Bill saving analysis of rooftop PV customers and policy implications for Thailand

Since a new policy supporting rooftop photovoltaics (PV) will be launched in Thailand, this study investigates the economics of utility customers' investments in rooftop PV (values of bill savings) for four customer groups (residential scale, small general service, medium general service and la...

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Bibliographic Details
Published in:Renewable energy 2019-02, Vol.131, p.422-434
Main Authors: Chaianong, Aksornchan, Tongsopit, Sopitsuda, Bangviwat, Athikom, Menke, Christoph
Format: Article
Language:English
Subjects:
Bill savings
Net billing
Net metering
Rooftop PV
Thailand
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Summary:Since a new policy supporting rooftop photovoltaics (PV) will be launched in Thailand, this study investigates the economics of utility customers' investments in rooftop PV (values of bill savings) for four customer groups (residential scale, small general service, medium general service and large general service) across electricity tariffs, PV-to-load ratios and compensation schemes (net metering and net billing). The values of the bill savings of all groups are higher under the conditions of higher buyback rates/credit, lower PV-to-load ratios, and higher retail rates. Under the current retail rate design, the values of the bill savings of residential and small general service groups are slightly higher than those of medium and large general service groups, since there are demand charges for the latter two groups that cannot be completely avoided using rooftop PV. Load shapes do not significantly impact the values of the bill savings for all customer groups. Additionally, net metering causes a smaller variation in bill savings as compared to net billing, implying more flexibility for the customers to size their PV systems over a broader range. In contrast, net billing would encourage customers to limit their PV sizes, thereby mitigating the concerns of the utilities. •Bill savings of rooftop PV in Thailand is analyzed under potential support schemes.•Bill savings vary across individual load profiles and factors for each group.•Load shapes do not significantly impact the values of bill savings.•Net metering causes a smaller variation of bill savings compared to net billing.•Net billing can help limit PV size and mitigate utility's concerns.
ISSN:0960-1481
1879-0682
DOI:10.1016/j.renene.2018.07.057