Document Type

Closed Project

Publication Date

Fall 2008


Timothy Anderson

Course Title

Engineering Economic Analysis

Course Number

EMGT 535


This paper describes the benefits of the utilization of solar photovoltaics (PV) in northwestern Oregon and describes a newly developed interactive financial decision support model created for residential PV installation in northwestern Oregon. Advantages of this model over existing standards include fewer assumptions made regarding locality-specific circumstances, including utility rate increase forecasts, local incentive and tax credit information, region specific electricity generation efficiencies, and the provision of unique inputs and outputs such as user-defined financing options and variable sensitivity analysis.


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