A home owner installs a wind turbine with a rotor diameter of 2 m to supplement electricity from the public utility. The cost of the turbine, the associated electronics, and energy storage system (batteries) is $10,000. If the turbine has an efficiency of 35% and the energy is utilized and or stored at an efficiency of nearly 100%, what is the payback period for the investment? Assume that maintenance costs are minimal, the capital recovery factor is unity, electricity from the public utility costs $0.10 per kWh, and the wind velocity is constant at 12 m/s.

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The Answer of A home owner installs a wind turbine with a rotor diameter of 2 m to supplement electricity from the public utility. The cost of the turbine, the associated electronics, and energy storage system (batteries) is $10,000. If the turbine has an efficiency of 35% and the energy is utilized and or stored at an efficiency of nearly 100%, what is the payback period for the investment? Assume that maintenance costs are minimal, the capital recovery factor is unity, electricity from the public utility costs $0.10 per kWh, and the wind velocity is constant at 12 m/s.

A Home Owner Installs a Wind Turbine with a Rotor