American Agricultural Wind Energy Finance Program

XZERES Introduces American Agricultural Wind Energy Finance Program

aawefp XZERES Wind Corporation announced today the introduction and availability of its new customer finance Program, targeted at the American Agricultural industry. This program offers 100 percent financing of the XZERES Wind Turbine System cost, including complete turnkey installation.

    “Eliminating the up-front out of pocket costs is a powerful incentive for
    customers interested in the long-term benefits of installing a distributed,
    wind energy system.”

    Frank Greco, CEO XZERES Wind Corp

This program enables U.S. agriculture producers to lock in lower energy costs today by enabling them to generate much or all of their electrical needs. With Federal Tax Credits and other incentives available for small wind turbine purchases, this XZERES financing program can further increase agricultural producers net cash flow.

    “We are very pleased to introduce this financing program which provides
    a very attractive option for our customers to purchase XZERES wind systems.”
    Steve Shum, CFO XZERES Wind Corp

With approximately 2 million farms in the United States (according to The USDA), XZERES is pleased to offer this program to a large market that is well suited for small wind systems.


    √ Zero Down
    √ Zero Out-of Pocket Costs
    √ Competitive Rates


All XZERES applicants must pass a credit check to qualify for zero down, and zero out-of-pocket costs.


Farmers Who Offset Monthly Utility Payments w/Wind Energy See Substantial ROI

XZERES 442American Agriculture producers can offset monthly electric payments with a financed wind turbine system. Payback periods for these wind energy systems with the XZERES finance program is 5 years. With net incentives taken, U.S. Agriculture producers can actually make money with a wind turbine system the first year of installation. Our turbine system financing application takes only minutes to complete and can give back a lifetime of cheap power today.

Case Study New York State

XZERES 442

Assumption

Location

Baiting Hollow NY

Avg. Wind Speed

17.1 mph

Annual Energy Output

34,522

Estimate @ 120 feet tower height

Total Installed Cost

$100,000

Federal Tax Incentive (FTI) / Grant

$30,000

30% tax credit or 1603 Grant

LIPA Small Wind Incentive

$60,000

60% of total installed cost

Total Cost to End-User after Incentives

$10,000

Depreciation (10 years)

$10,000

Annual Cost over expected life

$400

Annual Operation / Maintenance Cost

$1,000

Total Annual Cost

$1,400

First Year Net Cash Flow after Incentives

$73,817

  • XZERES 110 Small Wind Turbine


    XZERES 442SRView XZERES 110
    Wind Turbine

    Rotor Diameter 3.6 m

  • XZERES 442SR Small Wind Turbine


    XZERES 442SRView XZERES 442SR
    Wind Turbine

    Rotor Diameter 7.2 m

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