Feasibility of Residential Grid Connected PV System under the Jordanian Net Metering Renewable Energy Law

Abstract

Jordan is very rich in renewable energy resources especially with solar energy, with an average daily peak sun hours of 5.8, on the other hand it is not an oil producing country and imports 96% of the energy used, in this paper the economic feasibility of a 3.0 kWp PV system is analyzed for three residential scenarios with low, medium and high average monthly electrical energy demand the payback period for the three scenarios are compared and the effect of the electrical tariff structure is studied, the study showed that the 3rd scenario with the highest consumption resulted with a much lower payback period of 3.42 years.

Keywords: Photovoltaic energy, Net metering, Jordan, Renewable energy.