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Feed-in tariff                                      Technical KPI’s

            The regulator introduced a Feed-in tariff (FIT) in 2015   This section shows the results for the technical KPI’s.
            consisting of three components:
            a   An feed-in energy charge of USD0.14 per PV kWh   Specific yield
                exported to the grid
            b   A consumption tariff  for residential customers @   Specific yield (kWh/kWp) is one of the most commonly
                USD0.34 /kWh bought                             used performance metrics for PV systems. It’s used for
            c   a capacity charge of USD4,44 per installed      comparing different locations, analyzing different designs,
                kWpeak                                          and assessing the health of an array. Specific yield refers
                                                                to how much energy (kWh) is produced for every kWp of
            All prices are based on price level June 2019.      module capacity over the course of a year. Typical values
                                                                can range from 1,000 kWh/kWp to over 2,000
            The PBT is determined at the crossing of the annual   kWh/kWp, but the actual value is driven by many factors,
            benefits (green) line and the combined costs line in the   which include location, module selection, and balance of
            figure below. In this use case with the parameters   system efficiency. Refer to the table showing the calcu-
            shown in Table 4 the PBT is between 7 and 8 years.  lated parameters for the specific yield.





                                                                Table 7 - Specific yield parameters

                                                                The figure below shows the percentage distribution of
                                                                the specific yield calculated from the sample installa-
                                                                tions. 55% of the PV installations have a specific yield
                                                                higher than the average.




            Figure 9 - Payback time graphic

            Typical payback time is between 7 and 9 years.





            Table 5 - Typical payback times

            The average solar kWh price

            On the average PV energy is between 9 and 10% lower
            than energy bought from the utility.
                                                                Figure 10 - Distribution of specific yield values
                                                                for 36 PV systems in 2018

                                                                In the figure below we can  see the  specific yield per
                                                                installation category. The green dashed line is the
                       USD/kWh PV: kWh price of PV              average specific yield of all installations.
              USD/kWh Aq: kWh price of local utility (Aqualectra)
            Table 6 - Solar kWh price parameters

            Legend
            USD/kWh PV  average price of 1 kWh solar energy
            USD/kWh Aq  average price of 1 kWh energy
                         bought from the utility Aqualectra
            Savings      the average savings (in %)
            Min          the minimum price
            Max          the maximum price
            Ave          the average price

                                                                Figure 11 - Specific yield per installation category
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