The Decision to Install a Rooftop Photovoltaic System by a Small Business: A Case Study

Demitrius Schwartz and Amitrajeet Batabyal

MPRA Paper from University Library of Munich, Germany

Abstract: The potential of rooftop solar power has been identified as a main driver of clean energy adoption in an urban environment. While residential solar projects have lower capacity than commercial systems, residential solar represents most of the installation base for rooftop solar projects. Rooftop solar adoption in the commercial market lags residential solar installation. To better understand why this is the case, we conduct a case study of a small, manufacturing firm. Based on the firm's energy demand and the physical attributes of its location, we study a 25-kilowatt solar array using the National Renewable Energy Laboratory’s (NREL) System Advisor Model (SAM). Our empirical study is used to evaluate the economic prospects of a rooftop solar installation project for the firm under study. This analysis sheds light on the financial ramifications of the adoption of solar panels by small, commercial firms in New York state.

Keywords: Decision-Making; Incentive; Photovoltaic System; Solar Energy; Small Business (search for similar items in EconPapers)
JEL-codes: D81 M21 Q42 (search for similar items in EconPapers)
Date: 2023-12-09, Revised 2024-03-01
New Economics Papers: this item is included in nep-ene, nep-env, nep-mac, nep-ppm and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/120361/1/MPRA_paper_120361.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:120361

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().