Currently wind-generated power is the most cost-effective and can produce power at prices equivalent to those produced at a coal-fired power plant. In 2004, the DOE put the cost of wind-generated power at 3 to 5 cents per turbine it is likely that as technology has improved, prices are still being brought down. However, prior to the recession wind turbine prices were driven up because demand outstripped production and drove the costs of buying and building a wind turbine up. And Windustry.org puts the cost of a large-scale wind-turbine at $1.2 million to $2.6 million, per megaWatt of nameplate capacity. installed. For a smaller site, like a home, costs are projected to be $3,000 to $5,000 per kilowatt of capacity. The average home uses about 10 kilowatts, so such a turbine would cost between $35,000 and $50,000.
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