A Simplified Method: System Size and Cost Estimation of Grid Connected Photovoltaic (GCPV) System

Abstract

There are various types of Renewable Energy (RE) that has been studied by many researchers in order to find a cost-effective energy generation in reducing the non-renewable energy source. In this study, the solar energy was suggested in order to apply the Net Energy Metering (NEM) scheme that has been introduced effective on 1st January 2019, by Malaysian government in achieving 20% national RE target in electricity power mix, reducing the dependency on imported fossil fuels. Based on the data and results, the suitable size of solar panel for a house can be determined based on the daily electricity usage. The findings show that the system size and the cost itself also depends on the estimated amount solar generated set by the consumer.