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Solar PV Electricity and Solar Heating - Howell-Mayhew Engineering

Solar PV Electricity and Solar Heating - Howell-Mayhew Engineering

Solar PV Electricity and Solar Heating - Howell-Mayhew Engineering

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A+ for EnergyContext: Energy Efficiency vs. Adding Energy…• <strong>Solar</strong> electricity option:– Does NOT reduce your electricity consumption!– Instead it substitutes your electricity sourcefrom coal <strong>and</strong> natural gas over to the sun…• Energy efficiency option:– This is the cheapest, most important <strong>and</strong> shortest payback option…– but it is emotionally boring• <strong>Solar</strong> electricity has much higher costs <strong>and</strong> longer paybacksthan energy efficiency– It is exciting <strong>and</strong> something you can brag about to your friends…Socialism collapsed because it did not allow the market to tell the economic truth. Øystein DahleCapitalism may collapse because it does not allow the market to tell the ecological truth. Exxon Norway<strong>Solar</strong> Energy Project Development Specialists 8

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