Math Problem Statement
For customers generating their own solar power, a certain power company charges them $3 per month per kilowatt (kW) of installed capacity and credits them $0.03 per kilowatt-hour (kWh) for excess electricity they export to the grid. A second power company charges customers a flat rate of $20 per month and credits them $0.04 per kWh for excess electricity they export to the grid. Determine the monthly bills for customers of both companies for each of the situations below. (a) Customer owns a 3-kW system and exports 150 kWh monthly to the grid. (b) Customer owns a 5-kW system and exports 240 kWh monthly to the grid. Question content area bottom Part 1 (a) For the first situation, the monthly bill for a customer of the first company is $
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Unit Conversions
Formulas
Monthly Bill = (Cost per kW × Installed Capacity) - (Credit per kWh × Exported kWh)
Monthly Bill = Flat Rate - (Credit per kWh × Exported kWh)
Theorems
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Suitable Grade Level
Grades 9-12