Enter the total power generated by the wind turbine per day (kWh), the price of electricity ($/kWh), and the daily cost of the wind turbine ($) into the calculator to determine the Wind Turbine Profit.
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Wind Turbine Profit Formula
The following formula is used to calculate the Wind Turbine Profit.
WTP = (P*EP) – DC
- Where WTP is the Wind Turbine Profit ($/day)
- P is the total power generated by the wind turbine per day (kWh)
- EP is the price of electricity ($/kWh)
- DC is the daily cost of the wind turbine ($)
How to Calculate Wind Turbine Profit?
The following example problems outline how to calculate Wind Turbine Profit.
Example Problem #1
- First, determine the total power generated by the wind turbine per day (kWh). In this example, the total power generated by the wind turbine per day (kWh) is given as 1500 .
- Next, determine the price of electricity ($/kWh). For this problem, the price of electricity ($/kWh) is given as 1.25 .
- Next, determine the daily cost of the wind turbine ($). In this case, the daily cost of the wind turbine ($) is found to be 300.
- Finally, calculate the Wind Turbine Profit using the formula above:
WTP = (P*EP) – DC
Inserting the values from above yields:
WTP = (1500*1.25) – 300 = 1575 ($/day)
Example Problem #2
The variables needed for this problem are provided below:
total power generated by the wind turbine per day (kWh) = 1600
price of electricity ($/kWh) = .86
daily cost of the wind turbine ($) = 400
Entering these values and solving gives:
WTP = (1600*.86) – 400 = 976 ($/day)
