Net metering rolling credits vs. net billing buyback: An economic analysis of a policy option proposal for photovoltaic prosumers
dc.contributor.author | Aquila G. | |
dc.contributor.author | Rotella Junior P. | |
dc.contributor.author | Rocha L.C.S. | |
dc.contributor.author | Balestrassi P.P. | |
dc.contributor.author | Pamplona E.D.O. | |
dc.contributor.author | Nakamura W.T. | |
dc.date.accessioned | 2024-09-01T06:14:22Z | |
dc.date.available | 2024-09-01T06:14:22Z | |
dc.date.issued | 2024 | |
dc.description.abstract | © 2024 Elsevier LtdThere is a need for a methodology that allows the prosumer to implement a policy of choosing different compensation mechanisms. Thus, we propose the economic equivalence between net metering rolling credit (NM-RC) and net billing buyback (NB-BB) by defining a breakeven price (BP) for NB-BB that equals the Net Present Value (NPV) of these two options and using Discounted Payback Time (DPBT) as a tiebreaker metric. The Brazilian scenario was used for validation. When using the retail price, the NPV values for the NM-RC mechanism were lower in all scenarios (mean NPV of US$ 3958.66 in NM-RC against US$ 4372.17 in NB-BB). It is possible to observe that the BP that equalizes the two mechanisms is generally lower than the tariff charged by the utility (mean BP is US$ 0.1111 while mean tariff is US$ 0.1838), which reveals that offering this choice option does not burden the system. The NM-RC was selected in four cities, and the NB-BB was chosen in three cities. This policy could encourage potential prosumers, who often feel reluctant to invest in PV-DG owing to the long payback period. Thus, the political schemes complementing the compensation mechanism are relevant, especially for continental-sized countries with many utilities. | |
dc.description.volume | 232 | |
dc.identifier.doi | 10.1016/j.renene.2024.121154 | |
dc.identifier.issn | None | |
dc.identifier.uri | https://dspace.mackenzie.br/handle/10899/39249 | |
dc.relation.ispartof | Renewable Energy | |
dc.rights | Acesso Restrito | |
dc.subject.otherlanguage | Distributed generation | |
dc.subject.otherlanguage | Net billing | |
dc.subject.otherlanguage | Net metering | |
dc.subject.otherlanguage | Policy schemes | |
dc.subject.otherlanguage | Sustainable electricity | |
dc.title | Net metering rolling credits vs. net billing buyback: An economic analysis of a policy option proposal for photovoltaic prosumers | |
dc.type | Artigo | |
local.scopus.citations | 3 | |
local.scopus.eid | 2-s2.0-85201066923 | |
local.scopus.subject | Break-even prices | |
local.scopus.subject | Compensation mechanism | |
local.scopus.subject | Economics analysis | |
local.scopus.subject | Net billing | |
local.scopus.subject | Net metering | |
local.scopus.subject | Photovoltaics | |
local.scopus.subject | Policy options | |
local.scopus.subject | Policy schemes | |
local.scopus.subject | Sustainable electricity | |
local.scopus.subject | The net present value (NPV) | |
local.scopus.updated | 2025-04-01 | |
local.scopus.url | https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85201066923&origin=inward |