Calculation of PV Roofs Project
Calculation of PV Roofs Project
Calculation of PV Roofs Project
KGY110027
KGY110028
This short assignment calculates energy generated and payback period of one million PV roofs
project implemented in Malaysia
Table of Contents
Proposed Photovoltaic (PV) Roof System ............................................................................................. 1
System Components........................................................................................................................... 2
PV modules .................................................................................................................................... 2
Grid connected inverter.................................................................................................................. 2
Mounting ............................................................................................................................................ 3
Electrical design ................................................................................................................................. 3
Grid-connection ................................................................................................................................. 3
Monitoring ......................................................................................................................................... 3
Maintenance ....................................................................................................................................... 4
Expected Energy Generated ............................................................................................................... 4
Calculation of Expected Annual Energy Yield of The System ............................................................. 4
Calculating the Potential Monthly Savings from a PV System without Accumulating Electrical
Inflation Rate ......................................................................................................................................... 6
Calculating the Potential Annual Savings from a PV System Accumulating Electrical Inflation Rate 7
Payback Period Analysis........................................................................................................................ 8
References ............................................................................................................................................ 11
Appendices ........................................................................................................................................... 12
ii
Unit
price
(MYR)
Qty
Total price %
(MYR)
5,120
32.17
2,965
2,965
18.63
3,202
3202
20.12
3,980
3980
25.01
650
650
4.08
System price
15,916.81
100.00
0.99
16,077.59
System Components
PV modules
A total of 6 units of polycrystalline PV modules each having capacity of 165 Wp are used for every
PV roof, tilted at 7 degrees and mounted on flat roof as shown in. The system is installed for a
million PV roofs. Refer Figure 1.
The technical specifications area as follow:
Output (AC)
Mounting
The PV modules were inclined at 30 degrees and were mounted on aluminium support structure
above metal deck roof with hot dip galvanized steel mounting base.
Electrical design
Each sub array is connected with 2 modules in series and 2 strings in parallel. The Building
Integrated Photovoltaic (BIPV) system is interconnected through in-direct feed method where the
output is fed back to the main distribution board (MDB) of the building to cater for internal load. The
electrical system installation was conducted by a certified electrician based on the Malaysian
Standard: MS 1837. The system installation and commissioning was supervised by the MBIPV
technical expert.
Grid-connection
Output of the inverter was fed to the consumers main distribution board of the building (indirect
feed). An import-export meter was installed to monitor the energy generated and the meter was
located beside the main utilitys (TNB) supply meter at the customers incoming supply point.
Currently in Malaysia, interconnection to the grid is only limited to net-metering basis. The netmetering for billing in this case is the difference between the electricity supplied to the customer
through the TNB meter measurement in the import mode, and the surplus PV generated electricity
exported to the TNB grid which is recorded by the TNB meter in the export mode. The PV meter
records the electricity generated by the PV system. The PV roof systems under this project are FiTready.
Monitoring
The PV roof systems will be monitored under standard monitoring starting Q3 2007 for a minimum
period of three years.
Maintenance
The owner assumes ownership and responsibility of the system. System maintenance required is very
minimal. As Malaysia is located near to the equator with heavy rainfalls, the PV modules need no
regular cleaning. A regular check on cable tightness and connection on a scheduled interval is
encouraged.
= Parray x Htilt
= 0.775 x 1,568
= 1,215.2 kWh per annum
Step 3: The sub-system efficiency can be calculated from the following formula:
Calculating the Potential Monthly Savings from a PV System without Accumulating Electrical Inflation Rate
Assumption: Average electric unit used by one home in Malaysia = 300 kWh
According to Tenaga Nasional Berhad (TNB) supplied electric rate, estimation of monthly electric bill for one home can be calculated as follows:
1) First 200 kWh (1-200 kWh) per month: (200 * 21.8)/100 (MYR)
MYR 43.60
2) Next 100 kWh (201-300 kWh) per month: (100* 33.4)/100 (MYR)
MYR 33.40
MYR 77.00
MYR 77.00
MYR 77,000,000.00
300
Average kilowatt hours used per month for 1 million homes (kWh)
300,000,000
6.1
Monthly output of the proposed system = System power for 1 million homes x Hour no. of sunlight x 30 days (kWh/mo)
181,170,000
Calculated monthly output power of 1 million homes for real solar conditions = 49.53% reduction of rated monthly output power
(kWh/mo)
90,191,145.00
Saving percentage = Real output power for 1m homes/The actual average monthly use for 1m homes (%)
30.1%
Monthly bill saving for 1 million homes = Average electric bill multiplied by the saving percentage (MYR)
MYR 23,149,060.60
Calculating the Potential Annual Savings from a PV System Accumulating Electrical Inflation Rate
Assumption: Annual electrical rate inflation is 4% and average of used kWh unit per building is 300 kWh. This calculation is valid for one million buildings.
