Question

the payback period for the equipment required for any alternative energy is how long it takes you to make up the cost of the equipment in energy cost savings. if the price of energy in your area increases, what happens to the payback period? the payback period decreases. you never get your money back.

Explanation:

The payback period is calculated as the cost of equipment divided by annual energy cost savings. When energy price increases, annual savings increase. Since payback period is inversely related to savings (higher savings mean shorter time to recoup cost), the payback period decreases.

Answer:

The payback period decreases.