Abstract
As an alternative source of electric power, roof-top solar photovoltaic (PV) systems stand out above all other options because of their wide distribution and potential to generate electricity at the point of demand, making electric energy a fungible commodity having a high price elasticity of demand. Such installations are particularly closely connected with prospects of improvements in the standard of living of dwellers in colonies. Continuous affordable access to electricity and the Internet helps the population become part of a more global culture. Solar PV has risen as a technology to solve climate change problems by reducing dependency on conventional electricity generation techniques in order to aim at Sustainable Development Goals (SDGs). The objective of this research is to assess the economics of various roof-top solar PV technologies (Renewable Energy Technologies (RETs)) and financial frameworks in the context of a residential society and to find the best working models and practices that can lead to increased efficiency while optimizing cost in the roof-top segment covering various aspects of the entire value chain.
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Kumar, P., Arora, N., Kaushal, R. (2019). Socio-Economic Aspects of PV Roof-Top Installations for Residential Colonies. In: Mishra, S., Sood, Y., Tomar, A. (eds) Applications of Computing, Automation and Wireless Systems in Electrical Engineering. Lecture Notes in Electrical Engineering, vol 553. Springer, Singapore. https://doi.org/10.1007/978-981-13-6772-4_111
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