Yes, you may use HOMER Grid software to undertake an economic analysis of solar PV systems connected with a smart grid. Powerful software called HOMER Grid is made specifically for examining and improving the layout and functioning of distributed energy systems that are connected to the grid. You can analyze the economic viability of different system configurations, including solar PV systems, by modeling and simulating them.

With HOMER Grid, you can simulate and optimize the performance of your system by entering data such as solar resource availability, power demand profiles, appliance scheduling, and grid price. The software determines the ideal configuration and performance of your solar PV system based on variables including system sizing, component selection, dispatch techniques, and grid interactions.

Yes, it is possible to perform economic evaluation of solar PV systems integrated with smart grid using HOMER Grid software. HOMER Grid is a software that models and optimizes the design of hybrid renewable energy systems, including solar PV, wind, and battery storage, as well as their integration with the grid.

HOMER Grid's optimization feature allows users to model different scheduling strategies for appliances, taking into account factors such as load profile, electricity rates, and battery storage capacity. It generates an optimal system design and operation strategy that minimizes the overall system cost, including the cost of the renewable energy system, electricity purchases, and maintenance.

The software also provides a detailed economic analysis of the hybrid renewable energy system, including the levelized cost of energy (LCOE), net present value (NPV), and return on investment (ROI). This allows users to evaluate the economic feasibility of the system and its potential for cost savings over time.