Can someone tell me what "Value" means in this formula please?

  • Thread starter t0mm02
  • Start date
  • #1
t0mm02
49
0
Homework Statement:
Paybacl
Relevant Equations:
Payback formula
Hello.

I am reading through a solar farm paper and I am getting a bit confused at looking at this formula:
fgfnfgn.png

When it says "Value", I am guessing it refers to the cost of electricity per kWh? If that is the case, I wonder how many kWh are 18.4p/kWh?
 

Answers and Replies

  • #2
Gordianus
460
116
p=pence?
 
  • #3
Office_Shredder
Staff Emeritus
Science Advisor
Gold Member
5,467
1,401
The value is the cost of one kilowatt-hour of electricity in dollars on the open market.

18 cents or pence or whatever seems like a plausible cost for 1 kilowatt-hour
 

Suggested for: Can someone tell me what "Value" means in this formula please?

Replies
3
Views
3K
Replies
30
Views
1K
Replies
6
Views
579
Replies
9
Views
347
Replies
4
Views
391
  • Last Post
Replies
1
Views
1K
  • Last Post
Replies
3
Views
260
  • Last Post
Replies
6
Views
239
Replies
6
Views
345
Top