Background You are a sustainability officer for a community association in Edmonton, and you want to install a solar PV system on the roof of one of the community buildings. a The City of Edmonton has launched a funding competition to invest in community projects. Any association can apply, and the winner of the competition will receive $10,000 You have been asked to write the business case to be reviewed by the community association. If you gain approval from the community associations, you can apply for additional Assumptions You have made the following assumptions have been made about the project: The community association owns the building. Planning permission has been achieved, and costs for planning permissions do not need to be included. The community association has raised $6,000 from local fundraising events. . Typical electrical usage from the building is 7.200 kWhvYear (Energyrates.ca, 202). Solar-PV system specs a. The system is expected to cost $16,000, b. It is a 5.64 kW system and will produce 7.200 kWh of electricity per year. The system will require approximately 17 panels. . Cost of electricity in Alberta at the time of analysis is $0.166/kWh Is there a business case to pursue this project? Background You are a sustainability officer for a community association in Edmonton, and you want to install a solar PV system on the roof of one of the community buildings. a The City of Edmonton has launched a funding competition to invest in community projects. Any association can apply, and the winner of the competition will receive $10,000 You have been asked to write the business case to be reviewed by the community association. If you gain approval from the community associations, you can apply for additional Assumptions You have made the following assumptions have been made about the project: The community association owns the building. Planning permission has been achieved, and costs for planning permissions do not need to be included. The community association has raised $6,000 from local fundraising events. . Typical electrical usage from the building is 7.200 kWhvYear (Energyrates.ca, 202). Solar-PV system specs a. The system is expected to cost $16,000, b. It is a 5.64 kW system and will produce 7.200 kWh of electricity per year. The system will require approximately 17 panels. . Cost of electricity in Alberta at the time of analysis is $0.166/kWh Is there a business case to pursue this project
