Look for partnerships with local utilities and other groups who can purchase excess electricity. Some utilities are looking to encourage more existing facilities to generate electricity from renewable sources to increase their renewable portfolio. Also, t

Look for partnerships with local utilities and other groups who can purchase excess electricity. Some utilities are looking to encourage more existing facilities to generate electricity from renewable sources to increase their renewable portfolio. Also, they may be short on space to install their own system or need an experimental site for net metering. 

Account for inflation and increases in utility costs over the next few years to obtain a realistic cost-benefit analysis, as ROI and payback are highly dependent on utility charges for conventional energy. Look up the costs of electricity in your state an

Account for inflation and increases in utility costs over the next few years to obtain a realistic cost-benefit analysis, as ROI and payback are highly dependent on utility charges for conventional energy. Look up the costs of electricity in your state and projected price for the calculations. Also obtain the actual inflation rate current at the time of the ROI analysis. Retail residential electricity prices increased an estimated 8% during the first quarter of 2009 compared to the first quarter of 2008 according to a June 2009 report by the U.S. Energy Information Administration.

Find out if net-metering is available in your area. Net metering allows you to feed power that your system generates into the electrical grid and get paid for that power. This allows you to use the grid as a battery, which saves the cost and hassle of ins

Find out if net-metering is available in your area. Net metering allows you to feed power that your system generates into the electrical grid and get paid for that power. This allows you to use the grid as a battery, which saves the cost and hassle of installing and maintaining a battery system. (Without batteries, however, you won’t have back-up power to use in a power failure or idle periods). Typical PV, wind and other on site systems generate DC current which has to be stored for future use and converted to AC current for onsite application.

Contact an experienced renewable energy provider who can provide generation capacity for solar, wind or hydro systems installed onsite in a pre-feasibility study and identify potential obstacles. It is easiest to locate the providers through the trade org

Contact an experienced renewable energy provider who can provide generation capacity for solar, wind or hydro systems installed onsite in a pre-feasibility study and identify potential obstacles. It is easiest to locate the providers through the trade organizations or manufacturers. For example, a wind turbine manufacturer should be able to provide names of qualified vendors who can visit the site and provide a written feasibility report based on the site specific wind speed, hourly generation capacity, and major obstacles like neighboring buildings.