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Table 1 DCF analysis input parameters, annual production etc

From: Analyzing the impact of environmental variables on the repayment time for solar farms under feed-in tariff

 

Quantity

Unit

Total

INITIAL SYSTEM COST

   

Installed Capacity

10

MW

 

panel purchase and installation

4

$/W

 

Initial System Cost Total

 

$

40,000,000

OTHER COSTS

   

Land Area

17.29

acre

 

Land Rent

200

$/acre/month

 

Land Cost Total

 

$/yr

41,496

Application Cost

 

$

5,000

OM COSTS

   

% of Installation Costs

1

%

 

OM Annual Total

 

$

400,000

ANNUAL PRODUCTION

   

Installed Capacity

10

MW

 

Mean daily global insolation in Toronto Area

4

kWh/m2

 

Total Energy received annually

 

kWh/m2/yr

1,394

PV moduel efficiency

16

%

 

Total Annual DC output

 

kWh/m2/yr

251

DC to AC conversion factor

90

%

 

Estimated actual Annual output

 

kWh/m2/yr

226

Area of modules needed to provide this rated capacity

70,000

m2

 

Estimated annual kilowatt hours

 

kWh/yr

14,069,261

Ontario FIT rates

0.44

</kWh

 

Estimated Annual Income

 

$/yr

6,232,683

Annual Interest rate

5.0

%