Previous in Forum: Engineering Calculators: A Helpful Site   Next in Forum: Brewing Beer Without an External Heat Source
Close
Close
Close
16 comments
Rate Comments: Nested
Active Contributor

Join Date: Mar 2008
Posts: 24

Wind Power for the Money

12/23/2008 4:16 PM

I have a property out in the country, 1 acre, in the country, (not in the city) in a very windy topo. It is windy most times of the year. I am looking to invest in a wind turbine to install on the property to generate at least $15,000 per year before debt service on the turbine. If approved by the county, which make and manufacturer would be my best bet to accomplish my goal. If this works out I would like to buy up more land and repeat. Looking to go green!!

Register to Reply
Interested in this topic? By joining CR4 you can "subscribe" to
this discussion and receive notification when new comments are added.

Good Answers:

These comments received enough positive votes to make them "good answers".
Member

Join Date: Sep 2007
Location: Everett, WA
Posts: 8
#1

Re: Wind Power for the Money

12/23/2008 6:08 PM

Just make sure you DO have enough wind for this. Many people think that they have LOTS of wind, only to find out that they only THOUGHT they did. However, it sounds like you know what you are talking about since the price you mention ($15K) is about right for a real system. And getting it up high is important. One thing you can do is to first, set up an anemometer and log the wind at your site, at the height you think your turbine will be (or only slightly less), to check the average wind speed, which is what is most important... Not gusts

boB

__________________
K7IQ
Register to Reply
5
Guru
Engineering Fields - Systems Engineering - New Member Popular Science - Weaponology - New Member

Join Date: Jun 2006
Location: Borrego Springs
Posts: 2636
Good Answers: 62
#2
In reply to #1

Re: Wind Power for the Money

12/23/2008 6:42 PM

Great answer, first you need to know the amount of wind, it's consistency, and it's regular (averaged) speeds.

But so much more - make your self do a business plan to the degree you would be willing to invest in it: or take it to a bank.

1. Power company buy back legislation for the area - don't assume.

2. Capacity for accepting your output.

3. Do you even get paid? See New Mexico rural cooperatives for counter examples. The cooperatives are small and can do payout when the land sells again. Thier option, not yours.

4. How much for the required equipment - it isn't enough to run the meter backwards, there are "power islanding" safety issues that could get you seriously sued after you kill a lineman. Power company HAS to have a way to shut you off safely. Fire truck access - mandatory.

5. State incentives available.

6. Federal incentives.

7. any local incentives?

8. Manufacturer / distributor incentives - zero down or zero percent financing could shift your numbers fast.

9. 5, 6, 7, were for wind power; now do 5, 6, 7 for small business incentives, startup incentives, alt generation incentives, female owned corporation incentives (are ya married?), minority owned business incentives (maybe you need a silent partner? maybe you are a minority? maybe you could become a minority/vet/disabled?)

Because make no mistake - you are becoming a business.

Incorporate - insure against everything including debris if the damned thing disintegrates and kills the neighbors cow. Tax benefits depend on S corp, LLC etc, some protect you, some don't; some compensate your investments in education, some don't. Different depreciation rates apply - yes, your tax reductions actually pay for your equipment!

Check zoning - you are creating a power generating utility if you exceed ?how many kilowatts? in your area? NM was 5K/mo, after that you are a utility. And you are taxed as a corporation - if only for that part of your income.

Get an attorney, and an accountant.

Get SCORE - retired businessmen who volunteer to advise those of us who cannot afford to make mistakes. (I mean me, maybe you can afford them ).

If you become a utility, the reimbursement schedule for renewable incentives may not apply to you. Get SCORE and find a retiree who knows the utilities if you are becoming one. Rates are regulated by Public Utilities Commission or its equivalent for the area. Whole new ballgame.

You NEED shelters, your costs of startup are high enough that without incentives and if required to play on a level field with the utilities they can squish you just to cut their bookkeeping costs.

They generate power (again, out west here) for .03 cents a watt, from coal, from Wyoming. You need protecting, and you need to stay under the generating levels for companies.

WAAAAAY more advice than you asked for, but I'm trying to help.

There are a thousand things I'm not thinking of, but that matter. Get lots of good advice. Well, get lots of advice and then start sorting what is actually good.

__________________
"If you want to get somewhere else, you must run at least twice as fast as that!"
Register to Reply Good Answer (Score 5)
Power-User
Australia - Member - New Member Hobbies - Target Shooting - New Member Popular Science - Weaponology - New Member

Join Date: Dec 2007
Location: Sydney Australia
Posts: 480
Good Answers: 35
#3
In reply to #2

Re: Wind Power for the Money

12/23/2008 7:18 PM

I gave you a GA for two reasons.

1) I got me thinking of which variants out of your list apply down here in Aus.

2) It is an eye opener to all the Other thing that our technical\engineering areas run into rather than "Just the issue at hand".

