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![]() The numbers make a lot of sense to go wind! Costs, rates and incentives vary state to state. Please contact us for a quote at your location. This is an example of an installation on Maui where costs are higher. Tax incentives
A Hawaii State tax credit is available for 20% of installed price ($500,000 cap). Together the federal and state tax credits equal $8,800 (based on a $20,000 installed price) for business installations. Additionally, businesses will also have the option of receiving their federal tax credit in the form of a cash grant. Accelerated depreciation is available for renewable wind. See your tax specialist for details. Payback With Hawaiian business electrical rates of $.40 kWh (MECO business avg. ‘08), Skystream’s payback, or the time it takes to recover the cost of the wind generator, is only 5.8 years. After that period, the unit will generate free electricity for the next 14 years or longer. If the electricity rates increase, as they have historically, the payback will be realized sooner. ROI – Return on Investment The return on investment (ROI) is 12%. When electricity rates increase then the ROI will also increase. This is an amazing return on investment for a business improvement that will save money.
If you order multiple units or a number of businesses (5) within the same area order at the same time we are able to offer additional savings. Due to substantial foundation costs, the overall cost of each windmill may be reduced if multiple sites are excavated and foundations constructed at the same time. Shipping costs may also be reduced if multiple units are shipped together. We are happy to pass along these savings directly to our customers. So, talk to your neighbors! |
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Award Winning Technology
Skystream 3.7™ was named a 2007 Top 10 Green Building Product by Sustainable Industries, a magazine for green business leaders. Skystream 3.7™ was also awarded a 2006 Best of What’s New award from the editors of Popular Science and was included in TIME magazine’s 2006 Best Inventions. → read more accolades
Windward ... |
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