Wind turbines are becoming more and more popular as a renewable energy source and many are wondering about the initial and upkeep costs. The initial cost of a wind turbine can be quite significant, with the price varying depending on the size and power output of the turbine. In 2021, the price for a wind turbine averages around $1,300,000 USD per megawatt, with the typical turbine having 3 to 4 MW of power. This means that the majority of turbines are within the $2-4 million dollar price range.
In addition to the initial investment, it’s important to consider the ongoing costs of maintaining and operating a wind turbine. Based on research into the cost of operating a wind turbine, the maintenance and operation costs typically range between $42,000 and $48,000 annually. This includes regular maintenance, inspections and repairs.
It’s worth noting that while the upfront costs of wind turbines may seem high, the long-term benefits and cost savings from using renewable energy can make it a worthwhile investment. Not only can it reduce energy costs over time, but it also helps to reduce our carbon footprint, making it a more sustainable option for the environment.