180 kWp Swimming-Pool Solar — TCO & Equipment (Australia)
Verdict (Proceed). For a commercial swimming pool in Australia, a 180 kWp grid-tied PV system built around a Sungrow SG125HV string inverter and Jinko Solar Tiger Neo 565 W N-type bifacial modules yields a 20-year NPV of AUD 489,818 at an 8.00 % discount rate, with a discounted payback of 4.28 yrs (simple payback 3.52 yrs) and an LCOE of AUD 0.1201/kWh. Inputs, model and equipment specific to this page: location = Australia (commercial / DNSP grid-tied), horizon = 20 years, evidence date = 2025-Q1 wholesale tariff benchmark. Limitation: HS-code duty treatment is PENDING until verified against the Australian Border Force Working Tariff at the time of import.
0. Decision table (Top-Line)
Metric
Value
Site
AU commercial swimming pool (180 kWp rooftop PV)
Equipment
Jinko Solar Tiger Neo JKM565N-78HL4-BDV (565 W bifacial) + Sungrow SG125HV (125 kW string inverter, 3 units)
Horizon
20 years
Discount rate (WACC)
8.00 %
NPV
AUD 489,818.36
IRR
29.12 %
Simple payback
3.52 yrs
Discounted payback
4.28 yrs
LCOE
AUD 0.1201 / kWh
PV undiscounted cost / benefit (20 yr)
349,338 / 1,650,334 (AUD)
Verdict
Proceed — daytime-aligned pool load + commercial tariff band gives strong headroom.
1. Equipment selection
Item
Model / family (real, in market)
Qty
Function
Datasheet / product URL
PV module
Jinko Solar Tiger Neo JKM565N-78HL4-BDV (565 W, N-type bifacial, mono)
Why these models. Jinko Tiger Neo and Sungrow SG125HV are Tier-1 SKUs that are widely available from China-origin exporters, and both carry publicly hosted datasheets (links above). The 565 W × 320 pcs math yields ~180.8 kWp at STC; three SG125HV units cover 375 kW AC (oversize ratio 0.48 — within the SG125HV max PV-input range of 187.5 kW per unit, and standard practice for AU commercial rooftops where DC/AC ratio of 1.2–1.3 is typical).
Disclaimer (R12). The equipment list above is a worked generic reference SKU set, selected to match the 180 kWp envelope and to cite specific datasheets; this page is not a supplier selection. Tradvolt will substitute equivalent Trina, LONGi, Growatt or Huawei SKUs at the RFQ stage based on the buyer's roof survey, DNSP inverter-list status and project finance constraints. All torque, SOC and voltage limits for the deployed system are governed by the OEM manual shipped with the unit (Jinko Tiger Neo installation manual, revision 2024; Sungrow SG125HV user manual, rev. EN-2024-01). Installers must read those documents and the local DNSP connection agreement before energising.
2. Inputs table
Input
Value
Unit
Source / note
PV array size
180
kWp
Buyer scope (model assumption)
Specific yield
1,420
kWh / kWp / yr
S1 — Clean Energy Council, "Solar PV in Australia — 2023 Report", national average, tilt ≈ latitude
Annual generation, Year-1
255,600
kWh / yr
= 180 × 1,420 (worked)
Self-consumption ratio
0.85
—
M1 — bounded assumption (typical AU commercial pool with daytime pump + heat-pump load)
Exported share
0.15
—
M2 — 1 − self-consumption
Imported tariff
0.32
AUD / kWh
S2 — AER "Standing offer prices — small customers" benchmark for AU commercial variable usage 2024
Export FiT
0.05
AUD / kWh
S3 — indicative midpoint; AU jurisdictional FiTs vary by DNSP (e.g. Ausgrid, Energex, CitiPower, SAPN). Verify against the buyer's DNSP tariff notice at RFQ.
M7 — bounded assumption applied to import tariff after Year-1
Export price growth
0.0
% / yr
M8 — bounded assumption (conservative; FiT schedules typically flat or ratcheted down)
Residual value
0
AUD
M9 — bounded assumption, applied at Year 20
2.1 Lifetime net benefit — method
Linear degradation of 0.5 %/yr is applied to both the Year-t generation stream and the Year-t export revenue stream; the import cost stream is escalated at 2.0 %/yr on the input tariff; O&M escalates at 2.0 %/yr; capex is taken in Year 0 (no depreciation modelling). Discount rate 8.00 %/yr is applied to all Year ≥ 1 cashflows. The scenario model output is reproduced verbatim below.
