group is very concerned about rising energy prices and is looking to a combination of renewable energy technologies to keep costs down. These people do not have any inclination to install these systems themselves and will be looking to contract out the work. Wind turbines for this group will likely be larger and much more complex then the turbines used in home systems.
Schools
This is a growing market and its concerns are the same as above. School budgets are tight and getting tighter. They are concerned about keeping their energy costs down and Wind Energy is one way to do it. In states such as Iowa and Minnesota, schools have installed these systems to cap energy costs. Schools will not only need professional installation but also maintenance and repair services for the life of the wind turbine.
Environmental Organizations
These organizations are looking to make a statement. What better way to do it then have a highly visible wind turbine installed at their location? In most cases these organizations cannot afford a full sized system but will opt for a larger homeowner type system. They will contract all the work out and not be interested in doing the work themselves.
In the last twenty years wind turbines have come a long way. The systems are now more sophisticated and are hooked up to computer systems. Operation of these systems often requires training from the manufacturer.
If you are interested in Funding a Renewable Energy Business a good place to start is www.thefunded.com. TheFunded.com is an online community of entrepreneurs to research, rate, and review funding sources worldwide. In addition, TheFunded.com allows entrepreneurs to view and share term sheets, to assist one other finding good investors, and to discuss the many facets of operating a business.
Momentum is building in this industry. With higher then ever energy prices and environmental concerns there is no better time to enter this industry.
Learn more about this author, Andy Goldman.
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