The LCOE of a 1 MW station is around $0.20/kWh. The CBA showed that when the value of saved energy resources used in producing traditional electricity (0.09 $/kWh), and the cost of CO2 emissions (0.02 $/kWh) are accounted for the true economic cost of LCOE of a PV system will decline significantly (0.17–0.05 $/kWh)