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The decision to install solar electricity often comes down to tradeoffs in installation costs, payback times, and reductions in greenhouse gas emissions.  For the following questions assume a building has an electricity cost of $0.08 per kwh and the system uses 1,000,000 kwh per year. Assume the electricity supplied to the building by the utility provider comes from the following mix of sources: 35 % coal, 45 % natural gas, 10 % hydroelectric, 7.5 % nuclear, and 2.5 % wind energy.   How much does the building currently pay for electricity?

The decision to install solar electricity often comes down to tradeoffs in installation costs, payback times, and reductions in greenhouse gas emissions.  For the following questions assume a building has an electricity cost of $0.08 per kwh and the system uses 1,000,000 kwh per year. Assume the electricity supplied to the building by the utility provider comes from the following mix of sources: 35 % coal, 45 % natural gas, 10 % hydroelectric, 7.5 % nuclear, and 2.5 % wind energy.   How much does the building currently pay for electricity?

Applications and Investigations in Earth Science (9th Edition)
Applications and Investigations in Earth Science (9th Edition)
9th Edition
ISBN:9780134746241
Author:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Publisher:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Chapter1: The Study Of Minerals
Section: Chapter Questions
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  1. The decision to install solar electricity often comes down to tradeoffs in installation costs, payback times, and reductions in greenhouse gas emissions.  For the following questions assume a building has an electricity cost of $0.08 per kwh and the system uses 1,000,000 kwh per year. Assume the electricity supplied to the building by the utility provider comes from the following mix of sources: 35 % coal, 45 % natural gas, 10 % hydroelectric, 7.5 % nuclear, and 2.5 % wind energy.

 

  1. How much does the building currently pay for electricity?
Expert Solution
Step 1

Electricity cost = $0.08/kwh

Total consumption of energy =1,000,000 kwh/yr

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