NJ Homeowners Windmill Results in Lawsuits.
Monday, July 30th, 2007A Homeowner in Beach Haven Terrace, NJ is facing a number of legal problems from his neighbors and local government over a 12 foot diameter wind generator mounted on a 32 foot high post in his backyard. This generator manufactured by Southwest Windpower is reported to have cost Mike Mercurio, the homeowner, green ethusaist and seller of alternative power generation for local homes, $15,000 to generate 25% of his power needs, the remaining power comes from 56 solar panels on his roof, about $50,000. The main problem cited by his neighbors is the noise from the windmill. According to the lawsuit, the sound, given off by the mill exceeds that of 50 decibels, considered the level of noise generated by light traffic on the street. The lawsuit also complains of strobing (flashing) shadows caused by the mills spinning blades.
These are the sort of issues that make solar a more viable solution for urban and suburban area. But with Mercurios system, likely costing $65,000, is it financialy benefitial? His gas and electric bills were “as high as $340″ a month, or about $4100 a year. Paying 8% for using a home equity loan, you would be paying $300 in monthly interest for the loan, which would result in you saving nearly $500 in each year if you never payoff the loan. As long as the system lasted 15 years without maintenance expenses, it kinda works, but to pay off the loan within the 15 years. This likely pushes the monthly cost of the loan $700
When you look at an all solar system, that has a 25+ year lifetime, it brings the loan servicing to about $550 a month for a 10 kw solar solution, about 50% more than the cost of power in Beach Haven Terrace, New Jersey
