Transaction Lowers Project Costs, Makes Distributed Wind Economical for More Properties
BROOKLYN, N.Y., Jan. 20, 2017 — United Wind, the nation’s leading distributed wind developer, has purchased 100 Excel 10 wind turbines from Bergey WindPower, the nation’s leading small wind turbine manufacturer. This purchase represents the largest order ever, by number of units, for either company.
The Bergey Excel 10 wind turbine has a total rated capacity of 10kW and typically produces 15,000kWh to 25,000kWh per year depending on wind resource, enough electricity to power a home, small farm or business. The purchased turbines will be installed on United Wind customer properties throughout Central and Western New York as part of the company’s WindLease™ program.
WindLease enables property owners to lease a wind turbine and benefit from below market, fixed electricity costs for up to 30 years without any upfront expenses. “With WindLease, we empower rural property owners to immediately lower their cost of electricity and lock it in below historical inflation for up to 30 years,” explains Russell Tencer, CEO of United Wind. “This landmark order of 100 Bergey Excel 10 wind turbines demonstrates both the strong customer demand for WindLease as well as the beginning of the maturation of the distributed wind industry supply chain, which will enable the industry to compete in more markets as we continue to focus on lowering installed costs.”
“We are pleased to be the exclusive 10kW wind turbine supplier to United Wind’s pioneering WindLease program, which allows customers to enjoy the benefits of a small wind system without the burden of high upfront costs,” adds Mike Bergey, President & CEO of Bergey WindPower. “This latest order for Bergey turbines by United Wind is the largest single purchase of small wind turbines, as measured by units, in U.S. history. It’s a major victory for U.S. manufacturing and the small wind turbine industry.”
The US Department of Energy has recently estimated that distributed wind power is feasible for approximately 49.5 million residential, commercial, and industrial sites across the United States. The overall maximum resource potential for distributed wind turbines of less than 1 megawatt in size is estimated at 3 terawatts (TW) of capacity or 4,400 TW-hours (TWh) of generation—more electricity than the United States consumes in a year.