Quiz 4 - Excel Search Sign in - AutoSave Of H File Home B Draw o X Comments Insert Page Layout Formulas Data Review View Help Share 015 : x v for B C D E F G H I J K L M N O P Q R S T U V Running the Numbers for Tesla's Solar Roof: How Much Will It Cost Me? Exciting News! Tesla is developing a new roofing system that looks like existing shingles, but are actually solar panels that can 6 generate electricity. Hopefully, I can completely cut-off the electrical grid and generate my own electricity at no cost. 8 Costs for the system are not yet known, but I want to know at what price range this project will be a reasonable solution for me. I currently expect a rate of return of 10%, on capital projects, and would view this as a 20-year project with no salvage value. I do not 10 believe that there are any maintenance expenses associated with this system. 11 Currently my average electric bill is $160/month, (level billing - my monthly bill is fixed for 12-months). I expect electric rates to go up 12 an average of 2% per year. 13 14 What is the maximum price that I can consider acceptable for this project? 3-Points 16 What would be the maximum price I can consider if I included the 30% Solar Income Tax Credit? 2-Points 17 18 10 Sheet1 Ready 9 J - 90% @ ^ a + - + 9:38 AM 4/16/2020 Type here to search OBie 9 a 19 B