PROVIDE

THE CORRECT

ANSWER

DONT

SPAM

THE QUESTION !!!!!!!!!!!!!!!

The Feed-in-Tariff (FiT) rates in Malaysia for Solar PV (Individual) installation is shown in table below. Assume that you want to install 22 kWp of Solar PV system to your house in December 2022 and the Solar PV system is fully imported. Determine the payback period if your capital investment is RM40000. Assume that the Peak Sun Hours (PSH) is 3.3. If you increase the PV capacity installed to 7 kWp and use locally manufactured PV modules, calculate the payback period with the double capital investment when the PV system is installed in March 2023. (20 Marks) Description of Qualifying Renewable Energy Installation Basic Fit rates having installed capacity of: (i) up to and including 4kW FiT Rates (RM Fit Rates (RM per kWh) per kWh) 2013 2014 1.1316 1.0411 1.0157 (ii) above 4kW and up to and including 24kW 1.1040 Bonus Fit rates having the following criteria (one or more): (i) use as installation in buildings or building +0.2392 structures +0.2201 (ii) use as building materials +0.2300 +0.2116 (iii) use of locally manufactured or assembled solar PV modules +0.0500 +0.0030 (iv)use of locally manufactured or assembled solar inverters +0.0100 +0.0100