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LCOE calculator
- Dhwani Patel
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16 Apr 2024 11:20 #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
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17 Apr 2024 13:45 - 25 Apr 2024 09:38 #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.
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 09:38 by Paul Gilman.
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- Dhwani Patel
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24 Apr 2024 09:52 #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.
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
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25 Apr 2024 09:40 #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.
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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