Windmill Rating Megawatts (MW) |
2 |
|
Revenue Rate, from each Kilowatt Hour (KWhr) |
$ 0.07 |
|
Hours in a year |
8760 |
|
Average Utilization per year at max capacity |
0.269 |
|
MW Hours per year at average caapcity |
2356.44 |
|
Revenue (MW * Revenue Rate) |
$ 164,951 |
|
Install Cost |
$ 4,000,000 |
|
Life span in years (real world stats) |
15 |
|
Amortization Install Cost |
$ 266,667 |
|
Maintenance Costs per hour per megawatt hour |
$ 26 |
|
Maintenance costs per year per megawatt hour |
$ 61,267 |
|
Land Lease Cost to farmer |
$ 10,000 |
|
Lifespan Cost |
$ 266,667 |
|
Total Annual Cost |
$ 337,934 |
|
Revenue |
$ 164,951 |
|
Balance |
$ (172,983) |
Costs more than it produces. |
Federal Payment per Megawatt Hour |
$ 23 |
|
Total Federal Payment |
$ 54,198 |
|
Average State subsidy |
Unknown |
Can be zero through over $350,000 per windmill. |
Are these specific to a certain site? Because I don't think all wind turbines have exactly these same costs and outputs.
The point remains, how can any of this be built if it is not economically viable? How do we get to this level of insanity?