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Frontiers of Engineering Management >> 2015, Volume 2, Issue 2 doi: 10.15302/J-FEM-2015031

Economic Analysis of Residential Distributed Solar Photovoltaic

1. School of Management, Xi’an University of Architecture and Technology, Xi’an 710055, China.2. School of Architecture, Xi’an University of Architecture and Technology, Xi’an 710055, China

Accepted: 2015-10-13 Available online: 2015-11-12

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Abstract

Under the huge challenges of global energy conservation, emission reduction and energy security, distributed solar photovoltaic industry has become the key means to achieve economic restructuring and low carbon economy. Based on System Advisor Model software, the authors choose Baoji as the sample plot. Household load, unit investment, loan interest rate and loan fraction are used as influence factors to analyze the economic benefits of distributed solar photovoltaic in China. The result demonstrates that government incentives help to increase the profitability of distributed solar photovoltaic by a large extent; other factors that influence the profitability includes household load, unit investment cost, loan interest rate and loan fraction.

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