LCOE calculator

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Dhwani Patel
Topic Author

16 Apr 2024 17:20 #13088 by Dhwani Patel

LCOE calculator was created by Dhwani Patel

Hi, Is there a 25/lifetime energy generated in the results for a LCOE model for PV? If so, where I can find it?

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Paul Gilman

17 Apr 2024 19:45 - 25 Apr 2024 15:38 #13095 by Paul Gilman

Replied by Paul Gilman on topic LCOE calculator

Hi Dhwani,

The LCOE Calculator calculates the LCOE from the annual output in Year 1. If you would like to calculate the LCOE based on multiple years of output, you should use one of the cash flow financial models such as Residential, Commercial, Single Owner, etc.

Best regards,
Paul.

Last edit: 25 Apr 2024 15:38 by Paul Gilman.

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Dhwani Patel
Topic Author

24 Apr 2024 15:52 #13121 by Dhwani Patel

Replied by Dhwani Patel on topic LCOE calculator

Thank you, Paul!
Follow up question: if I use the Commercial model, is there a way to input electric cost that is not from the utility? (if the electricity is generated on site). Or is there a better model to use for this scenario?
Thanks,
Dhwani.

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Paul Gilman

25 Apr 2024 15:40 #13126 by Paul Gilman

Replied by Paul Gilman on topic LCOE calculator

Hi Dhwani,

The inputs on the Electricity Rates page define the cost of purchasing electricity from the grid. For Detailed PV, PVWatts, or PV Battery / Commercial configurations, the grid can represent any source of electricity that is not the PV system, and you can use the electricity rate inputs to define that cost.

Best regards,
Paul.

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