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Wind Energy Spreadsheet

  Wind Farm Example       Total  
  Prices are $/kW        
Hardware Costs     $670        
  Turbine   $550        
  Tower   $120        
         
Installation Costs     $100        
  (Foundation, erection, interconnection)        
         
Shipping     $70      
Other Charges and costs   $100      
         
Total cost for equipment and installation $940        
  Rounded $1,000   Rounded Cost $50,000,000  
Megawatts     50    
Installed Costs     $47,000,000      
         
         
Annual Energy Production (AEP) kWh/yr   125,000,000    
         
  With PTC per kWh     $0.034 $4,250,000.000  
  W/O PTC per kWh     $0.051 $6,375,000.000  
4% royalty for transmission       $170,000.00  
2% royalty for transmission       $85,000.00  
Operation and Maintenance/yr $1,250,000        
         
Economic Impact on a Local Level        
  Jobs .5-1 yr   75    
  O&M Jobs   8    
         
Property Taxes   ????????????        
         
Land Needed (Acres)   2000    
  per turbine   350    
         
Royalty Payment per year        
  4%   $970,000     The % will work if land has one owner. 
  $2500 per turbine $714,000     If not, you must put in each owner's acerage.
  2%   $486,000        
         
Additional Tax Incentives not included. Some expired in 2006 and others are set to expire at the end of 2007.  
Additional tax incentives are available depending on business size, etc.