24 November 2012

Some Basic Parameters of the PV System to Date

There are some handy parameters that can be used to estimate the power or revenue generation of a PV system. Often people will take the kW of the system and multiply it by the expected parameter to get expected value such as kW hours per year or dollars per year. These numbers are relatively easy to calculate. Ideally people are using the most realistic values possible if they want to estimate their expected outcome.
An example is, how many kilowatt hours should I generate from my 5 kW system on my roof?
First, here are my parameters for our 4.9 kW DC system [5 kW string inverter]:
Variables kW Dollars
Mean [4.9 kW] 15.81 $12.68
Per [1 kW] 3.23 $2.59
Min [4.9 kW] 0.05 $0.04
Max [4.9 kW] 35.13 $28.17
In this case, applying my parameters to a hypothetical 5 kW DC system, we could estimate mean daily kW production over the year to be 5 kW * 3.23 kW per kW = 16.15 kW per day. Multiply that your FIT contract price and this would be your daily income averaged over the year. 
You can use the values above to estimate your highest and lowest income as $28.17 / 4.9 * your DC kW.
Oh, and you can see that you'll have some bad days too - $0.04 / 4.9 kW will give you $0.01/kW on dark snowy, snow-covered panel days. 

Revenue to Date

A quick post to provide my monthly income to date from the solar panels. Movember is not complete - it is just to 24 Nov 2012.
Sum - Revenue, daily Years


Date 2010 2011 2012 Total Result
Jan
$136.10 $205.18 $341.29
Feb
$220.57 $258.66 $479.22
Mar
$449.77 $456.57 $906.34
Apr
$395.30 $501.84 $897.14
May
$428.51 $607.72 $1,036.24
Jun
$567.19 $573.10 $1,140.30
Jul
$616.75 $611.45 $1,228.19
Aug $131.53 $528.09 $577.23 $1,236.85
Sep $351.28 $423.49 $480.85 $1,255.62
Oct $360.90 $313.65 $270.70 $945.25
Nov $285.03 $253.69 $193.78 $732.50
Dec $62.74 $176.31
$239.05
Total Result $1,191.47 $4,509.43 $4,737.09 $10,437.99
as of: 2012-11-24


Note how the revenue for the dark and dreary October was lower than previous years. With only 6 sun days left for November, I hope it picks up a bit or it will be another low income month.