SOLAR PV SYSTEM COST ANALYSIS FOR A SMART HOME

Abstract

Solar energy is the technology that finds the greatest development and application area among the renewable energy technologies. There has been a significant increase in the use of solar energy in recent years due to the decrease in the prices of solar photovoltaic(PV) panels. Various financial incentives, including tax and production incentives are given to ensure widespread use in many countries. Solar PV systems can be used either alone or depending on the electrical grid. In this study, information about the components that should be used in the solar PV systems in smart homes are given and economic analyses are made.