An economic analysis of Solar PV Micro-Utility in rural areas of Bangladesh

Solar PV Micro-Utility is the concept of Solar PV extension where power rather than the solar electric systems are offered to the rural poor. In this system, one will never be the owner of the system, but one can use the Solar PV system by paying a daily tariff. Several rural markets have already been electrified through Solar PV under the concept of PV Micro-Utility by Centre for Mass Education in Science (CMES), a national NGO in Bangladesh. This paper deals with economic analysis (Net present value, Benefit cost ratio, Internal rate of return, Discounted pay back period) of Solar PV Micro-utility of Manikgang Bazaar which is located approximately 400 Km north to Dhaka, the capital of Bangladesh.