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Identifier

GPS_2008_POWER_Home_Scale_Solar_Power

Date

2008

Abstract

Our goal in researching this topic was to create a guide to cost-effective solar power solutions for anyone interested in applying solar power to their home, regardless of their budget. We analyzed the feasibility of implementing solar panels in residential applications. The solar technology market can seem daunting to the average consumer. This was rectified by compiling information into a table and comparing the cost of several different types of systems with the efficiency and the estimated payback period of each system. We looked at solar manufacturing company websites to find estimates on photovoltaic and thermal water heating systems. The payback period was estimated by subtracting the amount of money saved on the average consumer’s utility bill, factoring in federal and state incentives, and calculating the amount needed to pay off the adjusted cost of the system.

Keywords

Power the World

Language

English

Publisher

Worcester Polytechnic Institute

Rights

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

Course

Power the World

Program

Great Problems Seminar

Format

application/pdf

Home Scale Solar Power


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