Part 7/9:
While some affordable wind turbines flood the market, investing in a quality turbine is critical. Beyond the purchase price, additional costs such as installation, maintenance, wiring, and insurance need consideration. The overall costs can run into tens of thousands, with a potential payback period stretching over 15 to 20 years depending on wind generation success.
The operational aspect, including routine maintenance and the risk of mechanical failure, must also be factored into the long-term financial equation. Wind turbines typically incur ongoing costs that could amount to 1-2% of their initial cost yearly.