Return on investment for your wind turbine
Wind turbines are not only a great way to reduce your carbon footprint, they can also reduce your energy bills! We will look into how much money your wind turbine could save you on your energy bill and even how much extra money you can expect to make with your wind turbine.
As with many things involving money, it is difficult to have an example applicable to all situations and environments. We will outline an average example but make sure to factor in your particular environment into the calculations.
For this example we will look at a TESUP MasterX wind turbine. This turbine generates 1kW of power under rated conditions (at a wind speed of 12m/s). When the wind is not blowing quite as strongly you can expect lower power generation. Taking into account the capacity factor of your area (the percentage of time the wind speed is high enough to spin your turbine) the total energy generated by your wind turbine can be found. We will use a capacity factor of 30% as this is a typical value in Europe.