Repayment Strategies for the Home Power Plant
by John Stafford
The investment in a home power plant can run between $16,000 - $39,000 depending on the size of the family and its power consumption.
The operation of a diesel-powered generator is efficient, economical and environmentally sound. Fuel purchased in bulk can save the owner between 20-30% less.
Private power fluctuates less than a public utility and therefore there is less wear and tear on your appliances. These are small payback strategies.
Larger ones involve the nearest public utility company and your immediate neighbors. These options should be researched in detail before you purchase your power plant.
First, you should evaluate the cost to generate your own power versus the cost of the public utility.
The averaged cost of a small two adult family is $1,125 a year for electricity from a public electrical company.
The estimated cost of having two 30 kW diesel generators, their upkeep, maintenance and repairs should first be depreciated.
This will amount to a sum between $6,400 - $15,600 for the generators. The cost of fuel, engine oil, air and oil filters and other miscellaneous parts is estimated at $11,292 per year.
The averaged cost of power during a ten-year period is estimated to be $1,769 - $2,689. Doing power by yourself is obviously more expensive than buying it from the grid.
Payback strategies are a very important consideration.
The first payback strategy would be to participate in a public grid, which was able to support distributive generation.
This strategy allows you, the private power producer, to sell back to the local power company any power over your usage during the billing period. Power meters often in these situations run backwards and the power company ends up owing you each month! This has worked in a limited fashion in the United Kingdom with the regulatory commission there offering incentives for individuals becoming distributed network operators. Those individuals living in the United States may have a difficult time since most power companies are not configured to manage their assets in a proactive manner nor are they willing to share in a natural monopoly. The death of inventive power research occurred in the United States in 1989. It was during this year when all investment in solar, wind and generator power research was sold, through the approval of the United States Congress, to Germany and Japan. This is an unfortunate product of the oil industry, which fears innovation in the power industry in any shape.
Another strategy to repay for your self-power might be the combination of solar generated, wind turbine, long state battery storage and diesel generator power. This requires a long-state battery storage unit, much like those found on Midwestern wheat farms in Kansas and Nebraska during the 1930-1940s. These were silver-oxide and the same as those used later in airplanes during World War II. Their advantage was that they could keep being used and recharged for a longer period than a regular automotive battery. The wind power unit, a combination of geared wind vanes and a DC alternator can be connected to the battery storage unit. If the local wind and breezes are constant then the batteries are recharged, however if it is a still day the solar panels of the house roof can recharge them. The diesel generators can be reduced to just one which is operational during the hours of darkness or inclement weather.
About the Author
John Stafford is the webmaster and a contributor for http://www.diesel-generator-central.com and http://www.diesel-performance-pros.com
Visit http://www.diesel-generator-central.com to research your next diesel engine or diesel generator then purchase from one of our wide range. http://www.diesel-generator-central.com offers experienced and professional advice to assist you in your next diesel decison.
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