These two wind turbines will take four centuries to pay for themselves

One British town is in the renewable energy game for the long run — literally. The town bought two wind turbines that will take more than four centuries to pay for themselves.

The BBC reports that the two wind turbines installed in the English town of Rushcliffe will not likely produce any financial benefits for the town. Rushcliffe spent nearly $50,000 in 2004 installing the wind turbines at a county park, which doesn’t actually get much wind.

“Due to higher than anticipated maintenance costs and relatively low generation rates, it is unlikely the council will make a financial saving within the anticipated lifespan of the turbine,” said the Rushcliffe Borough Council.

The wind turbines’ poor location and mechanical problems mean that it only produced 477 kilowatt hours in 2012 and 2013. Last year, the turbine only generated about $121 worth of power, meaning that it would take 405 years for them to pay for themselves.

The Rushcliffe council, however, contended that the “meter wasn’t operating properly” and that the two turbines usually produce 3,478 kilowatt hours annually — which would still mean a 55-year payback period.

This information was obtained by the UK Telegraph as part of an in-depth investigation on how the towns all across the United Kingdom are spending millions of dollars on wind turbines that are faulty and don’t generate enough revenue to pay for themselves.

“Some turbines generate so little energy they would take hundreds of years to repay their original value,” Telegraph reported. “Experts argue that the failure of some wind turbines to recoup their value shows how small wind turbines are a poor way to generate renewable energy.”

Only three out of a handful of the towns that responded to the Telegraph’s inquiries had wind turbines with payback periods under ten years.

Via: Daily Caller

Continue Reading.....