You install solar power in your home, and the solar panel costs $500 and is capable of producing 3 Million joules of energy each day. If electrical costs are $0.15/kilowatt hour, a kilowatt is equal to 1000 watts, and there are 3600 joules in 1 watt hour, how long will it take for the solar panel to pay for itself in electrical savings?
You install solar power in your home, and the solar panel costs $500 and is capable of producing 3 Million joules of energy each day. If electrical costs are $0.15/kilowatt hour, a kilowatt is equal to 1000 watts, and there are 3600 joules in 1 watt hour, how long will it take for the solar panel to pay for itself in electrical savings?
College Physics
11th Edition
ISBN:9781305952300
Author:Raymond A. Serway, Chris Vuille
Publisher:Raymond A. Serway, Chris Vuille
Chapter1: Units, Trigonometry. And Vectors
Section: Chapter Questions
Problem 1CQ: Estimate the order of magnitude of the length, in meters, of each of the following; (a) a mouse, (b)...
Related questions
Question
You install solar power in your home, and the solar panel costs $500 and is capable of producing 3 Million joules of energy each day. If electrical costs are $0.15/kilowatt hour, a kilowatt is equal to 1000 watts, and there are 3600 joules in 1 watt hour, how long will it take for the solar panel to pay for itself in electrical savings?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 4 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, physics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![College Physics](https://www.bartleby.com/isbn_cover_images/9781305952300/9781305952300_smallCoverImage.gif)
College Physics
Physics
ISBN:
9781305952300
Author:
Raymond A. Serway, Chris Vuille
Publisher:
Cengage Learning
![University Physics (14th Edition)](https://www.bartleby.com/isbn_cover_images/9780133969290/9780133969290_smallCoverImage.gif)
University Physics (14th Edition)
Physics
ISBN:
9780133969290
Author:
Hugh D. Young, Roger A. Freedman
Publisher:
PEARSON
![Introduction To Quantum Mechanics](https://www.bartleby.com/isbn_cover_images/9781107189638/9781107189638_smallCoverImage.jpg)
Introduction To Quantum Mechanics
Physics
ISBN:
9781107189638
Author:
Griffiths, David J., Schroeter, Darrell F.
Publisher:
Cambridge University Press
![College Physics](https://www.bartleby.com/isbn_cover_images/9781305952300/9781305952300_smallCoverImage.gif)
College Physics
Physics
ISBN:
9781305952300
Author:
Raymond A. Serway, Chris Vuille
Publisher:
Cengage Learning
![University Physics (14th Edition)](https://www.bartleby.com/isbn_cover_images/9780133969290/9780133969290_smallCoverImage.gif)
University Physics (14th Edition)
Physics
ISBN:
9780133969290
Author:
Hugh D. Young, Roger A. Freedman
Publisher:
PEARSON
![Introduction To Quantum Mechanics](https://www.bartleby.com/isbn_cover_images/9781107189638/9781107189638_smallCoverImage.jpg)
Introduction To Quantum Mechanics
Physics
ISBN:
9781107189638
Author:
Griffiths, David J., Schroeter, Darrell F.
Publisher:
Cambridge University Press
![Physics for Scientists and Engineers](https://www.bartleby.com/isbn_cover_images/9781337553278/9781337553278_smallCoverImage.gif)
Physics for Scientists and Engineers
Physics
ISBN:
9781337553278
Author:
Raymond A. Serway, John W. Jewett
Publisher:
Cengage Learning
![Lecture- Tutorials for Introductory Astronomy](https://www.bartleby.com/isbn_cover_images/9780321820464/9780321820464_smallCoverImage.gif)
Lecture- Tutorials for Introductory Astronomy
Physics
ISBN:
9780321820464
Author:
Edward E. Prather, Tim P. Slater, Jeff P. Adams, Gina Brissenden
Publisher:
Addison-Wesley
![College Physics: A Strategic Approach (4th Editio…](https://www.bartleby.com/isbn_cover_images/9780134609034/9780134609034_smallCoverImage.gif)
College Physics: A Strategic Approach (4th Editio…
Physics
ISBN:
9780134609034
Author:
Randall D. Knight (Professor Emeritus), Brian Jones, Stuart Field
Publisher:
PEARSON