, it may be hard for people to cough up that kind of money. The benefit, however, is the amount of money you will save over time. In just a couple years, the urban wind turbine will have paid itself off, but numbers show it does not affect anyone’s decision to rush into buying one.
New York has offered to cover half of the cost for the initial installment of the turbines; however, there is hardly anyone taking advantage of the discounted price. Just recently, the government has offered a 30% tax break, with a cap of $4,000, in hopes to generate a bigger desire to turn to wind power for homes.