Key Figures:

1. Current Payback period varies between 5.7 and 10 years as an average and will be reduced depending on the electricity tariff modification.
2. Profitable: The IRR (internal rate of return varies from 13% to 23% depending on the tariff price, sector and location)
• Residential varies from 20% to 24%
• Commercial varies from 20% to 25%
• Industrial varies from 17% to 19%
3. kWp requires space of 10 – 12 sq. meters
4. Median house electricity needs (lighting, TV, refrigerator, fans) about 20 kWh, needs an average of 4 kWp installed.
5. kWp price for On-Grid System ranges from (16,000-20,000 L.E)
6. Annual average Yield: (1600-1800 kWh/kWp depending on the location
7. Long life span of :
• PV Modules (up to 25 years)
• Inverters (7-10 years)