Question

Short/Long Answer Questions

Problem 1:

Suppose that you own a single-family house in Honolulu without solar PV. Sunrun offers a “solar + storage” plan, where you would purchase both solar PV and battery. In present value, would the benefits of the “solar + Storage” plan exceed the costs? Explain. (You will need to make many assumptions for your analysis. Elaborate on how your answer depends on the various assumptions.

Problem 2:

Hawaiian Electric now offers “Community-Based Renewable Energy” program.

1. Explain the rationale for the program. Who are the target customers (energy users)? How is the program funded?

2. In the case of Honolulu, explain the potential net benefits to energy users who would quality for CBRE (Community-Based Renewable Energy).

Answer 1

A:-solar PV(solar photovoltaic ) is a technology that convert sunlight into direct current .i.e electricity using semiconductor.This technology is on based on renewable energy, due to this there is no any effect by using it.The main rationale is that the electricity produced by solar cell is clean and silent,it do not use fuel or any energy other sunshine and it does not produce and harmful  gas or any things.and it is one times investment.

Person having best knowledge regarding solar pv and focus on advantage of solar PV are the target consumers.

companies offered free solar panels in the past time but now this services is not available .As solar panels are becoming more affordable that why government has drastically reduced the Feed in Tariff.so it can,t be funded by any one.

B:-solar pv is very benefit for honolulu They are using community Based Renewable energy due to this there community will be free from  pollution as well as unwanted electricity bill.and also be a inspiration for those community who are using normal electricity.