The $40,000 ballpark price for the Bergey Windpower Co.'s 10-kilowatt generator, including a power inverter and installation, is a big enough bite to discourage anyone, especially those who may not know how long they plan to live in the same place. [ Note: Mr. Sansome received a rebate of ~ $20,000 from the California Energy Commission. ]
Sansome has figured that his windmill will pay for itself in six to eight years. The life of the gadget is estimated to be 25 to 30 years, which equals a lot of free energy over a long period of time.
Southern California Edison representative Laura Rudison estimated more conservatively the span of time before the average homeowner would break even.
"When you really run the numbers, it may be 12 or 15 years," she said. [ if you ignore the CEC rebate ]
Rudison is the project manager for Edison's Net Metering Program, which does business with customers who generate their own electricity.
Because neither the wind nor the sun provide continuous sources of power, most of those who generate power from them also rely on Edison to provide power at night or on a calm day.
By using an electric meter that runs both backward and forward, the Net Metering Program allows small, private generators to barter the power they use for the power they generate on a one-to-one basis.
Source:
Wind power, how much does a windmill cost?, page 1
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How much do wind turbines cost?
Wind turbines come in many shapes and sizes, but here is a general guideline on how much they cost:
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.
How much do wind turbines cost? | Windustry