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Vol.4 , No. 6, Publication Date: Nov. 16, 2017, Page: 67-70
| [1] | Jacob Gargir, Department of Industrial Engineering, Shenkar College, Ramat Gan, Israel. |
The article examines new developments in the Climate Conference in Paris. It also reviews changes in the institutional policies in Israel on solar energy systems. Key factors for a profitable model of a solar energy system are examined: cost of the initial investment, geographical location & sun utilization, the placement of solar system, price of electricity and the firm’s cost of capital. A 50 Kwh capacity for a business solar system is examined with full details of the investment components. Calculations include: reduction of panel efficiency, inflation, cost of capital, taxes, charges, and tax savings on loan’s interest. The result is a project that provide investors with a profitable 33% return on the investment, without any governmental or municipal subsidies.
Keywords
Major Factors Affecting Economic Models, For Non-Subsidized Businesses, Investing in Solar Energy Systems, Research in Israel Energy Network
Reference
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