— Solar Photovoltaic (PV) system can be a pragmatic and affordable solution for providing the large scale electrical load in any commercial place. This will reduce the load consumption from national grid as well as this form of Renewable Energy (RE) is totally environment friendly. This paper presents the savings of electricity consumption cost in commercial sector of Bangladesh by supplying the lighting load with solar PV system. In Bangladesh, presently total electrical demand is about 6000 MW and 15% of it, that is, about 900 MW is commercial load. Approximately 11% of the commercial load, that is, 100 MW is used for lighting purpose in Bangladesh. Through economic analysis, it is found that in next 25 years, $ 122.4 million and $ 156.6 million can be saved for day long supply of lighting load and peak hour supply of lighting load, respectively, by using solar PV system in commercial sector of Bangladesh.
— Commercial load, payback period, solar PV system, savings of cost.
A. Hasib Chowdhury and Nahid-Al-Masood are with the Department of Electrical and Electronic Engineering, Bangladesh University of Engineering and Technology, Dhaka-1000, Bangladesh (e-mail: email@example.com, firstname.lastname@example.org).
Manjurul Alam Fuad, Md. Asad Uz Zaman, and Ridwanur Rahman are with the Department of Electrical, Electronic and Communication Engineering, Military Institute of Science and Technology, Dhaka, Bangladesh.
Cite: A. Hasib Chowdhury, Nahid-Al-Masood, Manjurul Alam Fuad, Md. Asad Uz Zaman, and Ridwanur Rahman, " Savings of Electricity Consumption Cost in Commercial Sector of Bangladesh," International Journal of Innovation, Management and Technology vol. 4, no. 4, pp. 439-442, 2013.