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A Provincial Program Is Subsidizing Programs for Alternative Energy Usage

Question 32

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A provincial program is subsidizing programs for alternative energy usage. Suppose there are two programs to consider: (i)a system that uses solar energy, and (ii)a system that uses wind energy. Each system lasts 25 years and has the same expected benefits. Economic data on both systems are presented below:
A provincial program is subsidizing programs for alternative energy usage. Suppose there are two programs to consider: (i)a system that uses solar energy, and (ii)a system that uses wind energy. Each system lasts 25 years and has the same expected benefits. Economic data on both systems are presented below: If the MARR is 5%, which system is preferred from the viewpoint of a private producer and from the viewpoint of a public decision-making? If the MARR is 5%, which system is preferred from the viewpoint of a private producer and from the viewpoint of a public decision-making?

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Since benefits are the same, let us calc...

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