Must I Buy Wind Turbine Insurance?
Where can you buy wind turbine insurance? First let us cover some basics. Very few people have ever heard of the electric company requiring a million dollar insurance policy. Do not freak out if you are told you need such a policy by your local electric company. You need to know about this insurance requirement before you spend the money on your wind turbine.
So why does insurance even come into play? Well, in some cases it does not. It all depends on how you are wiring up your wind turbine. If you run your wind turbine straight to a battery bank and never connect it to the power grid, you do not need to worry about insurance. Where insurance comes into play is if you want your power meter to run backwards as you sell energy you produce back to the power company. In order to accomplish this, you must connect to the power grid.
In more and more communities across the country, the local electric company is demanding people have an additional million dollar insurance policy before connecting to the power grid. One such state I know this is common practice in is Texas.
A friend of mine wanted to install a wind generator for electricity but the local power company in Texas would not let him connect to the power grid unless he could show that he had a million dollar insurance policy. He called every insurance company he could think of and no one had ever heard of this insurance policy that he can buy. The reason that he wanted to connect directly to the power grid was so that he did not use a battery bank but instead could sell the energy produced back to the electric company.
Here is how we solved the problem. You need to call your local power company and tell them that you want a reverse meter so that they can measure the amount of energy you are feeding back into the power grid in order to assign you proper credit. There is specific wiring that you need to use that must be approved by your county. They require this specific wiring so that your system does not electrocute a lineman who is working on a line somewhere down from your wind or solar power generator.
Here is where you can save yourself a lot of headache. Do not call your insurance company and ask about a wind turbine or solar panel policy. There is no policy like this. What you do is get an umbrella policy on your homeowner's insurance. This type of policy covers more than what your homeowner's insurance policy does. You might have an insurance company that calls this "secondary insurance". Use the Internet to find an insurance company that will sell such a policy to you.
Just keep in mind that there are quality standards you need to follow if you connect to the power grid. You need a reverse power relay and an automatic transfer switch that will disconnect you from the power grid in case of a power outage. You also need to stay "in phase" with the power grid. When you buy a wind turbine, the manufacturer should tell you everything you need to know to do this. If you are building a wind turbine then the instruction book will tell you what you need to know.
So why does insurance even come into play? Well, in some cases it does not. It all depends on how you are wiring up your wind turbine. If you run your wind turbine straight to a battery bank and never connect it to the power grid, you do not need to worry about insurance. Where insurance comes into play is if you want your power meter to run backwards as you sell energy you produce back to the power company. In order to accomplish this, you must connect to the power grid.
In more and more communities across the country, the local electric company is demanding people have an additional million dollar insurance policy before connecting to the power grid. One such state I know this is common practice in is Texas.
A friend of mine wanted to install a wind generator for electricity but the local power company in Texas would not let him connect to the power grid unless he could show that he had a million dollar insurance policy. He called every insurance company he could think of and no one had ever heard of this insurance policy that he can buy. The reason that he wanted to connect directly to the power grid was so that he did not use a battery bank but instead could sell the energy produced back to the electric company.
Here is how we solved the problem. You need to call your local power company and tell them that you want a reverse meter so that they can measure the amount of energy you are feeding back into the power grid in order to assign you proper credit. There is specific wiring that you need to use that must be approved by your county. They require this specific wiring so that your system does not electrocute a lineman who is working on a line somewhere down from your wind or solar power generator.
Here is where you can save yourself a lot of headache. Do not call your insurance company and ask about a wind turbine or solar panel policy. There is no policy like this. What you do is get an umbrella policy on your homeowner's insurance. This type of policy covers more than what your homeowner's insurance policy does. You might have an insurance company that calls this "secondary insurance". Use the Internet to find an insurance company that will sell such a policy to you.
Just keep in mind that there are quality standards you need to follow if you connect to the power grid. You need a reverse power relay and an automatic transfer switch that will disconnect you from the power grid in case of a power outage. You also need to stay "in phase" with the power grid. When you buy a wind turbine, the manufacturer should tell you everything you need to know to do this. If you are building a wind turbine then the instruction book will tell you what you need to know.
About the Author:
By Sean Hernandez. Building your own wind turbine is very easy. For a review of the best guides on how to build a wind turbine go to buy wind turbine
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