Question: 3. PNM is considering installing a wind farm using units rated at 3 MW (million watts) to take care of a new planned community of

3. PNM is considering installing a wind farm using units rated at 3 MW (million watts) to take care of a new planned community of 20,000 homes. The average home will use 77 million BTUs. Assuming each wind unit has an overall efciency of 45 %, how many units do they need? If it costs them $1 million per MW installed, how much do they need to charge per kWh if they want to recover the installation cost in 25 years? Assume the turbines run for 24 hours a day? Note: they will add an additional charge for running the installation and prot. But for this exercise, we will focus only on the cost of installing the wind farm

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