Original Situation

Investment costs

Add Generator

Add WECS

Assumptions

original

50 kw

10,000.00

20,000.00

10,000.00
15,000.00
20,000.00

$
$
$

$
$
$
$

20,000.00
250,000.00
75,000.00
20,000.00

Total investment costs

20,000.00

45,000.00

375,000.00

Debt repayment

2,000.00

4,500.00

37,500.00 per year

Fuel Consumption
Annual fuel costs

145,121
174,145.20

120,430
144,516.00

74,034 [litre]
88,840.80 per year

Interest charges

630.00

1,417.50

11,812.50 per year

Replacement costs

1,891.05 -$

213.02 -$

1,721.28 per year

Annual O & M costs

3,573.70

3,660.10

10,982.00 per year

Total Annualised Cost

182,239.95

153,880.58

147,414.02 per year

Technical consultancy & transport

Generator 50 kW
Generator 100 kW
Wind Turbines 20kW & tower
Battery Bank 300kWh
Converter 50kW

Electricity Demand
Cost of Energy

292,000
$

0.62

hybrid

292,000
$

0.53

Project lifetime
Fuel price
Interest rate
Hours
Days
Demand
Demand

292,000 kWh per year

$

0.50

10
1.2
7%
8760
365
800
292000

years
$ per litre
hours per year
days per year
kWh per day
kWh per year

hours per year

days per year
kWh per day
kWh per year

Original Situation
Total Investment
year 1
year 2
year 3
year 4
year 5
year 6
year 7
year 8
year 9
year 10

$ 20,000.00
Repayment
$ 2,000.00
$ 2,000.00
$ 2,000.00
$ 2,000.00
$ 2,000.00
$ 2,000.00
$ 2,000.00
$ 2,000.00
$ 2,000.00
$ 2,000.00

Outstanding
$ 18,000.00
$ 16,000.00
$ 14,000.00
$ 12,000.00
$ 10,000.00
$
8,000.00
$
6,000.00
$
4,000.00
$
2,000.00
$
-

Add Generator

Interest
$ 1,260.00
$ 1,120.00
$
980.00
$
840.00
$
700.00
$
560.00
$
420.00
$
280.00
$
140.00
$
-

Total interest charges

6,300.00

Average annual interest charges

630.00

$ 45,000.00
Repayment
$
4,500.00
$
4,500.00
$
4,500.00
$
4,500.00
$
4,500.00
$
4,500.00
$
4,500.00
$
4,500.00
$
4,500.00
$
4,500.00

Add WECS

Outstanding
$ 40,500.00
$ 36,000.00
$ 31,500.00
$ 27,000.00
$ 22,500.00
$ 18,000.00
$ 13,500.00
$
9,000.00
$
4,500.00
$
-

Interest
$ 2,835.00
$ 2,520.00
$ 2,205.00
$ 1,890.00
$ 1,575.00
$ 1,260.00
$
945.00
$
630.00
$
315.00
$
-

$ 375,000.00
Repayment
$
37,500.00
$
37,500.00
$
37,500.00
$
37,500.00
$
37,500.00
$
37,500.00
$
37,500.00
$
37,500.00
$
37,500.00
$
37,500.00

Outstanding
$ 337,500.00
$ 300,000.00
$ 262,500.00
$ 225,000.00
$ 187,500.00
$ 150,000.00
$ 112,500.00
$
75,000.00
$
37,500.00
$
-

Interest
$ 23,625.00
$ 21,000.00
$ 18,375.00
$ 15,750.00
$ 13,125.00
$ 10,500.00
$ 7,875.00
$ 5,250.00
$ 2,625.00
$
-

$ 14,175.00

$ 118,125.00

$ 11,812.50

1,417.50

Investment
Generator 100 kW
Generator 50 kW
Battery Bank
Wind Turbines
Converter

Original Situation
Lifetime
Cost
(years)
cost
$ 20,000.00

Add Generator

Lifetime years
Replacement Cost
(years)

cost

5.14 $

18,910.51

$
$

Add WECS

10 year

1,891.05

Lifetime years
Replacement Cost
(years)

cost
20,000.00
15,000.00

15.11 -$
7.64 $

6,763.73
4,633.51

20,000.00

$ 75,000.00
$ 250,000.00
$ 20,000.00

Average annual replacement costs

Project period

Replacement Cost

-$

213.02

9.11

1,953.90

12.00 -$
10.00 $
15.00 -$

12,500.00
6,666.67

-$

1,721.28

Original Situation

Add Generator

Add WECS

Operation & Maintenance

Part-Time Technician

1,000.00

1,000.00

1,000.00

Generator 100 kW
Generator 50 kW
Battery Bank
Wind Turbines
Converter

2,573.70

$
$

893.40
1,766.70

1,482.00

$
$
$

3,250.00
5,000.00
250.00

Annual O & M Cost

10,982.00

3,573.70

3,660.10

0.3 $ per running hour

0.3 $ per running hour
1000 $ per turbine per year