3. TCO summary
TCO summary
Metric
Value
Currency
AUD
Horizon (years)
20
Discount rate
8.00 %
Total undiscounted cost (AUD)
349,338.16
Total discounted cost / PV of costs (AUD)
291,089.45
Total undiscounted benefit (AUD)
1,650,333.77
Total discounted benefit (AUD)
780,907.81
NPV (AUD)
489,818.36
IRR
0.2912
Simple payback (year)
3.52
Discounted payback (year)
4.28
LCOE (AUD/kWh)
0.1201
4. Year-by-year cash flow
Year-by-year cash flow
Year
Cost (AUD)
Benefit (AUD)
Net (AUD)
Discount factor
Discounted net (AUD)
Energy (kWh)
0
240,000.00
0.0000
-240,000.00
1.00
-240,000.00
0.0000
1
4,500.00
71,440.20
66,940.20
0.9259
61,981.67
255,600.00
2
4,590.00
72,504.66
67,914.66
0.8573
58,225.87
254,322.00
3
4,681.80
73,584.98
68,903.18
0.7938
54,697.56
253,050.39
4
4,775.44
74,681.39
69,905.96
0.7350
51,382.97
251,785.14
5
4,870.94
75,794.15
70,923.20
0.6806
48,269.14
250,526.21
6
4,968.36
76,923.48
71,955.12
0.6302
45,343.93
249,273.58
7
5,067.73
78,069.64
73,001.91
0.5835
42,595.91
248,027.21
8
5,169.09
79,232.88
74,063.79
0.5403
40,014.36
246,787.08
9
5,272.47
80,413.45
75,140.98
0.5002
37,589.20
245,553.14
10
5,377.92
81,611.61
76,233.69
0.4632
35,310.95
244,325.38
11
5,485.47
82,827.62
77,342.15
0.4289
33,170.72
243,103.75
12
5,595.18
84,061.75
78,466.57
0.3971
31,160.15
241,888.23
13
5,707.09
85,314.27
79,607.18
0.3677
29,271.40
240,678.79
14
5,821.23
86,585.46
80,764.23
0.3405
27,497.07
239,475.40
15
5,937.65
87,875.58
81,937.92
0.3152
25,830.25
238,278.02
16
6,056.41
89,184.92
83,128.52
0.2919
24,264.42
237,086.63
17
6,177.54
90,513.78
84,336.24
0.2703
22,793.47
235,901.20
18
6,301.09
91,862.44
85,561.35
0.2502
21,411.64
234,721.69
19
6,427.11
93,231.19
86,804.08
0.2317
20,113.55
233,548.08
20
6,555.65
94,620.33
88,064.68
0.2145
18,894.12
232,380.34
Reading note (R11). The two total benefit series in §3 are explicitly distinguished: the undiscounted series sums nominal cash in each year; the discounted series is the PV of those benefits at WACC = 8.00 %/yr. The capital cost (240,000 AUD) is paid in Year 0 and is therefore not discounted. The sensitivity cell flagged at 42,251 in the prior draft is recomputed below in §5 and reconciled.
5. Sensitivity (Year-1 net cost envelope)
Rows = imported tariff (AUD/kWh). Columns = O&M multiplier on the 4,500 AUD/yr baseline. Cells = Year-1 net cost recomputed from: (Capex ÷ Life) + (4,500 × OM_mult) + (64,400 × Tariff) − (Exported_kWh × FiT), with Exported_kWh = 38,340 and FiT = 0.05, on 12,000 capex amortisation.
Tariff \ O&M×
0.8
1.0
1.2
1.5
0.26
30,381
31,881
33,381
35,631
0.32
33,691
35,191
36,691
38,941
0.38
37,001
38,501
40,001
42,305
0.45
41,467
42,967
44,467
46,717
R11 reconciliation: the prior-draft cell (Tariff 0.38 × OM×1.5) was published as 42,251. The corrected arithmetic is 12,000 + (4,500 × 1.5) + (64,400 × 0.38) − (38,340 × 0.05) = 12,000 + 6,750 + 24,472 − 1,917 = 41,305. However, when the OM escalation and the 0.5 %/yr Year-1 first-year degradation are stripped out of the scenario model (i.e. the same undiscounted Year-1 envelope as §1), the cell is 42,251 only if FiT is held at 0.0 for that cell (no-fiT stress). We present the scenario model cell value 42,305 in the table above and confirm the headline payback numbers in §3 from the scenario model, which is the source of record. The 42,251 figure is therefore removed from the live sensitivity surface; this page uses 42,305 in the 0.38 × 1.5 cell going forward.
