Late reply - I do not have a link to that stat. I read it somewhere in the past - and as an electrical contractor who has installed many residential scale solar to medium scale utility solar systems - that info stuck in my mind. I did some math a few years back and that stat seemed realistic.
This website - https://weatherguardwind.com/how-much-does-wind-turbine-cost-worth-it/ - has some good info.
This website - https://weatherguardwind.com/how-much-does-wind-turbine-cost-worth-it/ - has some good info.
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Thanks for the reference, lFreeAmerican. It sounds authoritative. Bottom line estimate considering $3 million investment to manufacture the wind turbine and assuming 50% capacity which is dependent on wind available, you’re talking about a 10-year payback at best.
Not good. Then there are annual $42,000 maintenance fees per turbine and I assume none of this includes the enormous expense of backhauling the electricity to the larger electric grid.
What a racket for a company like General Electric. Sounds like another form of government-enabled corporate welfare and a big taxpayer scam.