Thanks & Regards,
Sapper.

__________________
It's all about the Boom! - MythBusters
Register to Reply
Anonymous Poster
#7
In reply to #2

Re: Wind Power for the Money

12/24/2008 12:52 AM

Well said, right up on the subject, well done.

If bored theres a Co2 turbine self activating below and above zero degrees Celsius, going without a conversant mind.

Same tonnage Coal Carbon emission. 350 megawatts Steam. 18,000 megawatts Co2 conversion.

Did $20.00 per tonne Carbon tax just go phoof, (wiping out a bit of incentive) in Prime Minister Speech looking ahead 2010.

Cheers

Peter

Register to Reply
Active Contributor

Join Date: Dec 2008
Posts: 10
Good Answers: 1
#4

Re: Wind Power for the Money

12/23/2008 7:35 PM

Green is cool, as long as it's in your pocket.

There are so many unanswered questions, that only you can answer. 15K per year is a pretty big return in my book. For instance; if you require a 10% ROE, you would have to put up 150K to get that 15K. You had better do a lot of number crunching to expect 10% ROE in todays market. IMO .... keep dreamin.

Register to Reply
Guru
Engineering Fields - Systems Engineering - New Member Popular Science - Weaponology - New Member

Join Date: Jun 2006
Location: Borrego Springs
Posts: 2636
Good Answers: 62
#5

Re: Wind Power for the Money

12/23/2008 8:45 PM

as discouraging as my prev. sounded, I am just trying to cover all the bases without any limiters.

Don't know who, where, what, etc. so I trew any possibles in. Lots of these go away as the research is done.

Good news in New Mexico was IF you stayed under the generation limits AND you were selling to the major suppliers rather than the coops THEN you got a guaranteed .15 kWh.

__________________
"If you want to get somewhere else, you must run at least twice as fast as that!"
Register to Reply
Anonymous Poster
#6

Re: Wind Power for the Money

12/24/2008 12:17 AM

Hi...

Firstly obtain wind data from your local agency. In India the Dept of renewable energy has logged data of wind flows, pattern, speeds etc for different regions which they hand out.

Next, calculate potential generation on this data. The potential generation depends on machine availabilty and wind speeds in different seasons.

Usually m/c availability is 98% as most equipment is good. But for your info capacity utilisation of a wind turbine in a good wind condition for a country like India is about 18% and in Germany say 30%.....so if the wind conditions on your plot are superb even then you may at best extract 35-40% of yearly capacity. So plan your equipment size accordingly.

Register to Reply
Active Contributor

Join Date: Dec 2008
Location: Northern Ireland
Posts: 22
#8

Re: Wind Power for the Money

12/24/2008 7:33 AM

Hello All,

I to have property in the country, 28 acres on a mountain side in Northern Ireland. I have been looking for information from the local companies that deal with this with no response. I have been toying with this idea for the last six months or so. Is there anyone out there that is familiar with my area and can get me on the right track? Looking to go green on the Green Isle!!

__________________
Courage is contiguous: When one brave man takes a stand, the backs of others stiffen!
Register to Reply
Guru
Engineering Fields - Systems Engineering - New Member Popular Science - Weaponology - New Member

Join Date: Jun 2006
Location: Borrego Springs
Posts: 2636
Good Answers: 62
#9
In reply to #8

Re: Wind Power for the Money

12/24/2008 8:17 AM

I am not familiar with Northern Ireland, but I also found the utilities completely unresponsive. Instead I reasoned that the incentives in my case were from the Federal and State governments and pursued my answers there.

In my case, tiny power generation sites were a complete pain for the utility, with no benefit and a damned lot of bookkeeping as well as hazards to their linemen.

AND the gov't was going to make them buy power at 5 times the cost of producing it themselves. And don't underestimate the cost of that bookkeeping. My local electric coop is so small they have every employee on the webpage.

Mandates be damned, if no one went into it, they wouldn't have to service it. And the mandate would go away and everyone would be happy - power companies could say they complied, gov't could say they made it possible - no blame and no problems.

Be prepared to be a problem. As nicely as possible.

2 things that haven't come up in this thread yet;

1. Be prepared for your electric bill to go up next year to cover those costs I just referred to - a utility is a monopoly allowed to recover X profit in exchange for the service. Green is going to raise expenses and that cuts profits and that sends them back to the commission for a rate increase. How much will depend on the saturation of the mandate. Most western states are targeting 15% green power.

2. The legislative mandates *may* have to go away during this downturn. State revenues are way down and I haven't actually looked to see if these mandates are locked in to future years. It would really be a vacuum if you finished investing and then got told they don't have to buy from you next year - prepare to disconnect.

