Answer:
The total cost charged by the utility company is C = $0.12 × x - $0.025 × y
Explanation:
The amount the utility company charges per kilowatt hour of energy a customer uses = $0.12
The amount of credit the utility company gives per kilowatt hour of energy generated and not used by a customer with solar panel = $0.025
Let the amount of kilowatt hour of energy the customer consumes = x
Let the amount of kilowatt hour of energy from solar panels the customer generates but does not use themselves = y
The total cost, C, charged by the utility company is therefore given as follows;
C = $0.12 × x - $0.025 × y.