Computing Optimal Size Of Solar Array For Residential Use
Factors:
- monthly consumption
- 24-hour consumption graph
- cost of energy storage (batteries)
- cost of solar panels
- rate of cost decline of solar panels in the market
- cost of wiring
- threat of typhoons
- cost and size of inverter
- reliability of grid
- availability of funds
- interest rate of funds
- daily solar hours in area and season of the year
- acceptable Return-Of-Investment or Payback Period