Economic analysis

Economic analysis

 

The production of electricity through a photovoltaic system allows to obtain economic benefits as a result of:

However, the construction of a photovoltaic system comes at a relevant cost which must be compared with future revenues to be able to evaluate the cost-effectiveness.

BlueSol provides the tools to be able to analyze the advantages of the realization of the photovoltaic system, evaluating costs of realization and management and simulating the profitability during the assessment period, considering variable aspects as the falling of the annual production, the cost impact of financing, the changes in energy costs due to inflation.

The economic evaluation involves a lot of data to be processed, concerning:

  • Costs: Specifies the costs of realization of the PV system in addition to periodic and the maintenance

  • Financing: Sets the details of a possible partial or total financing of the realization of the system

  • Energy consumption: Estimates the consumption and the self-consumption of system

  • Energy sales: Rates of electricity sales

  • Incentives: Incentives, on the energy produced, that may be available in the country in which it operates the system

  • Taxes: Defines the fees charged to earnings procured by the photovoltaic

  • Table: Detailed table of profitability, for each year during the assessment period of the system

 

The Profitability page summarizes the main results of the economic analysis. More details can be found in the pages Table and Charts, where it is presented a detailed table for years and the graphs of the trend of economic parameters over time. Tables and graphs can then be exported in XLS format and as images.

 

Please note that all amounts included in the economic analysis should be entered either with or without sales tax. As a rule, all amounts should be entered as net sums. However, if you enter a gross amount, you should make sure that all entries are gross.

The currency symbol used by the program ($ or € ...) is taken from the settings of your computer, but the currency text is set in the settings of the application.