What is an Alternative Energy Feasibility Study?
Anyone who is planning to invest in an alternative energy system, be it solar photovoltaic electricity generation, solar water heating, small scale wind turbine or any other form of alternative energy, one needs to know whether the project makes technical, environmental and, above all, economical sense. A feasibility study is an evaluation of the technical solutions available in terms of alternative energy. It also aims to calculate a payback period on the investment together with the actual reduction of CO2 emissions.