Solar PV Project Cost Calculator

Inputs highlighted in Yellow

System Inputs
System Size (kW-DC)
1st-Year Production (kWh)
Annual Degradation

100
145,000
0.50%

Direct Purchase Inputs

Cost ($/W)

3.500

Initial Rebate/Incentive

35,000

O&M Cost ($/kW)

15.00

O&M Escalator (%)

3%

PPA Inputs
PPA Rate ($/kWh)

PPA Escalator

0.15000
3.00%

LCOE Outputs*
Direct Purchase
20 Year
25 Year

$
$

0.12844
0.10824

PPA
20 Year
25 Year

$
$

0.20054
0.21709

*Undiscounted Analysis

Levelized Cost of Energy (LCOE) Model

LCOE Calculator
Input Description

Year

(Please insert the expected system yearly performance degradation)

0
1
2
3
4

(Please insert total system cost per Watt. If not available, use the formula:
Cost ($/W) = (Total-system-cost/Total-system-size-in-watts)

(Please insert the total value of rebates/incentives received within the first
year)

(Please insert the aggregate system size for a site)

(Please insert the aggregate forecasted system production at a site

(Please insert the per kW O&M cost. If not available, use the formula:
O&M Cost ($/kW) = (1st-year-O&M-Cost/Total-system-size-in-kW)

7
8
9
10

(Please insert the expected yearly escalation)

(Please insert the per kWh PPA Rate. If not available, use the formula:
PPA Rate ($/kWh) = (1st-year-PPA-Cost/1st-year-system-prduction)

11

(Please insert the expected yearly escalation. If not uniform, manually insert
yearly escalation in Column I)

12
13
14
15
16
17
18
19
20
21
22
23
24
25

* Compare to expected utility costs over the next 20 years

* Compare to expected utility costs over the next 20 years

Total

DRAFT
October 24, 2013

COE Calculator
Production
(kWh)
145,000
144,275
143,554
142,836

Direct Purchase O&M Cost PPA Escalator

Cost ($)
($)
(%)
$
315,000
$
1,500
$
1,545
3%
$
1,591
3%
$
1,639
3%

PPA Rate
($/kWh)

PPA Cost
($)

$
$
$
$

0.1500
0.1545
0.1591
0.1639

$
$
$
$

21,750
22,290
22,844
23,412

142,122

1,688

3% $

0.1688

23,994

141,411

1,739

3% $

0.1739

24,590

140,704
140,000
139,300
138,604

$
$
$
$

1,791
1,845
1,900
1,957

3%
3%
3%
3%

$
$
$
$

0.1791
0.1845
0.1900
0.1957

$
$
$
$

25,201
25,827
26,469
27,127

137,911

2,016

3% $

0.2016

27,801

3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%

0.2076
0.2139
0.2203
0.2269
0.2337
0.2407
0.2479
0.2554
0.2630
0.2709
0.2790
0.2874
0.2960
0.3049

$ 28,492
$ 29,200
$ 29,926
$ 30,669
$ 31,431
$ 32,212
$ 33,013
$ 33,833
$ 34,674
$ 35,536
$ 36,419
$ 37,324
$ 38,251
$ 39,202
$741,490

137,221
136,535
135,853
135,173
134,498
133,825
133,156
132,490
131,828
131,169
130,513
129,860
129,211
128,565
3,415,613

$
2,076
$
2,139
$
2,203
$
2,269
$
2,337
$
2,407
$
2,479
$
2,554
$
2,630
$
2,709
$
2,790
$
2,874
$
2,960
$
3,049
315,000 $ 54,689

$
$
$
$
$
$
$
$
$
$
$
$
$
$