What is the Replacement Cost of a Wind Farm?
Here is one recent example to be built in Quebec and it's a good indicator based on today's construction costs. This excludes all land acquisition.
Estimated Cost New $330,000,000
Generating Capacity 150 megawatts from 89 units. The scope of the project includes installation of wind turbines, transmission lines, control-transformer stations and access roads.
Computed Cost Per MW $2.2 million.
Computed Cost Per Unit $3.7 million
Keeping on top of new construction costs means reviewing market examples such as the one above on a daily basis then applying these real world costs in our daily appraisal practice. Follow this link to download some great brochures for your clients. From a single on line property appraisal to a book of business review we have a service to fit your clients needs.