Rooftop Solar Power Generation

Abstract

The economic analysis of the Rooftop Solar Power Generation Project was conducted in accordance with Asian Development Bank (ADB) guidelines,1 and measured the projected costs and benefits at 2017 constant prices for a period of 23 years—2018 until 2040. The economic internal rate of return (EIRR) was calculated by comparing the with-project and without-project scenarios. All financial prices were converted into economic prices by applying the corresponding conversion factors. A sensitivity analysis was conducted to ascertain the robustness of the investment.