This LCOE calculator is simplified. It does not include the benefit calculation of the solar PV system (i.e. electricity bill savings) nor does it account for tax implications (e.g. depreciation period is aligned to operational life). It is also thought to give only an indication of the LCOE of a PV investment and should not be the basis for taking an investment decision.
This calculation tool represents the personal opinions of the members of the evaluation team. The evaluation team members, the Solar Energy Research Institute of Singapore (SERIS) and the National University of Singapore (NUS), exclude any legal liability for any calculation made with this tool. In no event shall the evaluation team members, SERIS, and NUS of any tier be liable in contract, tort, strict liability, warranty or otherwise, for any special, incidental or consequential damages, such as, but not limited to, delay, disruption, loss of product, loss of anticipated profits or revenue, loss of use of the equipment or system, non-operation or increased expense of operation of other equipment or systems, cost of capital, or cost of purchase or replacement equipment systems or power.