Title :
Energy cost calculations for a solar PV Home System
Author :
Khan, M. Rezwan ; Khan, Fayyaz
Author_Institution :
United Int. Univ., Dhaka, Bangladesh
Abstract :
Energy costing for a Solar Home System has been presented here considering the main cost components. It has been identified that the cost of solar PV panels, bank interest rate, cost of battery and its longevity plays the most important role in determining the energy cost. Average solar insolation is also taken into consideration and the results show that contribution of the storage battery towards the total cost of energy is significantly higher than that of the solar PV panel.
Keywords :
battery storage plants; photovoltaic power systems; solar power stations; average solar insolation; bank interest rate; battery cost; energy cost calculations; solar PV home system; storage battery; Batteries; Costing; Costs; Economic indicators; Fuel economy; Lamps; Natural gas; Power generation economics; Solar energy; Solar power generation;
Conference_Titel :
Developments in Renewable Energy Technology ( ICDRET), 2009 1st International Conference on the
Conference_Location :
Dhaka
Print_ISBN :
978-1-4244-6012-0
DOI :
10.1109/ICDRET.2009.5454237
