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Read the following statement: The installation of a solar thermal system of course has an investment of $ 1 4 . 5 4 5 .

Read the following statement: The installation of a solar thermal system of course has an investment of $14.545. The same conventional installation would have cost $5.890. The energy demand is 17.200 kWh/year and the solar fraction is 67%. The cost of conventional energy is $ 0.045/ kWh the first year, with an expected increase of 6% anually. Calculate amortization period, considering an annual inflation rate of 3.5%. So, calculate the payback period assuming that for the previous year, the energy cost of the solar installation support system is $0.079/kWh

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