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Research Article

Solar PV-Battery-Electric Grid-Based Energy System for Residential Applications: System Configuration and Viability

Table 6

Reduction rate of battery and PV cost.

TermBattery cost reductionNPV of PV-battery (only battery cost reduction) (€)PV and inverter cost reductionNPV of PV-battery (PV, battery, and inverter cost reduction) (€)NPV of PV only (PV, battery, and inverter cost reduction) (€)

0%-24670%-24671715
Short50%-58617%7972830
Medium67%5433%23263627
Long80%54344%33834126