Total costs for installing a commercial-scale wind turbine will vary significantly depending on the cost of financing, when the turbine purchase agreement was executed, construction contracts, the type of machine, the location of the project, and other factors. Cost components for wind projects include wind resource assessment and site analysis expenses; the price and freight of the turbine and tower; construction expenses; permitting and interconnection studies; utility system upgrades, transformers, protection, and metering equipment; insurance; operations, warranty, maintenance, and repair; legal and consultation fees. Others factors that will impact your project economics include your financing costs, the size of your project, and taxes.
The costs for a commercial scale wind turbine in 2007 ranged from $1.2 million to $2.6 million, per MW of nameplate capacity installed.
Most of the commercial-scale turbines installed today are 2 MW in size and cost roughly $3.5 Million installed. Wind turbines have significant economies of scale. Smaller farm or residential scale turbines cost less overall, but are more expensive per kilowatt of energy producing capacity. Wind turbines under 100 kilowatts cost roughly $3,000 to $5,000 per kilowatt of capacity. That means a 10 kilowatt machine (the size needed to power an average home) might cost $35,000-$50,000.
Related posts:
- How Much Does it Cost to Raise a Child in the United States
- How Much Should a Web Site Cost
- How Much Did Avatar Cost
- How Much Does it Cost to Make a Penny
- How Much Electricity do Appliances Use
Tags: cost, How much, Money, Physics, turbines, wind turbines
Add to Favorites
