Question: VTEPS, Inc. is considering installing solar panels to replace some of its electricity consumption. It has gathered the following information: Current Energy cost = $0.15/kWh

VTEPS, Inc. is considering installing solar panels to replace some of

VTEPS, Inc. is considering installing solar panels to replace some of its electricity consumption. It has gathered the following information: Current Energy cost = $0.15/kWh Local government will subsidize 70% of cost Solar panel power = 20 kWh/ft^2 Panel installation = $100/ft^2 Panel size installed = 350 ft MARR = 6% How much money must VTEPS, Inc. pay today for the panels? _____ How many years are required to recover this cost? _____ (Original Situation in chart below below) Recreate the following table in Excel

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