The interannual variability (IAV) of annual energy production (AEP) from wind turbines due to IAV in wind speeds from proposed wind farms plays a key role in dictating project financing but is only poorly constrained. This study provides improved quantification of IAV over eastern N. America using purpose-performed long-term numerical simulations. It may be appropriate to reduce the IAV applied to preconstruction AEP estimates, which would decrease the cost of capital for wind farm developments.