Abstract: A counter rotating generator apparatus for converting wind energy into electricity is disclosed. The apparatus comprises an upper turbine rotatable in a first direction and a lower turbine rotatable in the opposite direction oriented along a vertical access. The upper turbine comprises a magnetic element, and the lower turbine comprises a counter poised magnetic element. The magnetic element interacts with the counter poised magnet to counteract at least a portion of the weight of the upper turbine increasing the efficiency of the counter rotating generator apparatus. A second set of counter poised magnets near the bottom of the lower turbine shaft will also counteract at least a portion of the weight of the lower turbine.