Performance of a residential PV system in the desert southwest

Y. Bai, B. Kokanos, G. G. Karady

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Citations (Scopus)

Abstract

Recent research has allowed improved modeling of residential photovoltaic systems currently being deployed throughout the United States. In particular, aware of how photovoltaic systems perform under various environmental scenarios has improved giving those who buy or lease residential systems better insight into the economic performance of their systems and ultimately their investment. One aspect that affects performance is the impact of soiling. In this paper an empirically derived soiling model is assessed against other soiling assumptions on financial payback. In addition, potential owners are required to make decisions that will determine how quickly their investments will pay for themselves. These factors include cost of financing and tariff characteristics. Also, utility incentives have a significant impact on the return of a PV investment. Results show that potential buyers of photovoltaic systems need to examine certain economic assumptions to accurately assess whether or not to pursue an investment in a PV system.

Original languageEnglish (US)
Title of host publicationIEEE Power and Energy Society General Meeting
DOIs
StatePublished - 2013
Event2013 IEEE Power and Energy Society General Meeting, PES 2013 - Vancouver, BC, Canada
Duration: Jul 21 2013Jul 25 2013

Other

Other2013 IEEE Power and Energy Society General Meeting, PES 2013
CountryCanada
CityVancouver, BC
Period7/21/137/25/13

Fingerprint

Economics
Costs

Keywords

  • distributed generation
  • economic analysis
  • payback
  • photovoltaic systems

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Nuclear Energy and Engineering
  • Renewable Energy, Sustainability and the Environment
  • Electrical and Electronic Engineering

Cite this

Bai, Y., Kokanos, B., & Karady, G. G. (2013). Performance of a residential PV system in the desert southwest. In IEEE Power and Energy Society General Meeting [6672248] https://doi.org/10.1109/PESMG.2013.6672248

Performance of a residential PV system in the desert southwest. / Bai, Y.; Kokanos, B.; Karady, G. G.

IEEE Power and Energy Society General Meeting. 2013. 6672248.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Bai, Y, Kokanos, B & Karady, GG 2013, Performance of a residential PV system in the desert southwest. in IEEE Power and Energy Society General Meeting., 6672248, 2013 IEEE Power and Energy Society General Meeting, PES 2013, Vancouver, BC, Canada, 7/21/13. https://doi.org/10.1109/PESMG.2013.6672248
Bai Y, Kokanos B, Karady GG. Performance of a residential PV system in the desert southwest. In IEEE Power and Energy Society General Meeting. 2013. 6672248 https://doi.org/10.1109/PESMG.2013.6672248
Bai, Y. ; Kokanos, B. ; Karady, G. G. / Performance of a residential PV system in the desert southwest. IEEE Power and Energy Society General Meeting. 2013.
@inproceedings{2765d229d1bf4201a521957b3f122d16,
title = "Performance of a residential PV system in the desert southwest",
abstract = "Recent research has allowed improved modeling of residential photovoltaic systems currently being deployed throughout the United States. In particular, aware of how photovoltaic systems perform under various environmental scenarios has improved giving those who buy or lease residential systems better insight into the economic performance of their systems and ultimately their investment. One aspect that affects performance is the impact of soiling. In this paper an empirically derived soiling model is assessed against other soiling assumptions on financial payback. In addition, potential owners are required to make decisions that will determine how quickly their investments will pay for themselves. These factors include cost of financing and tariff characteristics. Also, utility incentives have a significant impact on the return of a PV investment. Results show that potential buyers of photovoltaic systems need to examine certain economic assumptions to accurately assess whether or not to pursue an investment in a PV system.",
keywords = "distributed generation, economic analysis, payback, photovoltaic systems",
author = "Y. Bai and B. Kokanos and Karady, {G. G.}",
year = "2013",
doi = "10.1109/PESMG.2013.6672248",
language = "English (US)",
isbn = "9781479913039",
booktitle = "IEEE Power and Energy Society General Meeting",

}

TY - GEN

T1 - Performance of a residential PV system in the desert southwest

AU - Bai, Y.

AU - Kokanos, B.

AU - Karady, G. G.

PY - 2013

Y1 - 2013

N2 - Recent research has allowed improved modeling of residential photovoltaic systems currently being deployed throughout the United States. In particular, aware of how photovoltaic systems perform under various environmental scenarios has improved giving those who buy or lease residential systems better insight into the economic performance of their systems and ultimately their investment. One aspect that affects performance is the impact of soiling. In this paper an empirically derived soiling model is assessed against other soiling assumptions on financial payback. In addition, potential owners are required to make decisions that will determine how quickly their investments will pay for themselves. These factors include cost of financing and tariff characteristics. Also, utility incentives have a significant impact on the return of a PV investment. Results show that potential buyers of photovoltaic systems need to examine certain economic assumptions to accurately assess whether or not to pursue an investment in a PV system.

AB - Recent research has allowed improved modeling of residential photovoltaic systems currently being deployed throughout the United States. In particular, aware of how photovoltaic systems perform under various environmental scenarios has improved giving those who buy or lease residential systems better insight into the economic performance of their systems and ultimately their investment. One aspect that affects performance is the impact of soiling. In this paper an empirically derived soiling model is assessed against other soiling assumptions on financial payback. In addition, potential owners are required to make decisions that will determine how quickly their investments will pay for themselves. These factors include cost of financing and tariff characteristics. Also, utility incentives have a significant impact on the return of a PV investment. Results show that potential buyers of photovoltaic systems need to examine certain economic assumptions to accurately assess whether or not to pursue an investment in a PV system.

KW - distributed generation

KW - economic analysis

KW - payback

KW - photovoltaic systems

UR - http://www.scopus.com/inward/record.url?scp=84893164248&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84893164248&partnerID=8YFLogxK

U2 - 10.1109/PESMG.2013.6672248

DO - 10.1109/PESMG.2013.6672248

M3 - Conference contribution

SN - 9781479913039

BT - IEEE Power and Energy Society General Meeting

ER -