Applied Mathematics Commons^™

Saving Olivet Money With Creation Care, Nicholas Boros

Scholar Week 2016 - present

Universities throughout the United States are searching for ways to reduce overhead costs, to help combat rises in tuition costs. Typically, one would think that installing solar panels on campus to help generate electricity would cost Olivet money, especially since the University is located in the Midwest. While such an undertaking would require an upfront investment, we will discuss how solar panels could save the University as much as $500,000 to $800,000 per year after an approximate 10 year break even point. We will also briefly discuss how similar approaches could be applied to other businesses and homes for a …