NCSEA's Miriam Makhyoun will give a presentation on "Modeling Levelized Cost of Solar Photovoltaics in North Carolina with and without Tax Credits Compared with Retail Electricity Prices to 2020" during the System Advisor Model Virtual Conference.
When: 4 p.m. EST, Wednesday, June 20, 2012
Where: NRELSAM webite
What: The conference will be a series of 15-minute presentations of different applications of SAM by your colleagues from around the world, hosted by the SAM team at NREL.
This North Carolina-specific case evaluates when the declining cost of solar PV systems will reach “grid parity”—the point at which the amortized cost of a solar PV system becomes equal to retail electricity prices in North Carolina. This parametric analysis evaluates the impact of PV system capacity and the presence or absence of federal and state tax credits on the cost of solar PV systems.
The System Advisor Model of the National Renewable Energy Laboratory was used to produce the levelized cost of energy (LCOE), the cost incurred to install and maintain an energy-producing system divided by the energy the system will produce over its lifetime of operation, which was compared with retail electricity prices.