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1/ A retrofit project is estimated to cost $250,000. The energy savings are expected to last 10 years. The retrofit is expected to save 325
1/ A retrofit project is estimated to cost $250,000. The energy savings are expected to last 10 years. The retrofit is expected to save 325 MWh per year. Assuming a discount rate of 6%, and an electricity cost of $0.15/kWh: a/ What is the net-present value of the system (4 marks)? b/ What is the equivalent cost of the saved energy (4 marks)
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