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Economic Analysis
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4 kW |
2.4 kW Wind Turbine* $20,000 Installed 2/5/10 |
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| Operating Expenses (life to date) | ||||
| Maintenance | $4,391 | |||
| Interest Expense (5%) | $6,575 | $3,329 | ||
| Depreciation (180 months) | $8,776 | $4,444 | ||
| Property Tax | $2,870 | $1,453 | ||
| TOTAL OPERATING EXPENSES | $18,221 | $13,617 | ||
| Electric Generation 2012 | ||||
| January | 152 | 153 | ||
| February | 203 | 116 | ||
| March | 418 | 152 | ||
| April | 507 | 118 | ||
| May | ||||
| June | ||||
| July | ||||
| August | ||||
| September | ||||
| October | ||||
| November | ||||
| December | ||||
| 2012 GENERATION YTD | 1,280 | 539 | ||
| 2011 Generation | 2,887 | 783 | ||
| 2010 Generation | 3,948 | 656 | ||
| 2009 Generation | 4,169 | 1,128 | ||
| 2008 Generation | 4,681 | N/A | ||
| Total Generation (life to date) | 16,965 | 3,106 | ||
| Cost per kWh generated (life to date) | $1.07 | $4.38 | ||
| Capacity Factor (life to date) | 11.2% | 4.4% |
Capacity Factor is the ratio of actual net energy generation to the maximum possible energy that could have been generated if the plan operated at its maximum capacity for the same period.
NOTES:
*A 5 kW wind turbine was initially installed on December 30, 2008 at a cost of $35,154. That unit broke for undetermined reasons in October 2009 and was replaced with a 2.4 kW unit on February 5, 2010. The investment and operating expenses shown represent those associated with the 2.4 kW unit. The generation figures shown represent the combined total from both units. There was no generation from October 2009 through February 5, 2010.
2010 Footnotes:
May – August 2010: Wind turbine non-operational due to inverter failure. New turbine installed August 3, 2010.
June 2010: Facilities were struck by lightning early in the month and solar inverter was damaged. New inverter installed on July 14, 2010.
2011 Footnotes:
March – May 1011: Wind turbine failed on or about March 4 and was out of service through April. New turbine installed May 10, 2011.
October – December 2011: Solar unit non-operational due to undetermined physical damage. Panel replaced 12/21/11.
Click for a printable version of this report.
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