You may be suprised to know that the UK has more than 40% of Europe’s wind resources so why not take advantage of this renewable source of free energy with the latest generation of small wind turbines that Cotswold Renewables can supply and install.
When installed in the correct areas, wind Generators can give the highest return on investment of all the renewable energy technologies and payback on your initial investment is within a period of 5 years (sometimes even less – dependant on conditions)
In 2010, UK government legislation introduced a generous incentive dubbed ‘The Clean Energy Cashback’. Under the scheme, a tax-free financial reward is paid to owners of small wind turbines generating carbon-free energy who are helping the country to meet its renewable energy commitments.
An example would be for a 10kW wind turbine, every unit of energy generated earns 26.7p, regardless of whether the energy is used by the owner or exported onto the National Grid. Energy exported to the grid attracts a further payment of at least 3p per unit and of course energy which is used on site leads to a reduction in the usual energy bill, so is typically worth 12p per unit. Overall, owners with the 10kW wind turbine with a strong wind resource could earn up to an extra £14,000 per turbine per year including energy bill savings, paying back their initial investment in less than 4 years.