A wind energy system has been designed for 20 years of operation . The designed system has a wind turbine of power 600 kW with a capacity factor of 28.54% which costs $450,000. The installation place has the following terms and conditions: Price of electricity =$0.05 I kWhr Rate of return = 66% r = 5 percent/yr, the real rate of interest (1) Estimate the net yearly income from the system. (2)Estimate the return of investment. (3)Estimate the present value of electricity.
A wind energy system has been designed for 20 years of operation . The designed system has a wind turbine of power 600 kW with a capacity factor of 28.54% which costs $450,000. The installation place has the following terms and conditions: Price of electricity =$0.05 I kWhr Rate of return = 66% r = 5 percent/yr, the real rate of interest (1) Estimate the net yearly income from the system. (2)Estimate the return of investment. (3)Estimate the present value of electricity.
Electricity for Refrigeration, Heating, and Air Conditioning (MindTap Course List)
10th Edition
ISBN:9781337399128
Author:Russell E. Smith
Publisher:Russell E. Smith
Chapter17: Commercial And Industrial Air-conditioning Control Systems
Section: Chapter Questions
Problem 6RQ
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A wind energy system has been designed for 20 years of operation . The designed system has a wind turbine of power 600 kW with a capacity factor of 28.54% which costs $450,000. The installation place has the following terms and conditions:
- Price of electricity =$0.05 I kWhr
- Rate of return = 66%
- r = 5 percent/yr, the real rate of interest
(1) Estimate the net yearly income from the system.
(2)Estimate the return of investment.
(3)Estimate the present value of electricity.
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