If we wanted to supply all the electricity needs for New York City (NYC), with a population of about 10 million people, using photovoltaics technology, how much land area would we need? What other elements would be required for such an idea to work for NYC? How large of an investment would this involve, and how would the price of electricity in ¢ per kW e h have to increase in order to recover that investment in 10 years at an interest rate of 8%? For comparison, the average New Yorker paid 12 ¢ /kW e h in 2002.

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13.2 If we wanted to supply all the electricity needs for New York City (NYC), with a population of about 10 million people, using photovoltaics technology, how much land area
would we need? What other elements would be required for such an idea to work
for NYC? How large of an investment would this involve, and how would the price of
electricity in ¢ per kW e h have to increase in order to recover that investment in 10 years
at an interest rate of 8%? For comparison, the average New Yorker paid 12 ¢ /kW e h
in 2002.

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