Solar PV Project Cost Calculator

Date 21-Aug-18

System Inputs
System Size (kW-DC) 50000
1st-Year Production (kWh) 78,840,000
Annual Degradation 0.20%

Direct Purchase Inputs

Cost ($/W) $ 1.430
O&M Cost ($/kW) $ 9.00
O&M Escalator (%) 5%

PPA Inputs
PPA Rate ($/kWh) $ 0.11000
PPA Escalator 0.00%

Banking
Discount Rate 6%

Direct
Production PPA Rate
Year Purchase Cost O&M Cost ($)
(kWh) ($/kWh)
($)
0 $ 71,500,000
1 78,840,000 $ 450,000 $ 0.1100
2 78,682,320 $ 472,500 $ 0.1100
3 78,524,955 $ 496,125 $ 0.1100
4 78,367,905 $ 520,931 $ 0.1100
5 78,211,170 $ 546,978 $ 0.1100
6 78,054,747 $ 574,327 $ 0.1100
7 77,898,638 $ 603,043 $ 0.1100
8 77,742,841 $ 633,195 $ 0.1100
9 77,587,355 $ 664,855 $ 0.1100
10 77,432,180 $ 698,098 $ 0.1100
11 77,277,316 $ 733,003 $ 0.1100
12 77,122,761 $ 769,653 $ 0.1100
13 76,968,516 $ 808,135 $ 0.1100
14 76,814,579 $ 848,542 $ 0.1100
15 76,660,949 $ 890,969 $ 0.1100
16 76,507,628 $ 935,518 $ 0.1100
17 76,354,612 $ 982,294 $ 0.1100
18 76,201,903 $ 1,031,408 $ 0.1100
19 76,049,499 $ 1,082,979 $ 0.1100
20 75,897,400 $ 1,137,128 $ 0.1100
21 75,745,605 $ 1,193,984 $ 0.1100
 22 75,594,114 $ 1,253,683 $ 0.1100
23 75,442,926 $ 1,316,367 $ 0.1100
24 75,292,040 $ 1,382,186 $ 0.1100
25 75,141,456 $ 1,451,295 $ 0.1100
Total 1,924,413,416 $ 71,500,000 $ 21,477,194
 Income ($) Balance Interest Count

$ 71,500,000
$ 8,672,400 $ 67,117,600 $ 4,290,000
$ 8,655,055 $ 62,489,601 $ 4,027,056
$ 8,637,745 $ 57,601,232 $ 3,749,376
$ 8,620,470 $ 52,436,836 $ 3,456,074
$ 8,603,229 $ 46,979,818 $ 3,146,210
$ 8,586,022 $ 41,212,584 $ 2,818,789
$ 8,568,850 $ 35,116,489 $ 2,472,755
$ 8,551,712 $ 28,671,766 $ 2,106,989
$ 8,534,609 $ 21,857,463 $ 1,720,306
$ 8,517,540 $ 14,651,371 $ 1,311,448
$ 8,500,505 $ 7,029,949 $ 879,082
$ 8,483,504 $ (1,031,758) $ 421,797
$ 8,466,537 $ (9,560,200) $ (61,905)
$ 8,449,604 $ (18,583,416) $ (573,612)
$ 8,432,704 $ (28,131,125) $ (1,115,005)
$ 8,415,839 $ (38,234,832) $ (1,687,868)
$ 8,399,007 $ (48,927,929) $ (2,294,090)
$ 8,382,209 $ (60,245,814) $ (2,935,676)
$ 8,365,445 $ (72,226,008) $ (3,614,749)
$ 8,348,714 $ (84,908,283) $ (4,333,560)
$ 8,332,017 $ (98,334,796) $ (5,094,497)
$ 8,315,353 $ (112,550,236) $ (5,900,088)
$ 8,298,722 $ (127,601,973) $ (6,753,014)
$ 8,282,124 $ (143,540,215) $ (7,656,118)
$ 8,265,560 $ (160,418,188) $ (8,612,413)
$ 211,685,476
Solar PV Project Cost Calculator
Date 21-Aug-18

System Inputs
System Size (kW-DC) 5000
1st-Year Production (kWh) 7,884,000
Annual Degradation 0.20%

Direct Purchase Inputs

Cost ($/W) $ 1.350
O&M Cost ($/kW) $ 9.00
O&M Escalator (%) 2%

PPA Inputs
PPA Rate ($/kWh) $ 0.11000
PPA Escalator 0.00%

Direct
Production PPA Rate
Year Purchase Cost O&M Cost ($)
(kWh) ($/kWh)
($)
0 $ 6,750,000
1 7,884,000 $ 45,000 $ 0.1100
2 7,868,232 $ 45,900 $ 0.1100
3 7,852,496 $ 46,818 $ 0.1100
4 7,836,791 $ 47,754 $ 0.1100
5 7,821,117 $ 48,709 $ 0.1100
6 7,805,475 $ 49,684 $ 0.1100
7 7,789,864 $ 50,677 $ 0.1100
8 7,774,284 $ 51,691 $ 0.1100
9 7,758,735 $ 52,725 $ 0.1100
10 7,743,218 $ 53,779 $ 0.1100
11 7,727,732 $ 54,855 $ 0.1100
12 7,712,276 $ 55,952 $ 0.1100
13 7,696,852 $ 57,071 $ 0.1100
14 7,681,458 $ 58,212 $ 0.1100
15 7,666,095 $ 59,377 $ 0.1100
16 7,650,763 $ 60,564 $ 0.1100
17 7,635,461 $ 61,775 $ 0.1100
18 7,620,190 $ 63,011 $ 0.1100
19 7,604,950 $ 64,271 $ 0.1100
20 7,589,740 $ 65,557 $ 0.1100
21 7,574,561 $ 66,868 $ 0.1100
22 7,559,411 $ 68,205 $ 0.1100
23 7,544,293 $ 69,569 $ 0.1100
24 7,529,204 $ 70,960 $ 0.1100
 25 7,514,146 $ 72,380 $ 0.1100
Total 192,441,342 $ 6,750,000 $ 1,441,363
$ 573,750,000

Bank Loan
Income ($) Adjustment

$ (6,750,000)
$ 867,240 $ (5,927,760)
$ 865,506 $ (5,108,154)
$ 863,775 $ (4,291,198)
$ 862,047 $ (3,476,905)
$ 860,323 $ (2,665,292)
$ 858,602 $ (1,856,373)
$ 856,885 $ (1,050,166)
$ 855,171 $ (246,685)
$ 853,461 $ 554,051
$ 851,754 $ 1,352,026
$ 850,050 $ 2,147,222
$ 848,350 $ 2,939,620
$ 846,654 $ 3,729,203
$ 844,960 $ 4,515,951
$ 843,270
$ 841,584
$ 839,901
$ 838,221
$ 836,544
$ 834,871
$ 833,202
$ 831,535
$ 829,872
$ 828,212
$ 826,556
$ 21,168,548