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Cost of Solar PV System is $1 per watt, Size is 20 kW, the Interest rate is 4%, Energy saved is 18000 kWh per year,

Cost of Solar PV System is $1 per watt, Size is 20 kW, the Interest rate is 4%, Energy saved is 18000 kWh per year, Cost of electricity is $0.12/kWh

How long will it take to recover the investment, assuming no other cash flows?

How long will it take to recover the investment if you apply the 30% tax credit?

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