I've been modeling solar thermal and later PV systems for going on a half century as more than a hobby, but less than a job.
There are a lot of models out there. I had a minor hand in creating a couple of them. PVWatts is good for preliminary design of residential PV systems. It's easy to learn, and if used correctly, produces results that are probably as realistic as any and somewhat flexible in how it can be manipulated to do stuff the designers may not have had in mind. The drawback is it doesn't do any shade analysis and a couple of other things.
I'd encourage you to get familiar with the model. Do so by reading ALL the info and help screens a couple of times before doing any inputs.
Also, and to your question, many users find a system loss parameter closer to 10 % produces model output that seems to get closer to actual long term system output than the 14 % default.
Also, unless you learn and do your own modeling, you won't be at the mercy of some peddler who has a vested interest in manipulating models (and they all can be manipulated) in ways that will cause the models to produce less close to probable long term average output. Reason: That way, they can more easily justify what's actually an oversized system.
If you really want a deep dive into PV system modeling and have some engineering background, you might want to look at something else from NREL called "SAM". It's kind of like PVWatts on steroids. It's free but not for the faint of heart.
For most folks however, PVWatts produces reliable and understandable results in a reasonable amount of time and for not much hassle that are fit for purpose without the need for an engineering degree.
Also, while you're at it, and before you spend dime one, download a free PDF of "Solar Power Your Home for Dummies". It'll fill in a lot of info spaces for you.
There are a lot of models out there. I had a minor hand in creating a couple of them. PVWatts is good for preliminary design of residential PV systems. It's easy to learn, and if used correctly, produces results that are probably as realistic as any and somewhat flexible in how it can be manipulated to do stuff the designers may not have had in mind. The drawback is it doesn't do any shade analysis and a couple of other things.
I'd encourage you to get familiar with the model. Do so by reading ALL the info and help screens a couple of times before doing any inputs.
Also, and to your question, many users find a system loss parameter closer to 10 % produces model output that seems to get closer to actual long term system output than the 14 % default.
Also, unless you learn and do your own modeling, you won't be at the mercy of some peddler who has a vested interest in manipulating models (and they all can be manipulated) in ways that will cause the models to produce less close to probable long term average output. Reason: That way, they can more easily justify what's actually an oversized system.
If you really want a deep dive into PV system modeling and have some engineering background, you might want to look at something else from NREL called "SAM". It's kind of like PVWatts on steroids. It's free but not for the faint of heart.
For most folks however, PVWatts produces reliable and understandable results in a reasonable amount of time and for not much hassle that are fit for purpose without the need for an engineering degree.
Also, while you're at it, and before you spend dime one, download a free PDF of "Solar Power Your Home for Dummies". It'll fill in a lot of info spaces for you.
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