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  5. LCOE (Levelized Cost of Electricity)

LCOE (Levelized Cost of Electricity)

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Total cost of electricity generation per kWh over the system lifetime.

LCOE indicates the cost of each kWh generated over the entire system lifetime, including investment, operating, and financing costs. For Agri-PV, LCOE is typically 10–20% higher than standard ground-mounted PV due to more expensive mounting structures.

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