Lennar Ventures Power Purchase Agreement Analysis

Primary Author(s)

Florida Solar Energy Center
Philip Fairey, Florida Solar Energy CenterFollow

Secondary Author(s)

Sonne, Jeffrey

Report Number

FSEC-CR-2032-16

URL

http://publications.energyresearch.ucf.edu/wp-content/uploads/2018/06/FSEC-CR-2032-16.pdf

Keywords

Photovoltaics; Software; Power Purchase Agreement; Photovoltaic systems; Energy simulation; Cost-effectiveness analysis; Climate zones

Abstract

An analysis was performed to determine the cost-effectiveness of photovoltaic (PV) system Power Purchase Agreements for prototype homes in 13 United States climate locations. EnergyGauge® USA v.5.1 software was used to simulate the energy use of one-story, three-bedroom, 2000 ft² , single-family, frame prototype homes in thirteen representative U.S. climates comprising six IECC climate zones. The same software was used to simulate the power production of PV systems designed to provide approximately 75% of the annual electric energy required by the prototype homes. The net present value (NPV) of the photovoltaic PPA was then calculated as the difference in the 20-year, present-value, life-cycle-cost for the PPA and the 20-year, present-value, life-cycle-cost for purchasing all required power from the local utility

Date Published

9-27-2016

Identifiers

106

Subjects

Photovoltaic power systems; Energy consumption; Cost effectiveness; Computer software; Climatic changes

Local Subjects

Photovoltaics; Software

Type

Text; Document

Creator (Linked Data)

Fairey, Philip W. [LC]

Collection

FSEC Energy Research Center® Collection

STARS Citation

Florida Solar Energy Center and Fairey, Philip, "Lennar Ventures Power Purchase Agreement Analysis" (2016). FSEC Energy Research Center®. 106.
https://stars.library.ucf.edu/fsec/106