Assessing the economics of solar vs. conventional energy strategy is fraught with difficulty. Renewable energy technologies often require a substantial initial investment while conventional energy simply requires customers to continue to pay their utility bills. Though the latter may come off as economical, it's often not. In fact, few people realize how inexpensive and profitable solar technologies have become as a result of mass production, financial incentives by various governmental agencies and utilities, and rising energy costs.
To demonstrate the favorable economics of solar technology, expert speaker Dan Chiras, Ph.D. will present three economic tools that allow you to analyze the economics of solar systems: return on investment, net present value of lifetime costs, and lifetime cost of energy. Knowing how to calculate the economics of solar electric, solar thermal, and passive solar systems will help installers more effectively market solar systems and will assist policy makers in planning for future expansion.
Going further, the session will help you understand:
Who Should Attend
Dan Chiras is director of and lead instructor at The Evergreen Institute’s Center for Renewable Energy and Green Building in east central Missouri where he teaches numerous workshops on residential renewable energy, including fundamentals of solar electricity and PV site assessment, design, and installation. Dr. ... More info