Photovoltaic system to microgeneration and photovoltaic systems, and the US UL4703 standard, in subject 4703 ""Photovoltaic Wire"". A solar tracking system tilts a solar panel throughout the day. Depending on the type of tracking system, the panel is either aimed directly at the sun or the brightest area of a partly clouded sky. Trackers greatly enhance early morning and late afternoon performance, increasing the total amount of power produced by a system by about 20–25% for a single axis tracker and about 30% or more for a dual axis tracker, depending on latitude. Trackers are effective in regions that receive a large
Photovoltaic power station cost of energy from solar parks, historically more expensive, matches the cost of traditional electricity generation. This point is commonly referred to as grid parity. For merchant solar power stations, where the electricity is being sold into the electricity transmission network, the levelised cost of solar energy will need to match the wholesale electricity price. This point is sometimes called 'wholesale grid parity' or 'busbar parity'. Some photovoltaic systems, such as rooftop installations, can supply power directly to an electricity user. In these cases, the installation can be competitive when the output cost matches the price at which the user