April 18, 2024

Illuzzi Letter

Envisioning And Creating Your Dream Home

How Much Do Wind Turbines Cost?

How much does a wind turbine cost can be answered. Wind turbines can be found to have many shapes and sizes. The cost of it can be indicated clearly as per the following paragraphs. The cost depends upon the project size, purchase agreement construction contracts, type of machines, and the projects location as well as other related factors.

How much does a wind turbine cost can be answered partially. Cost components for wind turbines which are distinct from commercial scale wind turbine as outlined above. The cost includes wind resource assessment, site analysis expenses, the freight of the turbine and its price, as well as tower, construction expenses, interconnection studies, utility system upgrades, protection, transformers, as well as metering equipment, operations, warranty, maintenance, repair, insurance, legal and consultation fees, etc.

Other factors which have an impact on your project economics are financing costs, the size of the project and applicability of taxes.

How much does a wind turbine cost can be answered as under:

The cost of the commercial wind turbines varied from $1 to $2 million per MW of nameplate capacity installed. The same turbines 2 MW in size cost roughly $2.8 million installed capacity. These turbines undergo significant economies scale. Smaller farm or residential scale turbines cost less but they are more expensive when per kilowatt of energy producing capacity is applied on the rates.

This would indicate a 10 kilowatt machine might cost roughly around $48,000. In this manner 100 kilowatts wind turbines would cost roughly $2,800 to $4,800 per kilowatt of capacity.

To conclude, how much does a wind turbine cost can be summarized by proper negotiation, considering engineering and other related factors and reducing over all cost incidence on the production process.