The Virginia PUC is considering a subsidy program to encourage consumers to install improved insulation in walls and ceillings of homes as a way of reducing the need for building a new CCGT plant. The insulation program would cost $1,500,000 and would save 10MWH of power. What is the negawatt cost in MWh of this power savings?
The Virginia PUC is considering a subsidy program to encourage consumers to install improved insulation in walls and ceillings of homes as a way of reducing the need for building a new CCGT plant. The insulation program would cost $1,500,000 and would save 10MWH of power. What is the negawatt cost in MWh of this power savings?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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