ECONOMICAL ANALYSIS OF GRID-CONNECTED BIPV AT UNIMAP BUILDING IN KUALA PERLIS, MALAYSIA

Recently renewable energy (RE) technology burst the electricity generation in worldwide including Malaysia.The most popular renewable technology installation in Malaysia is solar PV. It is because Malaysia is located at equatorial region which makes it a very attractive region for potential solar radiation application technology. Kuala Perlis, which is one of the city in northern region of Malaysia, is geographically located at 6.4E 100.1N, the region receives annual solar radiation about 1797.1 W/m2. Malaysia government has introduced the RE Bill which was approved in parliament in 2011 to enhance the energy produced by RE resources. From this bill, the electricity generated by photovoltaic (PV) will be paid up to RM 1.54 per kWh for non-individual producer if it is connected to the grid under feed-in (FiT) tariff scheme.This paper presents the economical study of grid connected BIPV system installation on top of roof Universiti Malaysia Perlis (UniMAP) laboratory buildings at Kuala Perlis. This study includes the sizing and design of PV system, total estimated annual energy yield and payback period analysis under FiT scheme.From this design, the annual energy yield connected to the grid is 313.54 MWh, estimated annual revenue is RM 0.35 mil and payback period is 7.12 years.