TELKOMNIKA Telecommunication, Computing, Electronics and Control
Cost implications analysis of grid supplied electricity and solar source of electricity in Nigeria
Dublin Core
Title
TELKOMNIKA Telecommunication, Computing, Electronics and Control
Cost implications analysis of grid supplied electricity and solar source of electricity in Nigeria
Cost implications analysis of grid supplied electricity and solar source of electricity in Nigeria
Subject
Cost implication, Energy, Power holding company of nigeria, Solar system
Description
Energy is a key component in the overall growth of every nation. Insufficient energy delivery hinders political growth, restricts social growth, limits economic growth, and negatively affects the standard of living of citizens, both in urban and rural areas. Sufficient energy delivery increases food production, improves the standards of living of citizens, improves healthcare and enhancements in other human services, enhances industrial output, provides effective and efficient transportation not forgetting adequate shelter to the citizens of the nation. Currently, there is a significant level of deficiency in Nigeria’s energy sector. This study seeks to address this issue by analysing cost implications of conventional energy source and solar energy source. This
study brings to focus the payback period of a solar powered home and the return on investment that might accrue during this time to the residential homeowners. Furthermore, the best cost-effective load sharing option for residential owners considering two energy sources is also obtained.
study brings to focus the payback period of a solar powered home and the return on investment that might accrue during this time to the residential homeowners. Furthermore, the best cost-effective load sharing option for residential owners considering two energy sources is also obtained.
Creator
Tobiloba Somefun, Claudius Awosope, Ademola Abdulkareem, Joseph Ojo, Elizabeth Amuta, Timilehin Sanni
Source
DOI: 10.12928/TELKOMNIKA.v18i6.13558
Publisher
Universitas Ahmad Dahlan
Date
October 2020
Contributor
Sri Wahyuni
Rights
ISSN: 1693-6930
Relation
http://journal.uad.ac.id/index.php/TELKOMNIKA
Format
PDF
Language
English
Type
Text
Coverage
TELKOMNIKA Telecommunication, Computing, Electronics and Control
Files
Collection
Citation
Tobiloba Somefun, Claudius Awosope, Ademola Abdulkareem, Joseph Ojo, Elizabeth Amuta, Timilehin Sanni, “TELKOMNIKA Telecommunication, Computing, Electronics and Control
Cost implications analysis of grid supplied electricity and solar source of electricity in Nigeria,” Repository Horizon University Indonesia, accessed November 10, 2024, https://repository.horizon.ac.id/items/show/4138.
Cost implications analysis of grid supplied electricity and solar source of electricity in Nigeria,” Repository Horizon University Indonesia, accessed November 10, 2024, https://repository.horizon.ac.id/items/show/4138.