Page 75 - CARILEC CE Industry Journal_Oct_2019
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Overview of Household PV installations              FINDINGS AND RESULTS

            This section shows the results for the PV installations on   The following findings and results are presented in
            the roofs of households. 620 PV installations have been   several distinct sections.
            registered by BT&P.
                                                                In the first section two financial KPI’s are presented:
                                                                a    Payback period;
                                                                b    The average solar kWh price
                     HH PV                HH PV                 Next results for Technical KPI’s are presented:
                  installations            kWp                  c    Specific yield;
                       620                3,700                 d    Sun hours;
                                                                e
                                                                     Performance ratio (PR);
                                                                f    Capacity factor;
                                                                g    Use usage vs total generated kW

            Overview of HH installations by number              Financial KPI’s

            PV installations are registered by capacity as follows:  This section shows the results for the financial KPI’s.
            ≤5 kWp      installations smaller them or equal
                        to 5kWp                                 Payback time
            5-10 kWp    installations between 5 and 10kWp
            10-50kWp  installations between 10 and 50kWp        The payback time (PBT) is defined as the period of time
                                                                required to recover the investment of the solar array. A
            Remarkable is the amount of the installations in the size   model was developed to calculate the PBT. The typical
            between 5 and 10kWp. We suspect that because of the   solar payback period in the U.S. is between 6 and 8 years.
            generous net-metering scheme a great deal of owners
            saw an opportunity “to make some money” and opted to   How is the solar panel payback period calculated?
            install more capacity than was really needed to cover   To calculate the solar panel payback period, one need to
            their own daily usage.                              determine the combined costs and annual benefits of
                                                                using solar.  The components used in the PBT
                                                                calculation are shown in the table below and are
                                                                calculated for a period of 15 years.








            Figure 7 - Percentage of installations by number
            Overview of HH installations by installed capacity kWp

            The figure below shows the overview by residential
            installations broken down in three categories.










            Figure 8 - Percentage of installations by capacity

            The table below shows the breakdown of the HH
            installations by number and kWpeak.                 Table 4 - Input parameters model Payback calculation






            Table 3 - Breakdown of the HH installations
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