Feasibility analysis of grid tied PV system based on net-metering incentive for a developing country: A case study of Pakistan

This paper investigates the techno-economic viability of grid tied PV system that can be massively deployed in the residential areas of a developing country. Pakistan has been chosen as the area of study for this research. Furthermore, it takes net - metering incentive into account to propose a technologically viable and cost effective grid tied photovoltaic (PV) setup to mitigate the energy crisis prevalent over Pakistan. A detailed market research has been carried out for appropriate technology selection and optimal design of the PV system. Cost and payback analysis for the proposed system has been carried out to find the economic feasibility of the system. The results of the analysis showed that the proposed system can recover its cost with the net-metering incentive within 12 years and the consumer can benefit from the free electricity produced by the system for the remaining of its life time i.e. 13 years.