Research Article

Performance Evaluation of an Existing Renewable Energy System at Gilutongan Island, Cebu, Philippines

Table 7

Simulation results of the techno-economic analysis.

System ConfigurationsElectrical production (kWh/yr)Excess energy (kWh/yr)Net present cost (NPC) (US$)Levelized cost of energy (LCOE) (US$/kWh)Payback period (year)

6,5101,57016,588.750.2712.49
13,0208,02021,223.730.3463.60