RETURN ON SOLAR CELL INVESTMENTS BASED ON A HUNGARIAN EXAMPLE
Journal Title: Roczniki Naukowe Stowarzyszenia Ekonomistów Rolnictwa i Agrobiznesu - Year 2019, Vol 0, Issue 3
Abstract
Solar cells are not only environmentally friendly, but save considerable electricity costs as well (namely, in this case, only maintenance costs have to be paid, the value of which is significantly lower than the price of electricity). The long term aim is for these energy sources to be applied and used by all macroeconomic actors (companies, households, the government and other institutions). Such cells can be introduced by applying for a considerable amount of investment subsidies at an EU level and in Hungary, as well. However, the ROI of this kind of undertaking is long term. The aim of this study is to examine whether a non-profit public institution would find it worthwhile to invest in this type of venture in the long term. Thus, the ROI of a solar cell investment was examined at a well-known environmentally public institution, at an abbey in Hungary. Data were provided by the abbey. From available data, ROI calculations were carried out and the approximate payback period was estimated. Calculations were carried out taking into account different scenarios. One part of the research focused on the inflation rate (there was a case where the inflation rate was ignored), in the other part, the cost of investment was taking into account in different ways. The payback period of solar cell investment is relatively short (11-13 years) in the case of EU or government subsidies, otherwise it is quite long (25-30 years).<br/><br/>
Authors and Affiliations
Nóra Gombkötő
Keywords
Related Articles
- EP ID EP600062
- DOI 10.5604/01.3001.0013.2808
- Views 76
- Downloads 0
PREFERENCJE RODZAJU ŻYWNOŚCI W POSIŁKACH KONSUMOWANYCH NA DŁUGICH DYSTANSACH PRZEZ KIEROWCÓW CIĘŻARÓWEK
Celem artykułu jest identyfikacja cech osobowych związanych z zawodem kierowców ciężarówek w Kenii, które znacząco wpływają na wybór przez nich rodzaju spożywanego mięsa na śniadanie i lunch. Posługując się danymi zebran...
POLISH POULTRY INDUSTRY IN THE FACE OF AVIAN INFLUENZA
The aim of the study is to evaluate the impact of the HPAI/H5N8 avian influenza virus on the functioning and development of the poultry industry in Poland. The virus appeared in Poland at the turn of 2016/2017 (after a 1...
Zróżnicowanie płatności wspólnej polityki rolnej dotyczących poprawy czynników produkcji rolniczej w Polsce
Celem artykułu była ocena zróżnicowania przestrzennego poziomu płatności środków Unii Europejskiej w zakresie ich oddziaływania na poprawę czynników produkcji rolniczej w Polsce w latach 2002-2010. Stwierdzono, że w bada...
AGRICULTURAL HOLDINGS AS BENEFICIARIES OF AREA AND OPERATIONAL PAYM ENTS FROM THE EUROPEAN UNION IN POLAND IN THE PERIOD OF 2007-2013
The aim of the article was to assess the spatial diversity of payments of European Union assistance programmes implemented in the financial period of 2007-2013, which were directed to farms, as well as the assessment of...
Płynność finansowa gospodarstw indywidualnych w zależności od wielkości ekonomicznej