Do you know how much profit a wind turbine can generate? Use the Wind Turbine Profit Calculator that will help you to find out. This tool allows you to enter several key values to calculate the potential profit from a wind turbine investment.
What is Wind Turbine Profit?
Wind turbine money is what’s left over after paying for all the costs and sales. It looks at the first cost, fix-it costs, and money from selling the electricity made.
Wind Turbine Profit Calculator
The total cost required for wind turbine purchase and installation (USD):
The yearly maintenance and operational cost (USD/year):
The average wind speed at the turbine location (m/s):
The turbine’s efficiency in converting wind energy to electricity (%):
%The expected operational lifespan of the wind turbine (years):
The price at which electricity is sold (USD/kWh):
User Guide
To use the Wind Turbine Profit Calculator is simple. Follow below steps:
- Enter the Wind Turbine Cost: Input the initial investment required to purchase and install the wind turbine. For example, enter
1000000USD. - Enter the Annual Maintenance Cost: Provide the yearly operating and maintenance expenses. For instance, enter
50000USD/year. - Enter the Average Wind Speed: Input the average wind speed at the turbine location. For example, enter
7.5m/s. - Enter the Efficiency: Set the efficiency of the turbine in converting wind energy to electricity. For instance, use the default value of
30%. - Enter the Turbine Lifetime: Specify the expected operational lifespan of the wind turbine. For example, enter
20years. - Enter the Electricity Price: Input the selling price of electricity. For instance, enter
0.1USD/kWh. - Enter the Capacity Factor: Provide the average operating power output as a percentage of the turbine’s maximum rated power. Use the default value of
25%. - Enter the Rated Power: Specify the maximum output power of the wind turbine. For example, enter
1500kW.
Click the “Calculate” button to see your results.
Formula
The calculator uses the following variables and formula:
| Variable | Description |
|---|---|
turbine Cost |
Initial investment (USD) |
maintenance Cost |
Annual maintenance cost (USD/year) |
wind Speed |
Average wind speed (m/s) |
efficiency |
Efficiency (%) |
turbine Lifetime |
Turbine lifetime (years) |
electricity Price |
Electricity price (USD/kWh) |
capacity Factor |
Capacity factor (%) |
rated Power |
Rated power (kW) |
Example Calculations
Example 1
Foe example your input is:
- Wind Turbine Cost: 1,000,000 USD
- Annual Maintenance Cost: 50,000 USD/year
- Average Wind Speed: 7.5 m/s
- Efficiency: 30%
- Turbine Lifetime: 20 years
- Electricity Price: 0.1 USD/kWh
- Capacity Factor: 25%
- Rated Power: 1500 kW
Calculation Steps:
Annual Energy Output = 1500 kW * 24 hours/day * 365 days/year * 0.25 = 3,285,000 kWh
Annual Revenue = 3,285,000 kWh * 0.1 USD/kWh = 328,500 USD
Annual Profit = 328,500 USD - 50,000 USD = 278,500 USD
Total Profit = (278,500 USD * 20 years) - 1,000,000 USD = 4,570,000 USD
Example 2
For example your input is:
- Wind Turbine Cost: 1,200,000 USD
- Annual Maintenance Cost: 60,000 USD/year
- Average Wind Speed: 8.0 m/s
- Efficiency: 35%
- Turbine Lifetime: 25 years
- Electricity Price: 0.12 USD/kWh
- Capacity Factor: 30%
- Rated Power: 2000 kW
Step-by-Step Steps to calculate Calculation:
Annual Energy Output = 2000 kW * 24 hours/day * 365 days/year * 0.30 = 5,256,000 kWh
Annual Revenue = 5,256,000 kWh * 0.12 USD/kWh = 630,720 USD
Annual Profit = 630,720 USD - 60,000 USD = 570,720 USD
Total Profit = (570,720 USD * 25 years) - 1,200,000 USD = 13,268,000 USD
I hope you Found the Wind Turbine Profit Calculator helpful. How was your experience using the tool? If you encounter any errors, please report them on our “Report an Error” page.