A 10 kW PV system is expected to generate about 15000 kWh pe

A 10 kW PV system is expected to generate about 15,000 kWh per year. If the customer has a net metering agreement with the utility, and uses all the energy generated, what are the savings if the energy is valued at 10 cents per kWh? If this customer also receives a PBI pf 9 cents per kWh, what is the PBI revenue per year?

Solution

Total pbi for year= 15000*9/100=$1350

energy pay=15000*10/100=$1500

net money to be paid to utility=$1500-$1350=$150 in that year