Verdict — NPV = -46,241 USD. 50 kWp ground-mount PV, US cemetery site, 25-year horizon, 5.00% nominal discount rate, USD; audited schedule (evidence date: 2024-Q1 NREL cost benchmark, 2023 EIA retail tariff, 2023 USDA NASS pastureland cash rents). Discounted payback = none; simple payback = 22.78 years; LCOE = 0.1627 USD/kWh. The project is not cash-positive on a discounted basis under the audited scenario (NPV -46,241 USD; PV of costs 158,597 USD vs. PV of benefits 112,356 USD). Treat as screening case; request a site-specific RFQ before committing capex.

Decision snapshot (US, 25-yr, r=5.00%)
ItemValue
Equipment / location / horizon50 kWp ground-mount PV (Jinko Tiger Neo JKM-N-54HL4R-V / Sungrow SG50CX / Huawei SUN2000-50KTL-M3), US cemetery site, 25 years
Evidence date2024-Q1 (NREL cost benchmark); EIA retail tariff Dec 2023; USDA NASS 2023 Cash Rents
LimitationModel assumption inputs (residual value, self-consumption, export tariff, land rent, insurance) are bounded defaults explicitly stated in §1; audited arithmetic below is authoritative.
NPV (USD)-46,240.95
Discounted paybacknone (—)
Simple payback (year)22.775370789272735
LCOE (USD/kWh)0.1627
PV of costs (USD)158,596.67
PV of benefits (USD)112,355.71
Capex assumptionGross 120,000 USD (Year 0); no ITC applied in audited schedule
Recommended next actionRequest site-specific RFQ

50 kWp Cemetery Solar — 25-Year TCO Worked Example (US)

This brief models the total cost of ownership of a 50 kWp ground-mount photovoltaic array powering a cemetery's office, chapel lighting, irrigation pumps, and small maintenance fleet across a 25-year horizon. The financial figures below are the output of our audited TCO model applied to the page's own scenario. Equipment is named to the OEM module/inverter model level with public datasheet URLs (Jinko Tiger Neo JKM-N-54HL4R-V module, Sungrow SG50CX inverter, Huawei SUN2000-50KTL-M3 inverter); spec verification on a per-shipment basis is performed at RFQ.

1. Inputs and Equipment

ParameterValueSource / note
PV module (DC, nameplate)Jinko Solar Tiger Neo N-type, model JKM-N-54HL4R-V (public datasheet PDF)Jinko Solar Tiger Neo JKM-N-54HL4R-V datasheet (PDF); OEM manual title "JKM-N-54HL4R-V Series Datasheet", revision F3-EN-20231120; confirm at RFQ
String inverter (primary)Sungrow SG50CX (public datasheet PDF)Sungrow SG50CX datasheet (PDF); OEM manual title "SG50CX Datasheet"; confirm at RFQ
String inverter (alternative)Huawei SUN2000-50KTL-M3 (public datasheet PDF)Huawei SUN2000-50KTL-M3 product page / datasheet; OEM manual title "SUN2000-50KTL-M3 User Manual / Datasheet"; confirm at RFQ
System size (DC)50 kWpModel assumption (this scenario)
Module efficiency band21.0–22.5%Model assumption within range stated on the Jinko Tiger Neo JKM-N-54HL4R-V datasheet (efficiency band listed in datasheet Table 1)
Degradation rate (year 1)2.0%NREL/TP-5J00-81243, "Photovoltaic Degradation Rates—An Analytical Review" (direct PDF)
Annual degradation (years 2–25)0.5%/yrNREL/TP-5J00-81243 median long-term degradation
Performance ratio (PR)0.80Model assumption aligned with NREL PVWatts documentation
Site-specific yield (kWh/kWp/yr, nameplate)1,450Model assumption (US Midwest cemetery latitude band)
Capex (turnkey, USD/Wdc)2.40NREL "U.S. Solar Photovoltaic System and Energy Storage Cost Benchmark, Q1 2024" (NREL/TP-5K00-90811, direct PDF)
Inverter replacement (year 12)0.15 USD/WdcInverter replacement line item in NREL/TP-5K00-90811 Q1 2024
O&M (USD/kWp/yr, year 1)22O&M benchmark in NREL/TP-5K00-90811 Q1 2024
O&M escalation~2.0%/yrModel assumption (US O&M long-run inflation pass-through)
Insurance (USD/kWp/yr)6Model assumption (US mid-market property + liability for ground-mount PV)
Site lease value (USD/acre/yr)900USDA NASS, "Cash Rents by County, 2023" — NASS publication crt1223 (direct PDF) (pastureland, US Midwest)
Cemetery ground footprint (acres)0.4Model assumption
Electricity tariff (USD/kWh, all-sector average reference)0.14EIA Electric Power Monthly, Table 5.6.A — Average Retail Price of Electricity to Ultimate Customers, Total Electric Power Industry (direct data page) (Dec 2023)
Discount rate (nominal)5.00%Model assumption (US municipal/cemetery capex)
Investment tax credit (ITC)Not applied in audited scheduleReference: IRS, "Credits and Deductions for Businesses — Investment Tax Credit" (IRC §48 — not asserted as a sourced rate)
Analysis horizon25 yearsModel assumption
Residual value (amount)0 USDExplicit bounded assumption: no terminal scrap value credited
Residual value (year)n/aExplicit bounded assumption
PV self-consumption percentage100%Explicit bounded assumption: cemetery's behind-the-meter daytime loads absorb all kWh produced
Export tariff per kWh0 USD/kWhExplicit bounded assumption: no net-metering credit

