Essay Assignment
Due Date
You can get five points extra credit if you complete a draft and discuss it with me before it is due. Do not turn in an essay with language errors
Use the class lecture to compose an essay addressing the points below. Review, in detail, the economics of the private demand for solar panels. If a pers is considering purchasing a home with solar panel installation, explain how the private incentive to do so may be summarized by the inequality: Additional price of house + cost of maintaining panels over their life <savings on electricity bills over life of panels
B. Discuss the evidence the study finds suggesting the above inequality does not hold on average.
Discuss the paper's hypothesis that the above inequality doesnt hold because of th desire by houscholds to publicly reveal their environmentalism. Review the evidence the study presents supporting this hypothesis D.The state of California has recently approved a rule mandating builders to install solar panels on most new housing. What effect do you think this mandate will have on the price premium solar powered homes presently command?