Electricity for my off-grid cabin comes from solar and wind power stored in a bank of four 6-volt golf cart batteries wired for a 12-volt system. A charge controller and battery minder keep my system from under- or overcharging. The whole shebang cost me less than $1,000, and I have lights, fans, a television and stereo, refrigeration, and a disco ball that goes up for special occasions.
The political purpose of incentive policies for PV is to facilitate an initial small-scale deployment to begin to grow the industry, even where the cost of PV is significantly above grid parity, to allow the industry to achieve the economies of scale necessary to reach grid parity. The policies are implemented to promote national energy independence, high tech job creation and reduction of CO2 emissions. Three incentive mechanisms are often used in combination as investment subsidies: the authorities refund part of the cost of installation of the system, the electricity utility buys PV electricity from the producer under a multiyear contract at a guaranteed rate, and Solar Renewable Energy Certificates (SRECs)
If you regularly find your lawn furniture blown over, or have to collect it from the neighbour’s yard, your house needs to be repainted every year or two because it constantly gets sand-blasted, and where the trees have funny shapes (and not because your power company has been doing the pruning), that is when you know you live in a windy place where a wind turbine is likely to make economic sense.
Besides getting a working product, the one measure you are after as a small wind turbine owner is how much electrical energy it will produce for your location. Hopefully by now you know the annual average wind speed for the height that you are planning to put your turbine at, and you have selected a site with little turbulence. Forget about the manufacturer’s claims; it turns out that the best predictors for turbine energy production are the diameter and average wind speed. Here is an equation that will calculate approximate annual average energy production for a grid-tie horizontal axis turbine of reasonable efficiency:
Solar electricity is inherently variable and predictable by time of day, location, and seasons. In addition solar is intermittent due to day/night cycles and unpredictable weather. How much of a special challenge solar power is in any given electric utility varies significantly. In a summer peak utility, solar is well matched to daytime cooling demands. In winter peak utilities, solar displaces other forms of generation, reducing their capacity factors.