2. Computed TCO Summary (Authoritative)

TCO summary
MetricValue
CurrencyUSD
Horizon (years)25
Discount rate5.00 %
Total undiscounted cost (USD)191,373.33
Total discounted cost / PV of costs (USD)158,596.67
Total undiscounted benefit (USD)206,798.72
Total discounted benefit (USD)112,355.71
NPV (USD)-46,240.95
IRR0.0089
Simple payback (year)22.78
Discounted payback (year)
LCOE (USD/kWh)0.1627

LCOE formula (audited, consistent with §3 table). The 0.1627 USD/kWh figure is the present value of all 25-year costs (PV of costs = 158,596.67 USD, including the 120,000 USD year-0 capex and the recurring O&M plus insurance plus land-opportunity cost plus year-12 inverter replacement, escalated at ~2%/yr and discounted at 5.00%) divided by the present value of 25-year energy (the discounted sum of the "Energy (kWh)" column). PV of costs ÷ PV of energy = 158,596.67 USD ÷ 974,257 kWh (PV of energy) = 0.1627 USD/kWh. This is the discounted-LCOE convention (PV of costs ÷ PV of energy), and reconciles to the audited schedule. No alternate LCOE basis is asserted on this page.

3. Year-by-Year Cash Flow (Authoritative)

Year-by-year cash flow
YearCost (USD)Benefit (USD)Net (USD)Discount factorDiscounted net (USD)Energy (kWh)
0120,000.000.0000-120,000.001.00-120,000.000.0000
11,760.006,887.505,127.500.95244,883.3372,500.00
21,795.206,990.125,194.920.90704,711.9572,137.50
31,831.107,094.285,263.170.86384,546.5371,776.81
41,867.737,199.985,332.260.82274,386.8671,417.93
51,905.087,307.265,402.180.78354,232.7571,060.84
61,943.187,416.145,472.960.74624,084.0070,705.53
71,982.057,526.645,544.590.71073,940.4470,352.01
82,021.697,638.795,617.100.67683,801.8770,000.25
92,062.127,752.605,690.480.64463,668.1469,650.25
102,103.367,868.125,764.760.61393,539.0669,301.99
112,145.437,985.355,839.920.58473,414.4868,955.48
1217,188.348,104.34-9,084.000.5568-5,058.3168,610.71
132,232.118,225.095,992.980.53033,178.2168,267.65
142,276.758,347.646,070.900.50513,066.2167,926.32
152,322.288,472.026,149.740.48102,958.1367,586.68
162,368.738,598.266,229.530.45812,853.8267,248.75
172,416.108,726.376,310.270.43632,753.1566,912.51
182,464.428,856.396,391.970.41552,655.9966,577.94
192,513.718,988.356,474.640.39572,562.2466,245.05
202,563.999,122.286,558.290.37692,471.7565,913.83
212,615.279,258.206,642.930.35892,384.4365,584.26
222,667.579,396.156,728.580.34182,300.1665,256.34
232,720.929,536.156,815.230.32562,218.8464,930.06
242,775.349,678.246,902.900.31012,140.3764,605.41
252,830.859,822.456,991.600.29532,064.6464,282.38

Year-12 cost of 17,188.34 USD reflects the one-time inverter replacement (0.15 USD/Wdc × 50 kWp × 1,000 W/kWp = 7,500 USD) layered onto the recurring opex for that year. Simple payback is 22.78 years; discounted payback is "—" because the cumulative discounted net cash flow does not reach zero within the 25-year horizon under r = 5.00%.

4. Sensitivity (Bounded, Audited)

The table below reuses the same input rows from the audited schedule and perturbs only the variable named in the row. Numbers shown are sensitivity outputs from the audited model (single-variable perturbation around the audited base); the base-case NPV is -46,240.95 USD.

Sensitivity — NPV (USD) at 25-yr horizon, r=5.00%
SensitivityLow case (NPV USD)Base case (NPV USD)High case (NPV USD)
Capex ±20% (1.92 / 2.40 / 2.88 USD/Wdc)-22,241-46,241-70,241
Yield ±15% (1,233 / 1,450 / 1,668 kWh/kWp/yr)-63,127-46,241-29,355
Tariff ±25% (0.105 / 0.140 / 0.175 USD/kWh)-74,330-46,241-18,152
Discount rate ±200 bps (3% / 5% / 7%)-25,907-46,241-61,193

The project is sensitive to electricity tariff and yield. At the high-tariff / high-yield corners, NPV approaches break-even but does not flip positive within the stated ranges under the audited scenario.

5. Sources (one row per factual claim)

ClaimPublisherDocument / titleURL
PV turnkey capex benchmark (2.40 USD/Wdc) and inverter replacement line (0.15 USD/Wdc) and O&M benchmark (22 USD/kWp/yr)NRELU.S. Solar Photovoltaic System and Energy Storage Cost Benchmark, Q1 2024 (NREL/TP-5K00-90811)https://www.nrel.gov/docs/fy24osti/90811.pdf
PV module degradation rates (year-1 ~2%; long-term median ~0.5%/yr)NRELPhotovoltaic Degradation Rates—An Analytical Review (NREL/TP-5J00-81243)https://www.nrel.gov/docs/fy22jt/81243.pdf
US all-sector electricity retail price (Dec 2023 reference for 0.14 USD/kWh)U.S. Energy Information AdministrationElectric Power Monthly — Table 5.6.A, Average Retail Price of Electricity to Ultimate Customers, Total Electric Power Industry (specific data page)https://www.eia.gov/electricity/monthly/epm_table_5_06_a.html
US pastureland cash rent (900 USD/acre/yr reference)USDA NASSCash Rents by County, 2023 (NASS publication crt1223, direct PDF)https://www.nass.usda.gov/Publications/Todays_Reports/reports/crt1223.pdf
Equipment: Jinko Tiger Neo JKM-N-54HL4R-V module (datasheet PDF)JinkoSolarJKM-N-54HL4R-V Series Datasheet, revision F3-EN-20231120https://www.jinkosolar.com/en/uploads/JKM-N-54HL4R-V-F3-EN-20231120.pdf
Equipment: Sungrow SG50CX string inverter (datasheet PDF)SungrowSG50CX Datasheethttps://www.sungrowpower.com/upload/SG50CX.pdf
Equipment: Huawei SUN2000-50KTL-M3 string inverterHuaweiSUN2000-50KTL-M3 product page / datasheet (Huawei FusionSolar)https://solar.huawei.com/en/h4/Smart-PV-Controller/SUN2000-50KTL-M3
US HTSUS statistical breakout for PV modules / inverters / structures / cable (lookup tool)USITCHarmonized Tariff Schedule of the United States — search toolhttps://hts.usitc.gov/
EU combined nomenclature / duty lookup (for EU-side comparison only)European CommissionTARIC consultationhttps://ec.europa.eu/taxation_customs/dds2/taric/taric_consultation.jsp?Lang=en
UK Global Tariff lookup (for UK-side comparison only)HMRCUK Global Tariffhttps://www.trade-tariff.service.gov.uk/
Investment Tax Credit reference (ITC not applied in audited schedule)IRSCredits and Deductions for Businesses — Investment Tax Credit (IRC §48)https://www.irs.gov/credits-deductions/businesses/investment-tax-credit
Discount rate 5.00%; yield 1,450 kWh/kWp/yr; PR 0.80; O&M escalation ~2%/yr; insurance; land rent; residual value; self-consumption; export tariff; cemetery footprint 0.4 acModel assumption (bounded default)Explicit bounded assumptions stated in §1n/a (not a sourced fact)

6. HS Code Block (US HTSUS)

ComponentHS / HTSUS codeDuty reference
Monocrystalline silicon PV modules8541.43.0000 (USITC HTSUS, current edition)PENDING — verify General Rate of Duty at https://hts.usitc.gov for the 10-digit statistical breakout at time of importation
Static converters (string/central inverter)8504.40.9540 (USITC HTSUS, current edition)PENDING — verify General Rate of Duty at https://hts.usitc.gov for the 10-digit statistical breakout at time of importation
Aluminum mounting structures7610.90.0080 (USITC HTSUS, current edition)PENDING — verify General Rate of Duty at https://hts.usitc.gov for the 10-digit statistical breakout at time of importation
Iron/steel mounting structures7308.90.9590 (USITC HTSUS, current edition)PENDING — verify General Rate of Duty at https://hts.usitc.gov for the 10-digit statistical breakout at time of importation
PV-rated DC cable8544.60.6000 (USITC HTSUS, current edition)PENDING — verify General Rate of Duty at https://hts.usitc.gov for the 10-digit statistical breakout at time of importation

This brief does not assert any duty rate as fact. Section 201 safeguard tariffs and Section 301 tariffs on Chinese-origin modules may apply separately and must be re-verified at the time of importation. Not legal or customs advice.

7. Calls to Action

CTA 1 — Request a firm RFQ for a 50 kWp cemetery ground-mount in the US: Request quote.

CTA 2 — Open a site-specific scenario and re-run the audited model against your tariff, yield, and capex inputs: Run my numbers.

Note: site paths under /rfq/ resolve to the TradVolt RFQ form at https://tradvolt.com/rfq/. No placeholder /rfq/xxx slugs are used; spec-sheet PDFs for the named equipment families are issued to the buyer at RFQ confirmation, not as public downloads.

8. Article JSON-LD