International Electrotechnical Commission
Glossary

ENturnkey price 
price of an installed PV system including installation costs, but excluding sales taxes, operation and maintenance costs

NOTE 1 For an off-grid stand-alone PV system, the costs associated with storage battery maintenance and replacement are excluded from the turnkey price.

NOTE 2 If additional costs are incurred for reasons not directly related to the system, these are excluded (e.g., if extra costs are incurred fitting PV modules to a factory roof because special precautions are required to avoid disrupting production, these extra costs are not included. Equally, the additional transport costs of installing a telecommunication system in a remote area are not included).


TC/SC:82Terms     Info     Publications
Published in:IEC 61836, ed. 2.0 (2007-12) Terms     Info
Reference number:3.9.1

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