Research Article

Financial and Performance Analyses of Microcontroller Based Solar-Powered Autorickshaw for a Developing Country

Table 1

Economic factors to determine financial feasibility.

Economic factorsUnits

Operation and maintenance cost5%
Installation cost$3/day
Unit cost of the solar panel ($/Watt-peak)$0.6
Inflation rate (ε)5%
General escalation (GE)3%
Discount rate (δ)7%
LCC nonrecurring cost factor0.565
Interest rate (ι)7%
Project lifetime (n)20 years