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Economic Analysis of the Photovoltaic Installation Use Possibilities in Farms Cover

Economic Analysis of the Photovoltaic Installation Use Possibilities in Farms

Open Access
|Dec 2020

Abstract

The aim of the study was to conduct an economic analysis of the possibilities of using photovoltaic (PV) installations in selected farms. Two selected online PV calculators were used for the analysis. The research included 15 farms located in the Małopolskie Province. For a PV installation estimated using Calculator 1, Hewalex, the payback period ranged from 5.5 to 7 years for the 40% subsidy option and from 9 to 11 years without the subsidy, respectively. On the other hand, the payback period estimated with the use of the SmartekDom calculator ranged from 6 to 8 years for the option with 40% subsidy. However, without the subsidy, the period ranged from 7 to even 13 years.

DOI: https://doi.org/10.1515/agriceng-2020-0035 | Journal eISSN: 2449-5999 | Journal ISSN: 2083-1587
Language: English
Page range: 47 - 60
Submitted on: Aug 1, 2020
Accepted on: Sep 1, 2020
Published on: Dec 31, 2020
Published by: Polish Society of Agricultural Engineering
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2020 Dariusz Kwaśniewski, Cengiz Akdeniz, Faruk Durmaz, Fırat Kömekçi, published by Polish Society of Agricultural Engineering
This work is licensed under the Creative Commons Attribution 4.0 License.