Cooperatives have a long tradition in the rural U.S. Limited Liability Company. The characteristic factor of a limited liability company is that owners are not liable for things that go wrong that are not the owners' responsibility. This offers owners some legal protection in case of accidents and disasters. In this type of structure, gains and losses are allocated to the owners, who pay taxes on them. This means that if only one partner has money, he or she is going to pay if anything goes wrong.
Partnerships are a little more risky.
If you choose to own a turbine yourself, you assume all responsibility for the work and all the risks. You also receive all the profits. You may decide to purchase a small turbine to offset your own use, or secure financing for a larger turbine that produces enough electricity for you to sell any power you don't use. Wind turbines vary greatly in size, and the installed price is in direct proportion to size. A large-scale turbine is a big investment, but smaller turbines cost more per kWh produced.