A PV system has a lifetime of 17 years and a capital cost of $2200. It is designed to supply 1550 kWh. It requires replacement of battery every 5 years, which have a cost of $350. The system also have an annual maintenance cost of $10.Find out the LCC of the PV system. (Consider inflation rate as 5%, and discount rate as 7%). Also, calculate the simple payback period if the location at which the PV is installed does not have any grid electricity and the diesel generator supplies the electricity otherwise. Let us consider the cost of electricity from diesel generator is about $0.18 per unit (1 kWh).

A PV system has a lifetime of 17 years and a capital cost of $2200. It is designed to supply 1550 kWh. It requires replacement of battery every 5 years, which have a cost of $350. The system also have an annual maintenance cost of $10.Find out the LCC of the PV system. (Consider inflation rate as 5%, and discount rate as 7%). Also, calculate the simple payback period if the location at which the PV is installed does not have any grid electricity and the diesel generator supplies the electricity otherwise. Let us consider the cost of electricity from diesel generator is about $0.18 per unit (1 kWh).

Introductory Circuit Analysis (13th Edition)

13th Edition

ISBN:9780133923605

Author:Robert L. Boylestad

Publisher:Robert L. Boylestad

Chapter1: Introduction

Section: Chapter Questions

Problem 1P: Visit your local library (at school or home) and describe the extent to which it provides literature...

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