Solar Vs Wind Power Cost

So it costs around 2 per kwh of annual production.

Solar vs wind power cost.

Below we ll discuss the reasons why people would consider wind energy over solar energy despite the difference in cost. On average a 5 kw wind turbine of decent quality will cost about 20 000 and will generate between 8 000 12 000 kwh per year. And the national average cost of installing solar is 3 08 per watt thus making the cost of a 7 kw system 21 480 before the 30 tax credit. In 2019 24 came from wind while 9 came from solar power.

That s more than twice the cost per watt of solar energy. Wind turbine systems can run as high as 65 000 installed while the average cost nationally for a professionally installed solar panel system is about 8 to 9 per watt. The report notes that photovoltaics have reached prices that are roughly equivalent to wind but those got there from a starting point of about 150 mw hr in 2009. Ok solar and wind are very different but which one is cheaper in terms of cost per kwh.

A wind turbine of 10 kilowatts enough to fully power a large house will cost about 55 000. So if the wind turbine lasts 10 years then each kwh of power costs 0 20. According to u s department of energy s 2014 distributed wind market report the average cost for turbines 2 5 to 10 kw in size a 10 kw turbine for example is a reasonably sized unit for powering a large home was 7 200 per kw with small wind turbine installed costs trending downward. Out of all the renewable energy produced in the u s.

Thus unless natural gas prices. And if the wind turbine lasts 10 years then each kwh of power costs 0 20. Meanwhile for solar systems you will need a 7 kw system to produce the same amount of power. In the united states wind power is significantly more popular than solar.