Design and Optimization of Solar Carport Canopies for Maximum Power Generation and Efficiency at Bahawalpur

Table 8

Investment and payback period.

Components	Cost
Cost of PV system ($0.91/Watt)	$15727.3
Structure cost for a canopy ($4.5/sq. ft)	$5454.5
Total cost in dollars	$21181.8
Annual solar generation in $	$3212.3
Time	Year
Payback period (years)	6.6