Getting My House Off The Grid: A Cost Benefit Analysis

In 2017, I became highly interested in renewable energy solutions and wanted to learn more about how to effectively implement them. My family had been considering putting solar panels on our house, so I conducted a cost-benefit analysis with both qualitative and quantitative factors included to determine if they would be worth it in the long run. Additionally, I created an amoritization schedule to quantify how long it would take to pay for them. I concluded that the benefits outweighed the costs and getting solar panels should be something my family could do in the near future to become more environmentally friendly.

I received an honorable mention at the regional math fair and first place at the state math fair, and shortly after completing this project, my family installed solar panels on our roof. This project has remained one of my favorites I have ever done to this day.