Electricity generated from the system is a saving, as this amount of electricity is not going to be purchased from the utility company (or, if it’s a grid-connected system, electricity can be sold back to the utility company). How do you compute the annual dollar amount of the saving? Do the panels decline in efficiency each year?

Refrigeration and Air Conditioning Technology (MindTap Course List)
8th Edition
ISBN:9781305578296
Author:John Tomczyk, Eugene Silberstein, Bill Whitman, Bill Johnson
Publisher:John Tomczyk, Eugene Silberstein, Bill Whitman, Bill Johnson
Chapter2: Matter And Energy
Section: Chapter Questions
Problem 27RQ: How many Btu/h would be produced in a 12-kW electricheater?
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Electricity generated from the system is a saving, as this amount of electricity is not going to be purchased from the utility company (or, if it’s a grid-connected system, electricity can be sold back to the utility company). How do you compute the annual dollar amount of the saving? Do the panels decline in efficiency each year?

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