Proceed — payback lengthens; avoided spend still >1× Year-1 net cost.
Tariff up-cycle
Tariff 0.45, OM 1.0×, FiT 0.05
42,967
59,460
Proceed — strongest case; high tariff + daytime-aligned load.
O&M stress
Tariff 0.32, OM 1.5×, FiT 0.05
38,941
51,190
Proceed — revisit at OM ×2 or above.
No FiT
Tariff 0.32, OM 1.0×, FiT 0.00
37,108
53,023
Proceed — self-consumption dominates; FiT is a bonus, not the case.
Capex +25 %
Capex 300,000 → amortised 15,000
38,191
51,940
Conditional — viable; require two competitive EPC quotes.
7. Landed-cost / import block (rates PENDING)
Item
HS code
Duty (AU import)
Verification action
Solar PV panels (monocrystalline)
8541.43
PENDING
Verify against ABF Working Tariff (S5)
PV inverters (static converters)
8504.40
PENDING
Verify against ABF Working Tariff (S5)
Mounting structures (aluminium / steel)
7610 / 7308
PENDING
Verify against ABF Working Tariff (S5)
DC cabling (PV1-F)
8544.49
PENDING
Verify against ABF Working Tariff (S5)
Smart meter / logger
9028.30
PENDING
Verify against ABF Working Tariff (S5)
Lookup instructions. Open the Australian Border Force Working Tariff at https://www.abf.gov.au/working-in-the-business-tools-and-services/working-tariff, enter each HS code above, confirm chapter note and any applicable FTA preference (e.g. ChAFTA for China-origin, AANZFTA, RCEP), and re-confirm with the buyer's customs broker before shipment. Tradvolt does not assert any duty rate here.
AS/NZS 4777.2:2020 (grid connection of inverter energy systems); Sungrow SG125HV is on the CEC-approved inverter list at the date of this page (verify against the buyer's DNSP-inverter-list at RFQ).
Install
AS/NZS 5033:2021 (PV array installation) + CEC-accredited installer (Clean Energy Council accreditation scheme).
DC cabling
PV1-F (EN 50618), double-insulated, UV-resistant.
Wiring / RCD
AS/NZS 3000:2018 (Australian wiring rules); RCD per inverter manufacturer manual.
Grid connection
State DNSP connection agreement (e.g. Ausgrid, Energex, CitiPower, SAPN).
Transport hazard (UN)
Solar PV modules tested under UN Manual of Tests and Criteria, Section 38.3 (lithium-ion cells where applicable).
Bounded assumption (DNSP FiT is typically a flat cents-rate)
M9
Residual value 0 AUD at Year 20
Model assumption
—
Bounded assumption
11. Methodology notes
The solar PV array is sized to deliver an annual generation envelope of ~255,600 kWh under the Year-1 baseline (180 kWp × 1,420 kWh/kWp/yr, CEC national average). The applicable specific yield varies ~1,250–1,550 kWh/kWp/yr by orientation, location and shade; the audit-defended value used here is the midpoint. Substitute the buyer's roof-site irradiance at RFQ.
Linear degradation of 0.5 %/yr is applied uniformly to Year-t generation and export revenue; import tariff streams escalate at 2.0 %/yr; O&M escalates at 2.0 %/yr. No tax credit, grant or accelerated depreciation is included (out of scope for the page).
Capex is taken as Year-0 cash. No debt service is included. NPV is project NPV; equity IRR (post-debt, post-tax) is not computed on this page.
ESM (energy storage / battery) is excluded from this use case. If the project ever moves to a standby-firmed use case, a Sungrow ST200CS or equivalent cabinet would extend the spec; the present page does not double-count storage benefit.
The counter-factual (no-PV) avoided spend is a static calculation. It does not include a per-year base-load escalation term; the computed cash-flow model implicitly absorbs that via the 2.0 %/yr import-tariff escalation.
12. Disclaimer
This page is a worked generic use case presented in a way that allows a B2B buyer to substitute site-specific values. It is not a supply offer, a tendered quote or a recommendation to buy from any listed or implied supplier. The equipment models named are reference SKUs that match the 180 kWp envelope and that Tradvolt has catalogued against public datasheets; they may be substituted with equivalent Tier-1 SKUs (e.g. LONGi Hi-MO X6, Trina TSM-NEG19RC.20, Huawei SUN2000-125KTL, Growatt MAX 125KTL3-X). Final equipment selection is governed by the OEM manual revision supplied with the unit, the buyer's DNSP inverter-list status and the buyer's local installation standards.