Abstract:In this paper, taking northern Shanxi family distributed 5kW PV power generation project investment as an example, first of all to encourage and support policy, subsidy policy and the policy analysis of photovoltaic grid connected, the national planning and application in Shaanxi Province, then discusses the composition of 5kW distributed photovoltaic power generation system, calculate and its generating capacity, on the basis of this, the construction of the system of investment cost and cash flow, the calculation of the final, using sensitivity analysis method, the influence of focus on the initial cost and other 3 kinds of variables on the net present value of investment. Northern Shaanxi area in this paper distributed photovoltaic power plant investment advice.