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the RPS Case Study and apply basic financial analysis to renewable energy projects. Much of this is related to the material inEGEE 102(Links to an

the RPS Case Study and apply basic financial analysis to renewable energy projects. Much of this is related to the material inEGEE 102(Links to an external site.)

.(Feel free to refer back to that course for help.) Also note that this information is reviewed in this course at the end of Lesson 1.

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.)

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 (Note that this is an archived page - you can hit the red "x" in the top right corner to remove the unnecessary heading.)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. (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. (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?
  3. (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.)
  4. (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.)
  5. (2 pts) Assuming a 30% Federal Tax Credit, what was the final cost of the system?
  6. (2 pts) How many SRECs can she expect to earn each year, based on the information above? Round to two decimal places.
  7. (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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PA Alternative Fuel Certification [1] EIA-860 Plant Name Fuel Types at Facility Total Nameplate Capacity [2] Certification Start RTO PA PA-394331-SUN-I evengood, Darvin (95571) Solar 0.0069 2011-02-23 PJM PA PA-394219-SUN-I C Esbenshade Solar 0.08712 2011-02-23 PJM IL PA-15063-SUN-I Steve & Mary White Solar Power (p) Solar 0.003135 2011-09-08, 2011-02-23 PJM PA PA-393844-SUN-I Hanjaras, Hanjaras, James & Melanie (95634) Solar 0.0092 2011-02-23 PJM PA PA-393841-SUN-I Johnson, Arthur (95633) Solar 0.01012 2011-02-23 PJM PA PA-393847-SUN-1 Muench Power Solar 0.01012 2011-02-23 PJM PA PA-393857-SUN-I Mellencamp Solar 0.0047 2011-02-23 PJM PA A-393833-SUN-I Lavine, Ernest Residence Solar .0050 2011-02-22 PJM PA A-394284-SUN-I Harmony Beverage Solar 0.099825 2011-02-22 PJM PA A-393934-SUN-I Weldship Corporation (p) Solar .19136 2011-02-27 PJM PA A-393831-SUN-I Matt Caplinger Solar 0.00378 2011-02-22 PJM PA PA-394642-SUN-1 Charles Patterson (p) Solar 0.00816 2011-02-22 PJM PA A-393832-SUN-I SHAYNESG1 Solar 0.00559 2011-02-22 PJM PA A-393825-SUN-I PV Kraemer Solar .00315 2011-02-22 PJM PA A-393829-SUN-I Francisville East Solar 0.0483 2011-02-22 PJM PA A-393952-SUN-I Bob Zimmerman Solar 0.014784 2011-02-22 PJM PA PA-393830-SUN- Funks Solar 0.02184 2011-02-22 PJM PA PA-393828-SUN-I Kang, Tep Residence Solar 0.01034 2011-02-22 PJM PA A-393827-SUN-I Jacobson, Robert Residence Solar .00361 2011-02-22 PJM PA A-393826-SUN-I Neal Residence Solar 0.00552 2011-02-22 PJM PA A-393822-SUN-I Coombs Residence Solar 0.0038 2011-02-21 PJM PA A-393819-SUN-I Sweigert Residence Solar 0.00702 2011-02-21 PJM PA A-393933-SUN-I Hafer Petroleum (p) Solar 0.09867 2011-02-21 PJM PA A-393818-SUN-I The Rohrer Company (p) Solar 0.0198 2011-07-16, 2011-02-21 JM PA A-393821-SUN-I Najjar Family--State Colleg Solar .00414 2011-02-21 PJM PA A-393823-SUN-I Van Buren, Michael (95605) Solar 0.00516 2011-02-21 PJM PA PA-393820-SUN-I C Forry Solar 0.00828 2011-02-21 PIM PA PA-393988 WadelG Solar 0.00387 2011-02-21 PJM PA PA-393817-SUN-I Martin pmc Solar 0.009555 2011-02-19 PJM PA A-393816-SUN-I Lindenmeyer, Leonard Solar 0.007755 2011-02-19 PJM PA A-393937-SUN-I Gomba, Paul Solar 0.004515 2011-02-19 PJM PA A-393813-SUN-I Laicha Solar 0.007755 2011-02-18 PJM PA A-393814-SUN-I Stoltzfus, Steve (95577) Solar 0.01012 2011-02-18 PJM PA A-393815-SUN-I National Magnetics Solar .24518 2011-02-18 PJM PA A-393896-SUN-I J.R. Peters Solar .19734 2011-02-18 PJM OH A-36064-SUN-I Ilsco Solar 0.0247 2011-02-18 PJM PA A-393846-SUN-I Bajek Solar Solar 0.00748 2011-02-18 PJM PA PA-393812-SUN-I Josh & Rachel Miller Residence(p) Solar 0.00996 2011-02-18 PIM PA PA-393862-SUN-I Petzold Residence Solar 0.00945 2011-02-17 PJM\f

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