Photovoltaics and electric utilities

R.N. Bright and R.W. Leigh

Energy, 1984, vol. 9, issue 2, 125-147

Abstract: We determine the long-term value of a grid-connected, residential photovoltaic (PV) systems. The value of the PV electricity is defined as the full avoided cost, consistent with the Public Utilities Regulatory Policies Act of 1978. A case study approach to three utility systems is used. The avoided cost is computed using a long range utility planning approach to measure revenue requirement changes in response to the time-phased introduction of PV systems into the grid. The changing value of PV electricity over a 20-year period from 1985 is presented, and the fuel and capital savings due to PV are analyzed and translated into a measure of breakeven capital investment.

Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:9:y:1984:i:2:p:125-147

DOI: 10.1016/0360-5442(84)90055-0

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