After about 18 months of steady running from our 6kW wind turbine, we are now beginning to see a long enough timeline to get a firmer idea of the cash flows, Return on Investment, Payback and all those other good things... So here's a graphical presentation.
Cash Flows (£thousands)
November
2011
August
2012
February
2013
Feb
2014
Total
Item
0
Planning Application
Abortive Grant Application
4
.5
DNO G59 Charge
Groundworks and Concrete
Wiring (grid-tie inverter to domestic distribution box)
As we invested, each cost moved us down into the red, shown by the downward arrows on the left hand side of the graphic. Now we are earning and each payment moves us back up towards break even, shown by the green arrows
There's more detail to fit onto this yet, with the option to drill down for a growing selection of the items.
But, for those of you looking for a sniff of the bottom line, the Return on Investment here is around 10.3%, break even is after almost exactly ten years - October 2021
Payment Received - FIT Generation plus Deemed Export plus Power Used On Site
For the Winter quarter, payment was received as follows: