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small wind electric system economics
To help you analyze the economics of a small wind electric system and decide whether wind energy will work for you, you can use a variety of tools. These tools may be useful in helping you generate the following estimates:
- Costs
- Savings
- Cash flow
- Output
- Electric bills and electric bill comparisons
- Wind characteristics
- Simple payback in years.
Finding these estimates will help you determine whether wind energy is a good option for your site. If it takes too long to regain your capital investment – the number of years comes too close or is greater than the life of the system – wind energy will not be practical for you.
Related entry
• domestic wind energy, fact and fiction
Related category
• WIND POWER
Source: US Department of Energy
Also on this site:
Encyclopedia of Science
Transport Concepts & Designs (partner site)
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