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 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/ft2

Panel installation = $100/ft2

Panel size installed = 350 ft2

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:

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

Years | % Change .Original Situation 25% change in i 125% decrease in subsidy 125% increase in subsidy 25% change in panel power 25% change in energy cost Cost = Years | % Change .Original Situation 25% change in i 125% decrease in subsidy 125% increase in subsidy 25% change in panel power 25% change in energy cost Cost =

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