What is the payback time on a solar hot-water system that cost$ 5,000? Assume the system reduces electrical energy consumption by 4,000 kWhr each year and ilectricity costs 16 cents per kWhr. O 8 years O 4 years O 12 years O 15 years.

Elements Of Electromagnetics
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What is the payback time on a solar hot-water system that cost$ 5,000? Assume the system reduces electrical energy consumption by 4,000 kWhr each year and ilectricity costs 16 cents per kWhr.

O 8 years

O 4 years

O 12 years

O 15 years.  

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