“…Muralikrishna and Lakshminarayana (Muralikrishna & Lakshminarayana, 2008) found the energy cost for PV-wind hybrid system to be less than the stand-alone PV or wind system all the time. There have been number of studies that design hybrid renewable energy systems and estimate the cost of electricity for various regions around the globe (Abdulkarim, 2004;Adaramola, Agelin-Chaab, & Paul, 2014;Chandel, Agrawal, Mathur, & Mathur, 2014;Fadaeenejad, Radzi, AbKadir, & Hizam, 2014;Ghasemi, Asrari, Zarif, & Abdelwahed, 2013;Kusakana & Vermaak, 2013;Ngan & Tan, 2012;Md Mustafizur Rahman, Khan, Ullah, Zhang, & Kumar, 2016;Rehman & Al-Hadhrami, 2010;Rohani & Nour, 2014). The cost of electricity depends on various factors such as resource availability (e.g.…”