Investing in solar energy production can pay for itself in just seven to 13 years, according to an IBM Smarter Cities Challenge report [pdf 3.26MB] published by Dublin City Council this week.
The report also maintains that solar can only deliver on its potential if it benefits from the same incentives that have helped grow the production of other renewable energy sources in Ireland. And it suggests that Dublin is a good location to produce solar energy because of the amount of daylight the city enjoys.
Included in the report is a series of recommendations about how Dublin City Council can harness solar energy to save money on its own energy costs and also on how it can promote greater use of solar energy in the city.