The new course of FITs mechanism for PV systems in Italy: novelties, strong points and criticalities

The paper deals with the new course of the Feed-in Tariffs mechanism for photovoltaic systems that will start from January 1, 2011 in Italy with the actuation of the Government Decree DM 06/08/2010. After a short introduction on Feed-in Tariffs and Net-metering in Italy, the paper focuses the attention on an economical comparison between the incentives established by the Government Decree DM 19/02/07, ended on December 31, 2010 and those introduced by the DM 06/08/2010. The economical comparison is based on three indexes: the Pay Back Period, the Net Present Value and the Internal Rate of Return, characterizing the investments done for the realization of the photovoltaic systems