In a sunnier location than Eugene, the sun shines for an average of 2000 hours per year. A home owner installs solar panels that generate 3.5 kW from these panels when the sun is shining. If the local electric utility charges $0.15 per kWh, how much money do the solar panels save the home owner per year? Give the answer to the nearest dollar.

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In a sunnier location than Eugene, the sun
shines for an average of 2000 hours per year. A
home owner installs solar panels that generate
3.5 kW from these panels when the sun is
shining. If the local electric utility charges $0.15
per kWh, how much money do the solar panels
save the home owner per year? Give the answer
to the nearest dollar.
Transcribed Image Text:In a sunnier location than Eugene, the sun shines for an average of 2000 hours per year. A home owner installs solar panels that generate 3.5 kW from these panels when the sun is shining. If the local electric utility charges $0.15 per kWh, how much money do the solar panels save the home owner per year? Give the answer to the nearest dollar.
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