Florida Study - Bipartisan Policy Center

Conversion Technology: Large Residential or Small Commercial Solar PhotovoltaicConversion Technology: Horizontal Axis Wind Turbine Power PlantFacility Size (Nameplate): 16 0.01 MW MW (dc)Capacity Factor:0.3750.15252,560,000 kWh/yearGeneration/Year: 13,315 kWh (dc)/yearTotal Industry Output: $3,621,384 ($0.0689/kWh)TotalBreakevenIndustryTotalOutput:Industry$1,391Output:($0.1045/kWh)$6,432,677 ($0.1224/kWh)Breakeven Employees: Total 7 Industry Output: $5,168 ($0.3881/kWh)Employees: Source: Renewable 0 Energy Technical Assessment Guide—TAG-RE: 2006. EPRI, Palo Alto, CA: 2007.1012722Source: Borenstein, Severin. 2008. “The Market Value and Cost of Solar PhotovoltaicElectricity Production”. Center for the Study of Energy Markets, University of CaliforniaEnergy Institute; Renewable Energy Technical Assessment Guide—TAG-RE: 2006. EPRI,Palo Alto, CA: 2007. 1012722Table B.1. IMPLAN Expenditures for Solar Photovoltaic TechnologyIMPLANType Sector IMPLAN Sector Description Expenditures*Investment 311Semiconductors & Related Device Manufacturing(Solar Panels) $82,863Operating 485 Commercial Machinery Repair & Maintenance $275Depreciation 311 Semiconductors & Related Device Manufacturing $3,836*2006 dollarsExpenditure Summary for Solar Photovoltaic TechnologyExpenditure Type Total $* $/kWhInvestment $82,863 $6.22Operating $275 $0.02Depreciation $3,836 $0.29*2006 dollarsFederal Renewable Energy Portfolio Standard Impacts on Florida B.3