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Solar Water Heaters Project - Essay Example

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Solar Water Heaters Project Name Institution Business Case 1.0 Introduction Background With the ever increasing awareness to conserve the environment coupled with the ever rising cost of gas and electricity as well as other sources of energy, harnessing solar energy has become one of the major ways of using sustainable, renewable and cheap energy that is also environmentally friendly…
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Solar Water Heaters Project
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"Solar Water Heaters Project"

Download file to see previous pages All that the people have to do is install a solar water heating system and they are good to go. The other objective is provision of clean, environmentally friendly and renewable energy that is sustainable for the development of all in society as well as a major contribution to environmental conservation. The aim of the project is to formulate an action plan for the successful installation of about 150 solar water heating systems in Acton area. 3.0 Current Situation and problem/Opportunity Statement It is evident that our actions now have a huge impact on the environment in the future. The continuous use of fossil fuels has produced tones of toxic gases like carbon dioxide, carbon monoxide and nitrogen dioxide all of which have adverse effects on the ozone layer and the environment in general. ...
atter how simple play a significant role to the conservation or degradation of the environment and normal life as we know it and hence there are massive campaigns to go green by adopting to alternative sources of energy that are environmentally friendly and cost efficient at the same time. Solar energy is one of the known and widely utilized alternative energy that is renewable and free from nature. The other is natural gas. This is truly a win-win situation for all the stakeholders and an effort to reverse the current harsh conditions by conserving our environment for a better future. 4.0 Critical Assumptions and Constraints As much as there is growing awareness of the need to find and use alternative sources of energy, in this case solar energy through the solar water heaters, many people are still reluctant to adapting to this mode of energy. This project requires strong participation and cooperation from a wide variety of people so that people can be educated on the benefits of using solar water heaters. This project is capital intensive because of procurement and installation of the solar water heater system and customers view it to be expensive at first but the truth is that this cost is recovered over time as the electricity and gas costs go down considerably to make up for the installation and maintenance cost. 5.0 Analysis of Options and Recommendation To properly address this opportunity a massive awareness program should be carried out in Acton area to intensify the usefulness and benefits of using solar water heaters in residential places as well as in industries. Secondly a market research to identify potential and willing customers has to be done so as to ensure that all the 150 units will be sold out. 6.0 Budget Estimate and Financial Analysis A good ...Download file to see next pagesRead More
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