About the technology maturation

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Anyone help me with this problem in excel? 4. Technology Maturation. Green Futures operates a solar panel power generation facility in Florence, Alabama. The current field generates 10 million kilowatt-hours per year, but every year production drops off by 1 million kilowatt hours, as dust and droppings accumulate on the panels. Replacing the panels right now with the newest technology panels will increase output to 15 million kilowatt-hours, which will then also drop off by 1 million kilowatt hours per year. A new set of panels costs $1.5 million installed. In two years, an even newer panel will be available, with 18 million kilowatts output for only $1 million installed. Green futures sells electricity for $0.07 per kilowatt hour. When should the panels be upgraded? Do an analysis of the next 15 years. Use a discount rate of 15%.

Reference no: EM131202037

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