Year
MYR 960,960,000
MYR 999,398,400
30.1%
30.1%
MYR 671,711,040
MYR 698,579,482
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
MYR 1,039,374,336
MYR 1,080,949,309
MYR 1,124,187,282
MYR 1,169,154,773
MYR 1,215,920,964
MYR 1,264,557,803
30.1%
30.1%
30.1%
30.1%
30.1%
30.1%
MYR 726,522,661
MYR 755,583,567
MYR 785,806,910
MYR 817,239,186
MYR 849,928,754
MYR 883,925,904
Year 10
Year 11
Year 12
Year 13
Year 14
Year 15
MYR 1,315,140,115
MYR 1,367,745,719
MYR 1,422,455,548
MYR 1,479,353,770
MYR 1,538,527,921
MYR 1,600,069,038
30.1%
30.1%
30.1%
30.1%
30.1%
30.1%
MYR 919,282,940
MYR 956,054,258
MYR 994,296,428
MYR 1,034,068,285
MYR 1,075,431,017
MYR 1,118,448,257
Year 16
Year 17
Year 18
Year 19
Year 20
Year 21
MYR 1,664,071,799
MYR 1,730,634,671
MYR 1,799,860,058
MYR 1,871,854,460
MYR 1,946,728,639
MYR 2,024,597,784
30.1%
30.1%
30.1%
30.1%
30.1%
30.1%
MYR 1,163,186,188
MYR 1,209,713,635
MYR 1,258,102,180
MYR 1,308,426,268
MYR 1,360,763,318
MYR 1,415,193,851
Total average
Potential average annual savings of electric bill for one
million homes
MYR 1,406,644,876
Year 1
Year 2
Year 3
MYR 983,244,768
MYR 423,400,108
MYR 15,916.81
2.0%
10
MYR 159
MYR 159,168,100
MYR 1,910,017,200
6,000,000
0.165
990,000
6.1
6,039,000
2,204,235,000
49.78%
1,097,325,598
3,006,372
MYR 1.50
MYR 924,000,000
4.0%
30.1%
MYR 278,124,000
MYR 19,100,172,000
MYR 1,645,988,396
MYR 34,565,756,324
12
From excel spreadsheet calculation, cash flow for the system for 21 years can be seen as follows:
Year
2011
2012
2013
2014
2015
2016
3,291,976,793
1,645,988,396
4,937,965,189
1,645,988,396
6,583,953,586
1,645,988,396
8,229,941,982
1,645,988,396
9,875,930,378
1,645,988,396
3,820,034,400
1,910,017,200
5,730,051,600
1,910,017,200
7,640,068,800
1,910,017,200
9,550,086,000
1,910,017,200
11,460,103,200
1,910,017,200
-528,057,607
-792,086,411
-1,056,115,214 -1,320,144,018
-19,100,172,000
Total Income (MYR)
1,645,988,396
Annual feed in tariff paid by government for million 1,645,988,396
homes
(MYR)(MYR)
Total Outlay
1,910,017,200
Annual loan repayment for system cost of one million 1,910,017,200
homes
Net gain(MYR)
(MYR)
-264,028,804
2017
2018
2019
2020
2021
2022
2023
2024
-1,584,172,822
2025
-2,112,230,429
2027
-2,376,259,233
2028
-2,640,288,036
2029
-994,299,640
2030
651,688,757
2031
2,297,677,153
3,943,665,549
5,589,653,946
8,881,630,739
From the analysis, the payback period for the proposed system is 12 years. If the system is built in year 2011, the end of payback is year 2022. From above
calculation, income which amounts about 15,500,000 is gained after 21 years. The calculation can be referred in Excel spreadsheet enclosed in CD.
9
Billions
Amount
30
25
20
15
10
5
0
2010
2015
2020
2025
2030
2035
Year
From Figure 3, it can be clearly seen that income from the feed-in tariff (FiT) overcomes expenses of
the project which is in this case annual loan repayment.
It also can be extracted that the payback year is Year 2022 and it takes 12 years until the system cost
is covered.
References
[1]
http://www.malaysia.climatemps.com/
[2]
http://www.tnb.com.my/residential/pricing-and-tariff/tariff-rates.html
[3]
http://www.tnb.com.my/residential/pricing-and-tariff.html
[4]
http://gold.dhgate.com/product/-order-match-back-high-level-165w-solarpanel/p136566544.html
[5]
KeTTHa, Handbook on the Malaysia feed-in tariff for the promotion of renewable energy,
2011
11
Appendices
Item
Unit price
Qty
Total price
%
(RM)
(RM)
PV
modules 3,050
60 units
183,000
63
(165 W each)
Inverter
9,560
3 units
28,680
10
(3.6 kW each)
Mounting structures 32,020
1 lot
32,020/3
11
Electrical works
39,800
1 lot
39,800/3
13.8
Others, misc labour 6,500
1 lot
6,500/3
2.2
System price (9.9 kWp)
290,000
100
Price per kWp system
29,293
Figure 4: System installed in MBIPV project in Damansara Utama, Petaling Jaya Selangor,
Malaysia
TARIFF CATEGORY
UNIT
RATES
1. Tariff A - Domestic Tariff
For the first 200 kWh (1 - 200 kWh) per sen/kWh
21.8
month
For the next 100 kWh (201 - 300 kWh) sen/kWh
33.4
per month
For the next 100 kWh (301 - 400 kWh) sen/kWh
40.0
per month
For the first 100kWh (401 - 500 kWh) sen/kWh
40.2
per month
For the next 100 kWh (501 - 600 kWh) sen/kWh
41.6
per month
For the next 100 kWh (601 - 700 kWh) sen/kWh
42.6
per month
For the next 100 kWh (701 - 800 kWh) sen/kWh
43.7
per month
For the next 100 kWh (801 - 900 kWh) sen/kWh
45.3
per month
For the next kWh (901 kWh onwards) sen/kWh
45.4
per month
The minimum monthly charge is RM3.00
Figure 5: TNB Electric Supplied Tariff [2]
* The tariff is inclusive the subsidised rate by government=21.8 sen/kWh [3]
12
FiT rate
(RM per
kWh)
1.23
1.20
Effective period
21 years
21 years
Annual
degression
rate
8%
8%
1.18
21 years
8%
1.14
21 years
8%
0.95
21 years
8%
0.85
21 years
8%
+0.26
21 years
8%
+0.25
+0.03
21 years
21 years
8%
8%
+0.01
21 years
8%
13