New York-based United Wind, a provider of distributed wind energy leasing solutions, has set its sights on the wind-rich Midwest region by opening an office in Denver.
United Wind launched its WindLease program in 2013 in an effort to provide financing to the historically underserved distributed wind market. The program offers a fixed-rate, 20-year, maintenance-free lease to those seeking to immediately reduce their energy bills by harvesting on-site wind energy with no upfront costs.
Leading the new office is Brian Hoyt, who will be heading efforts for the company throughout the Midwest.
"The Midwest represents a vast opportunity for distributed, small wind projects, and our WindLease program enables this underserved market to save on monthly electricity bills using their on-site wind energy," explains Russell Tencer, co-founder and CEO of United Wind. "It's a common-sense solution and a game-changer for distributed wind."
Hoyt adds, "Farms and other businesses that utilize United Wind's WindLease model can expect to save upwards of $300,000 in electricity costs over the life of the project, while homeowners save upwards of $30,000."