English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

It is well known that the use of photovoltaic (PV) systems helps to preserve the environment, produce lower levels of greenhouse gases (GHGs), and reduce global warming, however, whether it is economically profitable for customers or not is highly debatable. This paper aims to address this issue. To be comprehensive, three different types of buildings are considered as case studies. Then, these three buildings are modeled in EnergyPlus to determine the rate of energy consumption. Afterward, comparisons of various solar system sizes based on economic parameters such as the internal rate of return, the net present value, payback period and profitability indexing for various-sized PV systems are carried out. The results show that by the demand charge tariffs, using PV systems has no economic justification. It has been shown that even with neglecting further costs of the PV system like maintenance, by demand charge tariffs, it is not economically beneficial for customers to use the PV systems. Profitability index of all three buildings with various PV power systems is between 0.2 to 0.8, which are by no means is desirable. Moreover, it was found that bigger solar systems are less cost-effective in the presence of demand charges.

Economic Analysis for Residential Solar PV Systems Based on Different Demand Charge Tariffs