Solar Model 2009
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Contents |
[edit] General Description
A model used by the Moreland Energy Foundation to determine payback periods for solar installation projects. The results from this modelling analysis has been updated from the 2008 model to use contemporary values. An important difference is that the solar rebate no longer applies.
[edit] Decision Situation
What is the Net Present Value of a 1.55 MW solar installation in the city of Melbourne?
[edit] Outcomes of the Study
The study indicates that with present levels of rebate, the panel will not pay itself off for the duration of the study.
[edit] Assumptions
The project has some basic assumptions used to set boundaries to the analysis.
The Discount Rate is 0.08.
The Project Life is 25 years.
The installed system capacity is 1.55/1000MW.
The metering type to be used for this model is 1 times the energy produced by the solar array, also known as gross metering.
[edit] Model
The model used to generate this output is an Analytica file File:MEFL Solar Plant Project v3 0.ANA. In order to view the file follow these instructions.
[edit] Output
The following graphs are generated by analytica, from the actual data extracted from this wiki. in the ultimate implementation, this would be automatically done and updated by the math engine and/or other system components
This chart shows the real cash flow for the project over its lifetime.
This chart displays the cumulative cash flow over the project life. Under current assumptions the project does not payback.
[edit] References
| DecisionSituation | What is the Net Present Value of a 1.55 MW solar installation in the city of Melbourne? + |
| DiscountRate(Percent) | 0.08 + |
| MeteringType(Percent) | 1 + |
| NameplateCapacity(MegaWatt) | 1.55 + |
| ProjectLife(Years) | 25 + |
