Let’s say the wind power plant costs $ 300 million. You will supply electricity to residential homes.
What do you think? How long will it take to recoup that $ 300 million?
Who am I ?
Hi, I’m Erik Astrand and the man behind this site.
My story? I am about to be 50 and all my life I have been interested in technical things. Not sure if the special interest for the wind, and how to use the wind, started when I as a 5 year old boy and got my first sail dinghy.
Anyway, wind power and to build my own wind generator was a dream for several years. I studied many websites and also bought many courses before I finally built my own windmill. This site is about that journey and you will also find some more general articles about wind power.
Enjoy! and check out the about me page to read more.
You are asking this q at this forum? I am surprised.
Not unless this is idle curiosity. If you are a serious investor you obviously won’t ask it here – but hire some experts to do that job.
Now, do the math. $300 Mill. as fixed cost. Operating cost will at least be $1 Mill a year that includes salary, admin, maintenance, land cost electricity distribution cost etc…
How many homes this windfarm will serve?. That’s the key. Each home on an average consumes 1500 Kwh; at about say, 12 cents a Kwh, that is, $200 per month. ie., $2500 to $3000 per year.
Then, you work backwards: How many homes can YOU serve with your wind farm?. What is the generating capacity.? Higher the capacity, more investment is the result and more running cost.
So, it is difficult to answer until we know how many Kwh can your plant produce for how many homes.
Then, you will know the profit you can make after all the disbursements. If you repay $300Mill over 20 to 25 years with interest, then your profit must be…..xxxxx….dollars. So, you see, it is not that simple to answer.
But wait. Government will kick in quite a bit of money becauise windfarms are environment friendly, no pollution. So, that’s where you go first with hat in your hand.
the monitory investment will never be recouped, recouping the earths spiralling demise begins on day one.