__________________
"If you want to get somewhere else, you must run at least twice as fast as that!"
Register to Reply
4
Power-User

Join Date: May 2008
Location: Olympia, WA
Posts: 125
Good Answers: 5
#10

Re: Wind Power for the Money

12/24/2008 9:04 AM

Greetings and Merry Christmas.

All of the comments are great advice,

One thing to look into is the venturi effect. By cutting trees or placing in a natural venturi you can get more air speed to your windmill. The top of the hill is also not always the best place to get the most air speed.

Register to Reply Good Answer (Score 4)
Guru
Engineering Fields - Systems Engineering - New Member Popular Science - Weaponology - New Member

Join Date: Jun 2006
Location: Borrego Springs
Posts: 2636
Good Answers: 62
#11

Re: Wind Power for the Money

12/24/2008 9:35 AM

Wow!

Excellent systems approach!

__________________
"If you want to get somewhere else, you must run at least twice as fast as that!"
Register to Reply
Guru
United States - Member - Charter Member Engineering Fields - Instrumentation Engineering - Charter Member

Join Date: Mar 2008
Location: The People's Republic of Massachusetts
Posts: 1946
Good Answers: 73
#12

Re: Wind Power for the Money

12/24/2008 10:12 AM

Here's an interesting article posted by Guest in another thread:

http://www.windenergy-the-truth.com/

http://cr4.globalspec.com/thread/30077/Wind-Turbine-Experiences

__________________
I go into every human encounter expecting to be framed for a crime I didn't commit. Dilbert, 2013
Register to Reply
Active Contributor

Join Date: Sep 2006
Location: Muskegon, Michigan, USA. Look at the back of your left hand, I'm located on the left edge just below where your pinky meets your hand. On the shores of beautiful Lake Michigan.
Posts: 10
Good Answers: 1
#13

Re: Wind Power for the Money

12/24/2008 10:45 AM

There is a company starting up after the first of the year in Muskegon, Michigan that will be selling affordable wind turbines.

http://blog.mlive.com/grpress/2008/06/muskegon_energy_center_to_laun.html

Try the link above. Good luck.

__________________
If I don't see you in the future, I'll see you in the pasture.
Register to Reply
Guru

Join Date: Jan 2007
Location: Sitting directly behind my keyboard in Albuquerque - USA
Posts: 592
Good Answers: 19
#14

Re: Wind Power for the Money

12/24/2008 11:12 AM

Sandia National Laboratories is one of the wind turbine study centers of the world. Look at their web site. I know the Wind Energy director at SNL quite well.

These turbines have very low reliability and in fact I am faced with a few internal technical questions from my own company who happens to own hundreds. We have an entire wind turbine reliability team who are quite busy. One crane rental to repair something can destroy several years of profit if you only have 1-2 turbines. Careful. These machines are far from foolproof.

__________________
If it eats, it's going to be trouble!
Register to Reply
Guru
Popular Science - Biology - New Member Hobbies - Musician - New Member APIX Pilot Plant Design Project - Member - New Member Hobbies - CNC - New Member Fans of Old Computers - ZX-81 - New Member

Join Date: Jan 2007
Location: Centurion, South Africa
Posts: 3921
Good Answers: 97
#15

Re: Wind Power for the Money

12/25/2008 1:31 AM

A lot has been said about the economic feasibility already. The grid can actually only buy power when there is a need for it.

1 Acre is about 4040 square m. if the property is rectangular the small side may be less than 60 m.

Depending on the terrain the placement of the tower could even further reduce the maximum turbine size. (You would not be allowed to occupy the neighbouring properties air space)

What I am getting at is that the fiscal maximum turbine size must be kept in mind when calculating.

__________________
Never do today what you can put of until tomorrow - Student motto
Register to Reply
Anonymous Poster
#16

Re: Wind Power for the Money

12/29/2008 1:43 PM

I would recommend Sky stream 3.7 wind turbine of South west wind, flatstaff, Arizona, USA (http://www.skystreamenergy.com/)

Please make your enquiries and you will appreicate it as i am a partner of Solartime Electric, a representtaive of Southwest wind in Nigeria, West Africa.

They very much fit into your needs and you will not regret it.

I am registered with Global spec as Okpoksbaba@yahoo.com

Regards

Michael E.S. Kpogbara

T-ohbari Global Concepts

{lot 229 Bodo Road, GRA II

+234(0)8037060242,

Port Harcourt

Rivers State

Nigeria

Register to Reply
Register to Reply 16 comments

Good Answers:

These comments received enough positive votes to make them "good answers".
Copy to Clipboard

Users who posted comments:

Anonymous Poster (3); boB_K7IQ (1); Bricktop (1); edignan (4); Hendrik (1); OlympiaWA (1); PetroPower (1); sands (1); Sapper (1); sliprybill (1); tarzete (1)

Previous in Forum: Engineering Calculators: A Helpful Site   Next in Forum: Brewing Beer Without an External Heat Source

Advertisement