Can anyone poke any holes in assumptions/data below? Thanks
Data Points
1) Daily electrical usage of Buildings = 5000 KWH
2) Utility per KWH charge = .10 cents
3) Estimate of daily average KWH of solar radiation
per m2 for geographic area: = 4KWH/m2***
4) Estimate of south-facing roof area = 4000 sq feet Building 1
= 1500 sq feet Building 2
Note: Roof angles are close to ideal
5) Estimated 5000 sq feet total, or 450 sq meters total;
4*450 =1800 KWh average daily solar energy potential hitting roofs
Efficiency
Commercial solar cells are not 100% efficient; more like 10% efficient. As an aside, this should change in the near future (lab results now have 40-60% efficient cells).
Total Theoretical Yield Per Day
A large installation typically is on the order of only 10’s of KW. For example: a “40KW” system occupies 4000 sq feet and costs $300,000 (~$8 per installed watt) and yields about 125 KWH per day**
Break Even Point Analysis
Total Cost Avoidance over Year
125KWH daily production x .10 per KWH utility charges = $12.50 daily avoidance
$12.50 x 365 days = $4,563
Twice as efficient system = 250KWH daily production = $9,125 avoidance
‘Payback’ on investment
Current Efficiency
$300,000 divided by $4,563 = 65.75 years
Doubled Efficiency
$300,000 divided by $9,125 = 33 years
Doubled Efficiency with 33% discount (tax rebates, gov’t incentives, etc.) on total cost
$200,000 divided by $9,125 = 22 years
**http://www.dovetailsolar.com/Commercial SOLAR PV Price Sheet.pdf)
***http://store.altenergystore.com/Solar/descfiles/kits2go/kitoffgrid1kw/Us_pv_annual_may2004.jpg
Data Points
1) Daily electrical usage of Buildings = 5000 KWH
2) Utility per KWH charge = .10 cents
3) Estimate of daily average KWH of solar radiation
per m2 for geographic area: = 4KWH/m2***
4) Estimate of south-facing roof area = 4000 sq feet Building 1
= 1500 sq feet Building 2
Note: Roof angles are close to ideal
5) Estimated 5000 sq feet total, or 450 sq meters total;
4*450 =1800 KWh average daily solar energy potential hitting roofs
Efficiency
Commercial solar cells are not 100% efficient; more like 10% efficient. As an aside, this should change in the near future (lab results now have 40-60% efficient cells).
Total Theoretical Yield Per Day
A large installation typically is on the order of only 10’s of KW. For example: a “40KW” system occupies 4000 sq feet and costs $300,000 (~$8 per installed watt) and yields about 125 KWH per day**
Break Even Point Analysis
Total Cost Avoidance over Year
125KWH daily production x .10 per KWH utility charges = $12.50 daily avoidance
$12.50 x 365 days = $4,563
Twice as efficient system = 250KWH daily production = $9,125 avoidance
‘Payback’ on investment
Current Efficiency
$300,000 divided by $4,563 = 65.75 years
Doubled Efficiency
$300,000 divided by $9,125 = 33 years
Doubled Efficiency with 33% discount (tax rebates, gov’t incentives, etc.) on total cost
$200,000 divided by $9,125 = 22 years
**http://www.dovetailsolar.com/Commercial SOLAR PV Price Sheet.pdf)
***http://store.altenergystore.com/Solar/descfiles/kits2go/kitoffgrid1kw/Us_pv_annual_may2004.jpg