August 22, 2008
Resort Expects to Make $161,000 From Its Wind Turbines
Jiminy Peak resort announced its one-year anniversary of the connection of its new 1.5 megawatt GE wind turbine to the grid, Daily Tech reports.
The turbines were installed last year and are touted as the first installation of a megawatt-class turbine by a private company. Standing at 253 foot tall, with three 123-foot blades, the turbine generates 4.6 million kWh of energy, or enough excess electricity to power 613 homes.
The turbine cost $3.9 million (a Massachusetts Technology Collaborative grant of $582,000 helped cover some of the costs) and the resort will sell about $161,000 of electricity per year and receive a $46,000 tax credit annually. The resort expects to recoup the expenses in five or six years.
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Reader Comments
The initial investment made into solar or wind energy pays for itself in the long run, with the amount of energy that is saved, as you have illustrated in this post. This is implementable both at the macro and at the micro level.
Electric Car | August 26th, 2008