System Advisor Model Report

PVWatts 3.00 kW Nameplate 8.46, 124.64

Residential $1.88/W Installed Cost UTC +8
Performance Model Financial Model
PV System Specifications Project Costs
System nameplate size 3 kW Total installed cost $5,641
Module type 0 Salvage value $0
DC to AC ratio 1.2 Analysis Parameters
Rated inverter size 2.5 kW Project life 25 years
Inverter efficiency 97.6 % Inflation rate 3.9%
Array type fixed roof mount Real discount rate 6.4%
Array tilt 10.5 degrees
Array azimuth 180 degrees Project Debt Parameters (Mortgage)
Ground coverage ratio N/A Debt fraction 0%
Total system losses 14.08 % Amount $0
Shading no Term 25 years
Rate 0%
Performance Adjustments
Availability/Curtailment none Tax and Insurance Rates
Degradation 0.5 %/yr Federal income tax 0 %/year
Hourly or custom losses none State income tax 0 %/year
Sales tax (% of indirect cost basis) 12%
Results Solar Radiation AC Energy Insurance (% of installed cost) 0 %/year
(kWh/m2/day) (kWh) Property tax (% of assessed val.) 0 %/year
Jan 4.02 285
Feb 5.46 346 Incentives
Mar 5.83 408 None
Apr 6.16 416 Electricity Demand and Rate Summary
May 4.37 307 Annual peak demand 1.2 kW
Jun 4.79 324 Annual total demand 4,824 kWh
Jul 4.26 300 Generic Residential
Aug 4.85 339 Fixed charge: $1.64/month
Sep 5.1 345 Monthly excess with kWh rollover
Oct 5.59 391 Flat energy buy rate: $0.26/kWh
Nov 4.98 338 Results
Dec 5.22 367 Nominal LCOE 17.1 cents/kWh
Year 5.05 4,173 Net present value $6,300
Payback period 5 years

System Advisor Model Standard Report generated by SAM 2021.12.2 on Thu Jun 15 07:52:43 2023 1/3
PVWatts 3.00 kW Nameplate 8.46, 124.64
Residential $1.88/W Installed Cost UTC +8
Year 1 Monthly Generation and Load Summary
Electricity from System
Thousand kWh 0.4

0.2

0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Load
Thousand kWh

0.4

0.2

0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Year 1 Monthly Electric Bill and Savings ($)
Month Without System With System Savings
Jan 106 31 74
Feb 106 15 90
Mar 106 1 104
Apr 106 -1 107
May 106 26 80
Jun 106 21 84
Jul 106 28 78
Aug 106 17 88
Sep 106 16 89
Oct 106 4 101
Nov 106 18 88
Dec 106 10 95
Annual 1,273 191 1,082

NPV Approximation using Annuities

Annuities, Capital Recovery Factor (CRF) = 0.1149 Investment = Installed Cost - Debt Principal - IBI - CBI
Investment $-600 Sum: Expenses = Operating Costs + Debt Payments
Expenses $-0 $700 Savings = Tax Deductions + PBI
Savings $0 NPV = Sum / CRF: Energy value = Tax Adjusted Net Savings
Energy value $1,400 $6,000 Nominal discount rate = 10.5496%
Payback Cash Flow (Payback Period = 5 years)
Thousand $

20

0
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
Year

System Advisor Model Standard Report generated by SAM 2021.12.2 on Thu Jun 15 07:52:43 2023 2/3
PVwatts 3.00 kW Nameplate 8.46, 124.64
Residential $1.88/W Installed Cost UTC +8

This performance model does not specify any loss diagram items.
Current case name is GridTied 3 kW

Residential | PVWatts System Model

System Advisor Model Standard Report generated by SAM 2021.12.2 on Thu Jun 15 07:52:43 2023 3/3