Research Article

Energy Audit of a Residential Building to Reduce Energy Cost and Carbon Footprint for Sustainable Development with Renewable Energy Sources

Table 13

PV system cost savings and payback calculation.

Per unit cost of grid electricity9Rupees

Total energy generated by the PV system per year52,800kW
Total saving per year475200Rupees
Project cost16,80,000Rupees
Payback period3.53Years