Study and apply basic financial analysis to renewable energy projects Show all calculations clearly indicate how you arrived at your answers It is best to walk me through these calculations Please organize your answers clearly, e g use 1), 2), 3), etc Visit thePA AEPS(Links to an external site ) https web archive org web 20150905103648 http paaeps com credit website (Note that this is an archived page you can hit the red x in the top right corner to remove the unnecessary heading ) On the Qualified Facilities page of the site, you'll find a list of all alternative energy facilities that qualify for the AEPS program Go to this page and search for U Rock (Again, I strongly suggest using to search for U Rock ) This is the array installed by Dr Vera Cole, the author of this course (1 pt)The PA AEPS gives the nameplate capacity in MW What is the capacity of this system (U Rock) in MW in kW (2 pts) Based on the location, orientation, tilt, and components, this system is expected to generate about 1,200 kWhs per year per installed kW How many kWh will the system generate each year (2 pts)If electricity costs $0 12 per kWh, how much will I save on electricity bills each year (Assume that the house is using more electricity than the system generates, so solar electricity will just make each month's bill smaller ) (2 pts) Assume that the total installation cost was $4 25 W at the time it was installed (including all labor, components, balance of system, taxes, permitting) How much did the system cost (It would be much closer to $3 W now, but it was installed about 15 years ago ) (2 pts) Assuming a 30 Federal Tax Credit, what was the final cost of the system (2 pts) How many SRECs can she expect to earn each year, based on the information above Round to two decimal places (4 pts) To realize a simple payback of 10 years, what would the average selling price of S RECs need to be (Assume no maintenance costs and do not consider time value of money ) Think through this carefully Show your work

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Study and apply basic financial analysis to renewable energy projects. Show all calculations - clearly indicate how you arrived at your answers. It is best

Study and apply basic financial analysis to renewable energy projects.

Show all calculations - clearly indicate how you arrived at your answers. It is best to "walk me through" these calculations. Please organize your answers clearly, e.g. use 1), 2), 3), etc.

Visit thePA AEPS(Links to an external site.)

https://web.archive.org/web/20150905103648/http://paaeps.com/credit/

website.

(Note that this is an archived page - you can hit the red "x" in the top right corner to remove the unnecessary heading.) On the "Qualified Facilities" page of the site, you'll find a list of all alternative energy facilities that qualify for the AEPS program.

Go to this page and search for "U Rock". (Again, Istrongly suggestusing to search for U Rock.) This is the array installed by Dr. Vera Cole, the author of this course.

(1 pt)The PA AEPS gives the nameplate capacity in MW. What is the capacity of this system (U Rock) in MW? in kW?
(2 pts) Based on the location, orientation, tilt, and components, this system is expected to generate about 1,200 kWhs per year per installed kW. How many kWh will the system generate each year?
(2 pts)If electricity costs $0.12 per kWh, how much will I save on electricity bills each year? (Assume that the house is using more electricity than the system generates, so solar electricity will just make each month's bill smaller.)
(2 pts) Assume that the total installation cost was $4.25/W at the time it was installed (including all labor, components, balance of system, taxes, permitting). How much did the system cost? (It would be much closer to $3/W now, but it was installed about 15 years ago.)
(2 pts) Assuming a 30% Federal Tax Credit, what was the final cost of the system?
(2 pts) How many SRECs can she expect to earn each year, based on the information above? Round to two decimal places.
(4 pts) To realize a simple payback of 10 years, what would the average selling price of S-RECs need to be? (Assume no maintenance costs and do not consider time value of money.) Think through this carefully! Show your work.