PV Economics.xmcd
(Background)A PV system costs $16,850 to deliver 4000 kWh per year.
(Q): What would be the cost of electricity.
SOLUTION
Annual Energy (Eann):
kWh
Interest rate (i):
Project Period (n):
years
Capital Recovery Factor (CRF):
$
Principal (P):
Annual Loan Payment (A):
$/year
Cost of Energy (COE):
$/kWh