Much of the Discussion of Alternative Energy Sources Continues to Focus

question 20

Essay

Much of the discussion of alternative energy sources continues to focus on large-scale projects, such as windmill "farms" and hydroelectric power plants. Propose two or three different kinds of small-scale energy generation that you could envision building or attaching to your own dwelling-that is, your own home, apartment building, or block. Provide details on the locations, sizes, and types of additions you would propose, but do not be concerned with precise measurements (you need not produce blueprints or construction schematics).

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Definitions:

Income Statement

A financial document that provides an overview of a company's revenues, expenses, and profits over a specific period of time.

Balance Sheet

A financial overview indicating a firm's holdings, debts, and shareholders' net value on a specific day.

Accounting Equation

The fundamental formula in accounting that states assets equal liabilities plus shareholders' equity, representing a company's financial position.

Owner's Equity

The total value that would accrue to a business's owners after all liabilities are subtracted from all assets; also known as shareholder's equity or net worth.