Residential photovoltaic worth : a summary assessment
Two critical perspectives have been addressed by the analyses of residential photovoltaic worth. For the researcher and designer have been established allowable costs. For the homeowner and institutional decision-makers have been identified investment figures of merit. The first allowable cost figure was established in 197J and set at $0.50/Wp (1976$) for the PV module component alone. This is very nearly the median of allowable costs projected from todays more refined analyses. These show allowable installed system costs ranging from $1.50/Wp to $4.00/Wp (1980 $), depending upon certain critical variables. The more critical variables are few, and are locally defined: level of solar insolation, local utility rates, and locally available tax credit/subsidies (in addition to the federal). Other parameters that are critical, but more predictable (and hence embedded in the analysis) are the PV array efficiency, utility buyback rate, utility rate escalation, and homeowner discount rate.
|Alternative title:||Photovoltaic worth, Residential.
|Year of publication:||
|Authors:||Dinwoodie, Thomas L.|
Cambridge, Mass. : Massachusetts Institute of Technology, Energy Laboratory, 1982
|Type of publication:||Other|
Energy Laboratory report (Massachusetts Institute of Technology. Energy Laboratory) no. MIT-EL 82-005.
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