The cost of energy from larger electrical output wind turbines used in utility-interconnected or wind farm applications has dropped from more than $1.00 per kilowatt-hour (kWh) in 1978 to under $0.05 per kWh in 1998, and is projected to plummet to $0.025 per kWh when new large wind plants come on line in 2001 and 2002. The hardware costs of these wind turbines have dropped below $800 per installed kilowatt in the past five years, underpricing the capital costs of almost every other type of power plant.
