SolOpt

Abstract

This software requires inputs of simple hot water system inventory information and general building usage information to calculate the energy and cost benefits of solar PV and solar SHW systems. This tool conducts and complex hourly simulation of solar PV and SHW energy production to optimize rooftop area. Four optimization criteria are offered that will change the sizes of the two solar energy systems: !'Jet-present value, discounted payback period, C02 reduction, and total renewable energy production. This tool includes the option for advanced system design inputs if they are known. This tool calculates energy savings, demand reduction, cost savings, incentives and building life cycle costs including: simple payback, discounted payback, net-present value, and savings to investment ratio. In addition this tool also displays the environmental benefits of a project.