University is seeking a grant to cover capital costs

Assignment Help Business Economics

Reference no: EM136671

A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500kw, have a life expectancy of 20 years and suppose the discount rate is 10%.

a) If electricity can be purchased for costs of $0.10 per kwh, how many hours per year will the solar panels have to operate to make this project break even?
b) If efficient systems operate for 2,400 hours per year, would the project break even?
c) The university is seeking a grant to cover capital costs. How big of a grant would make this project worthwhile (to the university)?

Reference no: EM136671

Questions Cloud

Illustrate an energy diagram for the reaction : Plants lacking this enzyme grow slowly and are often light green or white in colour. Provide explanations with support for both these plants' slow growth rates and light-green or white appearance.

Labor and capital costs : If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.

Cross between the purple-flowered plant and white-flowered : In pea plants, allele for purple flowers (P) is dominant to the allele for white flowers (p). In a cross between the purple-flowered plant and the white-flowered plant, all 73 of the offspring plants had purple flowers. Which of the most likely descr..

Curtailed on the nadir : The narrator is consumed by the idea that human begings do not actually have free will. How is his free curtailed on the nadir, and how does he fight back.

University is seeking a grant to cover capital costs : The university is seeking a grant to cover capital costs. How big of a grant would make this project worthwhile (to the university).

Major employer in a small town : A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.

What importance are the swollen and sore lymph glands : The child is running a fever, has fflu-like symptoms, and his lymph glands are very swollen and sore to the touch. Of what importance are the swollen and sore lymph glands.

Amount of imports fall : Why as a result of rise in exchange rate, the amount of imports fall but not as much as it does when the supply is perfectly elastic.

What has been the average annual rate of po : A mutant prostist is found in which some mitochondria lack an inner mitochondrial membrane. Which pathways would be completely disrupted in these mitochondria.

User Account

All Pages