INVESTMENT PROFITABILITY ANALYSIS OF AN ON-GRID PHOTOVOLTAIC SYSTEM

The potential of the solar energy sector is starting to become increasingly important. The possibility to produce electrical power for household needs, as a result of an investment in photovoltaics is gaining popularity, and storing its surplus in a power grid and settlement of its consumption on th...

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Main Authors: Piotr Szpulak, Szczepan Paszkiel, Stanisław Wawrzyniak, Mirosław Gryszpiński
Format: Article
Language:English
Published: Lublin University of Technology 2017-06-01
Series:Informatyka, Automatyka, Pomiary w Gospodarce i Ochronie Środowiska
Subjects:
Online Access:https://ph.pollub.pl/index.php/iapgos/article/view/1318
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author Piotr Szpulak
Szczepan Paszkiel
Stanisław Wawrzyniak
Mirosław Gryszpiński
author_facet Piotr Szpulak
Szczepan Paszkiel
Stanisław Wawrzyniak
Mirosław Gryszpiński
author_sort Piotr Szpulak
collection DOAJ
description The potential of the solar energy sector is starting to become increasingly important. The possibility to produce electrical power for household needs, as a result of an investment in photovoltaics is gaining popularity, and storing its surplus in a power grid and settlement of its consumption on the basis of an annual balance, allows to limit electricity bills to the minimum. The implementation stage, which promotes investing in solar renewable energy for own household needs was introduced by the new Act on RES, promoting the prosumer On-Grid system. The paper focuses on presenting the analysis of profitability of installing photovoltaic On-grid systems.
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spelling doaj.art-338ff73cdc8f4ffaab4400290967bb402022-12-22T01:12:41ZengLublin University of TechnologyInformatyka, Automatyka, Pomiary w Gospodarce i Ochronie Środowiska2083-01572391-67612017-06-017210.5604/01.3001.0010.4835INVESTMENT PROFITABILITY ANALYSIS OF AN ON-GRID PHOTOVOLTAIC SYSTEMPiotr Szpulak0Szczepan Paszkiel1Stanisław Wawrzyniak2Mirosław Gryszpiński3Opole University of Technology, Institute of Power Engineering and Renewable EnergyOpole University of Technology, Institute of Power Engineering and Renewable EnergyOpole University of Technology, Institute of Power Engineering and Renewable EnergyOpole University of Technology, Institute of Power Engineering and Renewable EnergyThe potential of the solar energy sector is starting to become increasingly important. The possibility to produce electrical power for household needs, as a result of an investment in photovoltaics is gaining popularity, and storing its surplus in a power grid and settlement of its consumption on the basis of an annual balance, allows to limit electricity bills to the minimum. The implementation stage, which promotes investing in solar renewable energy for own household needs was introduced by the new Act on RES, promoting the prosumer On-Grid system. The paper focuses on presenting the analysis of profitability of installing photovoltaic On-grid systems.https://ph.pollub.pl/index.php/iapgos/article/view/1318photovoltaic systemsOn-Grid systemsRenewable Energy Sources
spellingShingle Piotr Szpulak
Szczepan Paszkiel
Stanisław Wawrzyniak
Mirosław Gryszpiński
INVESTMENT PROFITABILITY ANALYSIS OF AN ON-GRID PHOTOVOLTAIC SYSTEM
Informatyka, Automatyka, Pomiary w Gospodarce i Ochronie Środowiska
photovoltaic systems
On-Grid systems
Renewable Energy Sources
title INVESTMENT PROFITABILITY ANALYSIS OF AN ON-GRID PHOTOVOLTAIC SYSTEM
title_full INVESTMENT PROFITABILITY ANALYSIS OF AN ON-GRID PHOTOVOLTAIC SYSTEM
title_fullStr INVESTMENT PROFITABILITY ANALYSIS OF AN ON-GRID PHOTOVOLTAIC SYSTEM
title_full_unstemmed INVESTMENT PROFITABILITY ANALYSIS OF AN ON-GRID PHOTOVOLTAIC SYSTEM
title_short INVESTMENT PROFITABILITY ANALYSIS OF AN ON-GRID PHOTOVOLTAIC SYSTEM
title_sort investment profitability analysis of an on grid photovoltaic system
topic photovoltaic systems
On-Grid systems
Renewable Energy Sources
url https://ph.pollub.pl/index.php/iapgos/article/view/1318
work_keys_str_mv AT piotrszpulak investmentprofitabilityanalysisofanongridphotovoltaicsystem
AT szczepanpaszkiel investmentprofitabilityanalysisofanongridphotovoltaicsystem
AT stanisławwawrzyniak investmentprofitabilityanalysisofanongridphotovoltaicsystem
AT mirosławgryszpinski investmentprofitabilityanalysisofanongridphotovoltaicsystem