This paper presents a study on how to right-size the most cost-effective residential photovoltaic (PV) system based on its net present value (NPV). We apply the right sizing methodology for different Demand Response (DR) programs and different US locations. The paper concludes that the proposed right-sizing method can help home owners determine the appropriate size for the PV system as well as help them understand the trade-offs in cost benefit between only installing a PV system and enrolling in a DR program in addition to installing a PV system. This is illustrated by showing the effect of contextual parameters on the optimum size of the PV array.
Citation: ASHRAE/IBPSA-USA Bldg Simulation Conf, Atlanta, GA, Sept 2014
Product Details
- Published:
- 2014
- Number of Pages:
- 8
- File Size:
- 1 file , 2.1 MB
- Product Code(s):
- D-BSC14-27
