This paper describes the installation, technical characteristics, operation and economic evaluation of a grid-connected building-integrated photovoltaic system (BIPV) installed in Northern Greece, and in particular in the city of Kastoria. The technical and economical factors are examined using a computerized renewable energy technologies (RETs) assessment tool. A number of different economic and financial feasibility indices are calculated for different financing scenarios in order to assess the gross return of the investment. Useful conclusions were drawn regarding the feasibility of BIPV systems and their potential for increased energy market penetration. (C) 2002 Published by Elsevier Science B.V.