Stimulus may get small wind turbines spinning

The gale force of President Obama’s $787 billion economic stimulus package could breathe new life into an emerging industry: small wind turbines.

The bill provides a 30 percent investment tax credit to consumers who buy these turbines, which are typically used to help power homes or small businesses.

Even amid a recession, this tax credit “is going to blow the top off the market,” said Ron Stimmel, a “small-wind” advocate with the American Wind Energy Association.

The association predicts the federal subsidy could help the small-turbine market grow by 40 to 50 percent annually, a boost that would parallel the growth of the U.S. solar photovoltaic industry after a similar 2005 initiative.

Unlike the towering windmills sprouting en masse from the Western Plains, small wind turbines have a capacity of 100 kilowatts or less and are designed to operate on the consumer side of the power grid, often in combination with solar panels.

CNN Technology