Renewable Energy Economics. (part a) In order to generate her own electricity, a home owner...
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Renewable Energy Economics. (part a) In order to generate her own electricity, a home owner decides to install a photovoltaic panel on the roof of her house. The panel costs $8,000 and it does not require any operating and maintenance expenses. It is estimated that the panel will save $110 per month from the electricity bill. Taking the interest rate to be percent, determine the discounted payback period, in years
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