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Calculate the IRR(internal rate of return) if the power company gets a fixed feed-in tariff of $0.25/k

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A homeowner paid $4000 for a solar water heater and received a tax credit of 30%. The system saves $450 per year. Find a simple payback time. Assuming a discount rate of 5%, find the payback time based on the Present Worth analysis. A solar power company plans to build a 50 MWe solar power […]

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