Economic Feasibility Comparison between Building-Integrated Photovoltaics and Green Systems in Northeast Texas

Abstract

Various types of photovoltaic (PV) modules have been developed to exploit solar energy, a major renewable energy resource. One of the popular types of PV modules is building-integrated photovoltaics (BIPV), which are PV modules used as building materials. The goal of this study is to conduct an economic feasibility analysis of BIPV on the rooftop of the Keith D. McFarland Science Building at Texas A&M University, Commerce, Texas. To this end, a polynomial regression (PR) model is developed to estimate the electricity generation quantity of solar energy in the subject area, where the maximum temperature is 104 °F (40 °C) in summer. The developed PR models are used to estimate the potential profit of BIPV on the rooftop of the subject building, and the results are compared with the profit of a green roof system at the subject building. The economic feasibility analyses show that the levelized cost of electricity (LCOE) of the green roof system is approximately 39.77% higher than that of the BIPV system at a discount rate of 5%. Thus, the BIPV system is more profitable than the green roof system; consequently, this research will contribute to the implementation of BIPV on building rooftops and the expansion of renewable energy use in preference to fossil fuel.