A computer software application was developed to simulate hourly energy flow of a grid connected photovoltaic system. This software application enables conducting an operational evaluation of a studied photovoltaic system in terms of energy exchange with the electrical grid. The system model consists of a photovoltaic array, a converter and an optional generic energy storage component that supports scheduled charging/discharging. In addition to system design parameters, the software uses hourly solar data and hourly load data to determine the amount of energy exchanged with electrical grid for each hour of the simulated year. The resulting information is useful in assessing the impact of the system on demand for electrical energy of a building that uses it. The software also aggregates these hourly results in daily, monthly and full year sums. The software finds the financial benefit of the system as the difference in grid electrical energy cost between two simultaneously considered cases. One is with load supplied only by the electrical grid, while the other is with the photovoltaic system present and contributing energy. The software supports the energy pricing scheme used in Jordan for domestic consumers, which is based on slices of monthly consumption. By projecting the yearly financial results on the system lifetime, the application weighs the financial benefit resulting from using the system against its cost, thus facilitating an economical evaluation. (C) 2009 Elsevier Ltd. All rights reserved.