Solar Electric Investment Analysis Series

Project Type: Professional Development Program
Funds awarded in 2018: $74,364.00
Projected End Date: 09/30/2021
Grant Recipient: The Ohio State University
Region: North Central
State: Ohio
Project Coordinator:
Eric Romich
Ohio State University
This publication will detail how to conduct a financial analysis for solar photovoltaic systems. The decision as to whether a farm installs solar will include not only the financial elements but also include the value of accomplishing non financial goals such as marketing or environmental. Evaluating the financial prudence of an investment in solar requires careful consideration of installation costs, the value of production, and operation and maintenance costs. Unfortunately, some installers are not forthcoming with information necessary to make fully informed investment decisions. This six-part bulletin distills the information collection and decision process throughout. We highlight in each part critical questions to ask yourself and your installer. You will be empowered in the ultimate goal of making an informed decision about whether PV is right for you.
Eric Romich, Ohio State University
F. John Hay, University of Nebraska–Lincoln

Target audiences:
Farmers/Ranchers; Educators; Consumers
This product is associated with the project "Solar Electric Investment Analysis for Small Farms"
Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture or SARE.