Title: Costs and Economics of Electricity from Residential PV Systems in Europe
Authors: JAEGER-WALDAU Arnulf
Publisher: Prologue Media Ltd.
Publication Year: 2016
JRC N°: JRC103490
URI: http://www.europeanenergyinnovation.eu/Articles/Winter-2016/Costs-and-Economics-of-Electricity-from-Residential-PV-Systems-in-Europe
Type: Articles in periodicals and books
Abstract: In a growing number of countries, electricity production from residential PV solar systems can be cheaper than the variable part of residential electricity prices, depending on the actual electricity price and the local solar radiation level. Therefore, using self-generated electricity provides a means to lower the electricity bill on one hand, and to avoid excessive penetration of PV generated electricity in the grid network. In the case of a PV system size that generates as much electricity as the customer uses over a year, the actual consumption during the time of generation is in general about 25%-30% on residences, in commercial buildings it can be more.
JRC Directorate:Energy, Transport and Climate

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