Technical and Economic Study of On-Gird Solar Rooftop PV system Using PV Syst Software: A Case Study

Abstract

The majority of businesses heavily rely on a steady and dependable supply of power to keep running. Unfortunately, Hebron's utility grid experiences excessive electricity bills and inadequate energy security. since there aren't any power plants and the most of the electricity is imported from elsewhere. This study uses the PVsyst software to build and analyze the economics of an on-grid solar rooftop photovoltaic (PV) system. The research's conclusions show that the planned rooftop solar PV system for use on the grid has a particular solar PV capacity of 100 kW, with a potential annual energy output of 169 MWh. The system's initial capital cost to create is US$100,000, with a payback period of 5 years and a projected return on investment (ROI) of 291.1%, according to the economic study.