Economic potentials of community-shared solar plants from the utility-side of the meter – A Hungarian case

Abstract

Community-shared solar PV systems support the democratization with the efficiency of centralized systems. The paper highlights the economic competitiveness of this model in Hungary. Three options were elaborated by an Excel-based model. Analysis includes levelized costs and levelized savings calculations. Results indicate that new solutions have higher NPVs than traditional ones in Hungary. Sensitivity analyses highlight that net savings of community-financed business models are very sensitive concerning VAT and the capital investments of residential customers.