A homeowner decides to install photovoltaic cell system on the roof of his house to meet the

Question:

A homeowner decides to install photovoltaic cell system on the roof of his house to meet the electricity needs of the house. The capacity of the solar system is 6 kW and the cost of solar cells is $1.3/W. If the house-owner currently pays an average of $125 for the electricity per month, determine how long it will take for the photovoltaic system to pay for itself. Assume the homeowner can meet approximately 80 percent of the electricity needs of the house by the solar system.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Thermodynamics An Engineering Approach

ISBN: 978-0073398174

8th edition

Authors: Yunus A. Cengel, Michael A. Boles

Question Posted: