Use case · Villa Hybrid 15 kW · China → Thailand
Villa Hybrid 15 kW — TCO & Landed Cost (CN → TH)
Verdict (computed, this scenario): NPV = USD 21,624 over a 25-year horizon at an 8.00% discount rate, on a flat USD-denominated tariff stream and a zero-cost line in this isolated displacement model. Simple payback = 0.0 yr; discounted payback = 0.0 yr; LCOE = USD 0.0000/kWh. The benefit stream totals USD 53,595.02 undiscounted and USD 21,624.47 discounted. Interpretation: on the inputs used by the scenario model, every dollar of capital and operating cost was set to zero and the only flow is a benefit — so the result is positive NPV with immediate payback. A real landed-cost decision still requires a named HS line, an EXW quote on the Sungrow SH15T 15 kW three-phase hybrid inverter (datasheet below), ocean freight, Thai import duty and VAT — none of which are included in the computed cost column. Evidence date: 2026-09-21. Limitation: see §10.
Decision snapshot
| Item | Value | Source / status |
|---|---|---|
| Equipment | Sungrow SH15T — 15 kW three-phase hybrid inverter (paired LFP battery sized at RFQ) | OEM datasheet cited in §6 |
| Origin → Destination | China → Thailand (villa) | Scenario |
| Horizon | 25 years | Model default |
| Discount rate | 8.00% | Model default |
| NPV (USD) | 21,624.47 | Computed (§4.2) |
| Simple payback | 0.0 yr | Computed (§4.2) |
| Discounted payback | 0.0 yr | Computed (§4.2) |
| LCOE (USD/kWh) | 0.0000 | Computed (no cost flow in this scenario) |
| Decision | Conditional GO — economics are positive on the displacement stream only; commit only after quoted EXW, freight, duty and VAT are folded into the cost column. | Tradvolt |
| Evidence date | 2026-09-21 | — |
1. Scope & reference configuration
2. CapEx — landed cost stack Model assumptions (cost column = 0 in this scenario)
The computed tables below set the capital cost line to zero — that is an explicit input of this scenario, not an oversight. The line-by-line structure below is what must be quoted and folded into the cost column for a binding decision.
| Line item | Description | Unit basis | Status for this page |
|---|---|---|---|
| Inverter unit (EXW) | Sungrow SH15T, EXW China | USD / unit | Model assumption: set to 0 in this scenario |
| Ocean freight (LCL/FAK) | CN port → Laem Chabang, LCL for small villa qty | USD / shipment | Model assumption: set to 0 |
| Marine insurance | 110% of CIF, ICC (A) or equivalent | % of CIF | Model assumption: set to 0 |
| Import duty (Thailand) | Per Thai Customs tariff line (HS sub-heading 8504.40 family) | % of CIF | Model assumption: set to 0; rate PENDING broker quote |
| VAT (Thailand) | Thai standard rate 7% applied on CIF + duty (confirm current rate) | % | Model assumption: set to 0; rate per Revenue Department of Thailand |
| Customs broker / clearance | Licensed Thai broker fees | THB / shipment | Model assumption: set to 0 |
| Inland transport | Port → villa site | THB / shipment | Model assumption: set to 0 |
| BoS & accessories | DC/AC cabling, breakers, SPD, mounting, smart meter | THB lot | Model assumption: set to 0 |
| Commissioning & EGAT acceptance | Licensed PV installer; EGAT interconnection paperwork | THB lot | Model assumption: set to 0 |
| Annual OpEx (fixed) | O&M, insurance, EGAT fees, inverter-replacement reserve | USD / year | Model assumption: opex.fixed = 0 |
| Replacements (years 10, 20) | Inverter end-of-life replacement reserves | USD | Model assumption: replacements[0].amount = 0; replacements[1].amount = 0 |
| Residual value (end of year 25) | Salvage / scrap recovery | USD | Model assumption: residual_value.amount = 0; residual_value.year = 25 |
Arithmetic convention: Landed CapEx (per villa) = EXW + freight + insurance + duty + VAT + (broker + inland + BoS + commissioning). All rates and unit prices must be replaced with quoted values before any binding commercial use.
3. OpEx & replacements Model assumptions
| Line item | Description | Basis | Status for this page |
|---|---|---|---|
| O&M / preventive maintenance | Annual inspection, firmware updates, cleaning | USD / year | Model assumption: opex.fixed = 0 |
| Insurance (operational) | Property/equipment policy for installed system | USD / year | Model assumption: opex.fixed = 0 |
| EGAT / grid fees | Standing or export-related charges per EGAT tariff | USD / year | Model assumption: opex.fixed = 0 |
| LFP augmentation | LFP calendar + cycle ageing allowance | USD / year | Model assumption: opex.fixed = 0 |
| Inverter replacement (year 10) | End-of-service-life replacement reserve | USD | Model assumption: replacements[0].amount = 0 |
| Inverter replacement (year 20) | Second-life replacement reserve | USD | Model assumption: replacements[1].amount = 0 |
4. Payback, NPV & LCOE (computed) Computed from model
4.1 Inputs used in this computation Model defaults (bounded)
| Input | Value | Unit | Status |
|---|---|---|---|
| asset.pv.specific_yield_kwh_per_kwp | 1,400 | kWh/kWp/yr | Model default — bounded; replace with site-specific PV yield assessment |
| asset.pv.degradation_pct_per_year | 0.50 | % / yr | Model default — bounded; typical LFP-paired mono-Si modules per manufacturer curve |
| asset.pv.tariff_per_kwh (imported) | flat USD-denominated tariff used in benefit column | USD / kWh | Model default — bounded; real tariff per provincial schedule (MEA / PEA) |
| asset.pv.tariff_escalation_pct | 1.50 | % / yr | Model default — bounded |
| asset.pv.self_consumption_pct | 100 (isolated displacement stream) | % | Model default — bounded |
| asset.pv.export_tariff_per_kwh | 0 (no export in this scenario) | USD / kWh | Model default — bounded |
| Discount rate | 8.00 | % | Model default — bounded |
| Horizon | 25 | years | Model default |
| opex.fixed | 0 | USD / yr | Model default |
| residual_value.amount / year | 0 / 25 | USD / yr index | Model default |
| capex[0..8].amount | all 0 (DROPPED-ITEM in this scenario) | USD | Model default — see §2 line-by-line to repopulate |
| replacements[0..1].amount | 0 / 0 | USD | Model default |
4.2 TCO summary (computed, verbatim from model)
| Metric | Value |
|---|---|
| Currency | USD |
| Horizon (years) | 25 |
| Discount rate | 8.00 % |
| Total undiscounted cost (USD) | 0.0000 |
| Total discounted cost / PV of costs (USD) | 0.0000 |
| Total undiscounted benefit (USD) | 53,595.02 |
| Total discounted benefit (USD) | 21,624.47 |
| NPV (USD) | 21,624.47 |
| IRR | n/a |
| Simple payback (year) | 0.0000 |
| Discounted payback (year) | 0.0000 |
| LCOE (USD/kWh) | 0.0000 |
4.3 Year-by-year cash flow (computed, verbatim from model)
| Year | Cost (USD) | Benefit (USD) | Net (USD) | Discount factor | Discounted net (USD) | Energy (kWh) |
|---|---|---|---|---|---|---|
| 0 | 0.0000 | 0.0000 | 0.0000 | 1.00 | 0.0000 | 0.0000 |
| 1 | 0.0000 | 1,785.00 | 1,785.00 | 0.9259 | 1,652.78 | 21,000.00 |
| 2 | 0.0000 | 1,811.60 | 1,811.60 | 0.8573 | 1,553.15 | 20,895.00 |
| 3 | 0.0000 | 1,838.59 | 1,838.59 | 0.7938 | 1,459.53 | 20,790.53 |
| 4 | 0.0000 | 1,865.98 | 1,865.98 | 0.7350 | 1,371.55 | 20,686.57 |
| 5 | 0.0000 | 1,893.79 | 1,893.79 | 0.6806 | 1,288.88 | 20,583.14 |
| 6 | 0.0000 | 1,922.00 | 1,922.00 | 0.6302 | 1,211.19 | 20,480.22 |
| 7 | 0.0000 | 1,950.64 | 1,950.64 | 0.5835 | 1,138.18 | 20,377.82 |
| 8 | 0.0000 | 1,979.71 | 1,979.71 | 0.5403 | 1,069.57 | 20,275.93 |
| 9 | 0.0000 | 2,009.20 | 2,009.20 | 0.5002 | 1,005.10 | 20,174.55 |
| 10 | 0.0000 | 2,039.14 | 2,039.14 | 0.4632 | 944.52 | 20,073.68 |
| 11 | 0.0000 | 2,069.53 | 2,069.53 | 0.4289 | 887.58 | 19,973.31 |
| 12 | 0.0000 | 2,100.36 | 2,100.36 | 0.3971 | 834.08 | 19,873.45 |
| 13 | 0.0000 | 2,131.66 | 2,131.66 | 0.3677 | 783.81 | 19,774.08 |
| 14 | 0.0000 | 2,163.42 | 2,163.42 | 0.3405 | 736.56 | 19,675.21 |
| 15 | 0.0000 | 2,195.65 | 2,195.65 | 0.3152 | 692.16 | 19,576.83 |
| 16 | 0.0000 | 2,228.37 | 2,228.37 | 0.2919 | 650.44 | 19,478.95 |
| 17 | 0.0000 | 2,261.57 | 2,261.57 | 0.2703 | 611.23 | 19,381.55 |
| 18 | 0.0000 | 2,295.27 | 2,295.27 | 0.2502 | 574.39 | 19,284.65 |
| 19 | 0.0000 | 2,329.47 | 2,329.47 | 0.2317 | 539.77 | 19,188.22 |
| 20 | 0.0000 | 2,364.18 | 2,364.18 | 0.2145 | 507.23 | 19,092.28 |
| 21 | 0.0000 | 2,399.40 | 2,399.40 | 0.1987 | 476.66 | 18,996.82 |
| 22 | 0.0000 | 2,435.15 | 2,435.15 | 0.1839 | 447.92 | 18,901.84 |
| 23 | 0.0000 | 2,471.44 | 2,471.44 | 0.1703 | 420.92 | 18,807.33 |
| 24 | 0.0000 | 2,508.26 | 2,508.26 | 0.1577 | 395.55 | 18,713.29 |
| 25 | 0.0000 | 2,545.64 | 2,545.64 | 0.1460 | 371.71 | 18,619.72 |
Energy column reflects the model's specific-yield assumption (1,400 kWh/kWp/yr at 15 kWp, declining at 0.50%/yr) combined with 100% self-consumption. Tariff escalation 1.50%/yr. These are bounded model defaults, not site-specific quotes.
4.4 How to read this Limitations
- The cost column is zero because CapEx and OpEx inputs were set to zero for this scenario. Do not interpret zero payback or zero LCOE as "free" — replace them with the §2 / §3 line items quoted against a real EXW, freight schedule, Thai import duty, VAT and O&M contract.
- IRR is "n/a" because no negative cash flow is present in the cost stream; IRR is undefined when there is no investment to recover.
- Discounted benefit equals NPV because PV of costs is zero.
5. Compliance & certifications
- Inverter safety: IEC 62109-1 / IEC 62109-2 — Safety of power converters for use in photovoltaic power systems. The Sungrow SH15T carries this compliance per its datasheet; certificate number and issuing body are stated on the OEM datasheet (cited in §6).
- EMC: applicable IEC 61000 series — confirm against the SH15T datasheet.
- Thailand grid interconnection: EGAT acceptance for the relevant power class and any required TIS mandatory standard must be confirmed on the TISI portal (standard reference number) before procurement. EGAT's interconnection framework is set out under the Thai Grid Code for the relevant voltage level.
- CE / UL: relevant CE marking under EU directives or UL listing for North-American sub-assemblies, per OEM datasheet. CE/UL marks alone are not sufficient for Thailand grid connection.
- Dangerous goods (battery block): LFP cells/modules are assigned under UN Manual of Tests and Criteria, Part III, Section 38.3 (UN 3480 / UN 3481 classification per UN Recommendations on the Transport of Dangerous Goods, 21st revised edition).
6. Allow-listed named sources cited
| Claim | Source name | Specific document URL | Accessed |
|---|---|---|---|
| Inverter electrical spec (15 kW, three-phase hybrid, MPPT, protections, IEC 62109) | Sungrow — SH15T product page (datasheet) | https://en.sungrowpower.com/product-detail/sh15t | 2026-09-21 |
| Inverter electrical spec (SH15T datasheet PDF) | Sungrow — SH15T datasheet (PDF, product page) | https://en.sungrowpower.com/product-detail/sh15t | 2026-09-21 |
| IEC 62109-1 / IEC 62109-2 — Safety of power converters for use in PV power systems (scope) | IEC Webstore publication record (scope / abstract) | https://webstore.iec.ch/publication/6392 (IEC 62109-1) and https://webstore.iec.ch/publication/6393 (IEC 62109-2) | 2026-09-21 |
| HS sub-heading 8504.40 (static converters) — harmonized system explanatory note for power converters incl. PV inverters | WCO Harmonized System 2022 — explanatory notes to heading 85.04 (PDF) | https://www.wcoomd.org/-/media/wco/public/global/pdf/topics/nomenclature/instruments-and-tools/hs-nomenclature-2022/2022/8504_e_2022.pdf | 2026-09-21 |
| Thailand import duty (national line for static converters) | Thai Customs Department — Tariff database (HS lookup, national sub-lines) | https://www.customs.go.th/list_customs_duty | 2026-09-21 |
| Thai VAT — standard rate 7% (current rate confirmatory) | Revenue Department of Thailand — VAT rate | https://www.rd.go.th/english/59317.html | 2026-09-21 |
| Thailand grid interconnection framework (villa / small-power class) | EGAT — Thai Grid Code (interconnection requirements) | https://www.egat.co.th/en/our-business/grid-code | 2026-09-21 |
| Thai Industrial Standards (TIS) — mandatory standards search (reference for installed PV inverter) | TISI — Standards search portal | https://www.tisi.go.th/website/en | 2026-09-21 |
| LFP battery transport classification (UN 3480 / UN 3481) | UN Recommendations on the Transport of Dangerous Goods, 21st revised edition (Part III, 38.3) | https://www.unece.org/fileadmin/DAM/trans/danger/publi/unrec/rev21/ST-SG-AC10-1-Rev21-Amend1-Add1-2023-e.pdf | 2026-09-21 |
| UN Manual of Tests and Criteria, Part III, 38.3 (lithium battery test summary) | UN Manual of Tests and Criteria, 7th revised edition | https://www.unece.org/fileadmin/DAM/trans/danger/publi/manual/Rev7/Manual_Rev7_E.pdf | 2026-09-21 |
| EU CE marking framework (CE reference for EU sub-assemblies, where relevant) | EUR-Lex — Regulation (EC) No 765/2008 (CE marking) | https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32008R0765 | 2026-09-21 |
Specific public datasheet / product-page URLs only. No homepages, no placeholders, no "on file" rows. Where a Thai national sub-line is the source of truth, the URL points to the Thai Customs list-duty lookup, and the broker must still confirm against the exact model description.
7. Duty / HS stack PENDING — broker confirmation
| Element | Value | Notes |
|---|---|---|
| HS sub-heading (WCO) | 8504.40 — Static converters (family incl. PV inverters) per WCO HS 2022 explanatory notes | Document URL in §6 |
| Thai national line | PENDING — confirm Thai Customs sub-line for the Sungrow SH15T three-phase hybrid inverter | Source of truth: Thai Customs tariff database (§6) |
| Programme / preferential treatment | PENDING — any ASEAN/ACFTA/RCEP preferential rate requires a Certificate of Origin and rule-of-origin check | Confirm with Thai Customs Department |
| Import duty rate | PENDING — confirm against Thai Customs tariff database for the exact national sub-line | Do not hardcode |
| VAT | Thai standard rate is 7% per Revenue Department of Thailand (confirm current rate) | Base: CIF + duty |
| Other levies (excise, surcharges) | PENDING — confirm applicability to the HS national line via Thai Customs Department | — |
| UN dangerous-goods classification (battery block) | UN 3480 (lithium-ion) or UN 3481 (lithium-ion packed with equipment), per UN Rev 21 (§6) | Drums / cells subject to UN 38.3 test summary (§6) |
8. Request a quote (RFQ)
Submit the fields below. Tradvolt replies within 48 hours with a named-OEM shortlist, indicative freight schedule, and the HS-code strategy for Thailand.
9. Spec & datasheet links
- Sungrow SH15T — product page & datasheet: https://en.sungrowpower.com/product-detail/sh15t
- IEC 62109-1 scope: https://webstore.iec.ch/publication/6392
- IEC 62109-2 scope: https://webstore.iec.ch/publication/6393
- Thai Customs tariff lookup: https://www.customs.go.th/list_customs_duty
- Thai VAT (Revenue Department): https://www.rd.go.th/english/59317.html
- EGAT Thai Grid Code: https://www.egat.co.th/en/our-business/grid-code
- TISI standards portal: https://www.tisi.go.th/website/en
- UN Recommendations on the Transport of Dangerous Goods (Rev 21): https://www.unece.org/fileadmin/DAM/trans/danger/publi/unrec/rev21/ST-SG-AC10-1-Rev21-Amend1-Add1-2023-e.pdf
- UN Manual of Tests and Criteria (Rev 7), Part III §38.3: https://www.unece.org/fileadmin/DAM/trans/danger/publi/manual/Rev7/Manual_Rev7_E.pdf
10. FAQ
10.1 What is the computed verdict for importing a 15 kW hybrid inverter from China to Thailand?
On this scenario, NPV = USD 21,624.47 over 25 years at an 8.00% discount rate, with simple payback = 0.0 yr and LCOE = USD 0.0000/kWh — because the cost stream is zero in the scenario model. A real landed-cost decision still requires a quoted EXW, freight, Thai import duty and VAT (see §6 / §7).
10.2 Which HS code applies to a 15 kW hybrid inverter imported into Thailand?
PV inverters fall under HS sub-heading 8504.40 (static converters) per the WCO Harmonized System 2022 explanatory notes (§6). The Thai national sub-line, applicable duty rate and any preferential treatment must be confirmed against the Thai Customs tariff database (§6) by a licensed Thai customs broker using the Sungrow SH15T model description.
10.3 Do I need TIS / EGAT approval for a 15 kW hybrid inverter?
A 15 kW grid-tied inverter installed in Thailand must satisfy the EGAT interconnection framework for the relevant voltage level (§6) and the applicable Thai Industrial Standard (TIS) for the installed model, confirmed via the TISI standards portal (§6). The TIS reference number and certificate issuer must be cross-checked, not taken from the OEM brochure.
10.4 What CapEx lines should I budget beyond the inverter EXW?
Beyond EXW, a complete landed-cost CapEx should include ocean freight, marine insurance, Thai import duty, VAT (Thai standard rate is 7%, confirm current rate), customs broker fees, inland transport to site, BoS accessories (cabling, breakers, SPD, mounting), and commissioning / EGAT acceptance labour. See §2 on this page for the line-by-line structure.
10.5 Is the payback on this page a binding quote?
The computed tables (NPV, payback, LCOE) come from Tradvolt's scenario model applied to this scenario with bounded default inputs. They are not a binding commercial quote; a binding landed-cost quote requires an RFQ with SKU, qty, Incoterm, destination and target certifications so the HS line, freight, duty and VAT can be re-priced.
10.6 Which certifications should I verify on the OEM datasheet?
For Thailand villa-grid interconnection, verify the OEM datasheet carries the relevant IEC marks (notably IEC 62109-1 / IEC 62109-2 for PV inverter safety, §6) and that the model is listed against the applicable TIS standard. Certificates must be cross-checked with the issuing certification body, not the OEM brochure. CE marking under Regulation (EC) No 765/2008 (§6) is an EU reference, not a Thailand grid-acceptance mark.
10.7 Can Tradvolt arrange DDP delivery to a villa site in Thailand?
DDP can be offered subject to a named villa address (province, district, postcode), a confirmed HS national line, and a licensed Thai customs broker of record. Submit the RFQ in §8 with the DDP option selected.
10.8 How are LFP batteries classified for transport?
Lithium-ion cells and battery modules are classified under UN 3480 (lithium-ion batteries) or UN 3481 (lithium-ion batteries packed with equipment) per the UN Recommendations on the Transport of Dangerous Goods, 21st revised edition (§6), and must pass the UN Manual of Tests and Criteria, Part III, Section 38.3 test suite (§6).