The current study is an economic evaluation and feasibility study of hybrid microgrid Net Zero Energy Buildings in Pakistan. A Net Zero Energy approach is proposed for a two-story hospital building situated in Taxila, Pakistan. Consequently, to design a hybrid Net Zero Energy Building, the solar radiation potential of the subject location and electricity usage of the hospital are estimated. The proposed hybrid microgrid Net Zero Energy Building comprises photovoltaic modules and converters. However, the thermal load is computed as a grid-connected hybrid system. Economic evaluation is performed by using economic indicators of the net present cost and the payback period. Also, initial and operational costs are determined, to determine the profitability of the project. Results show that the analysis is a cost-effective approach and has a payback period of 2.53y. Additionally, the per-unit cost of electricity is reduced to 0.12 USD/kWh. Moreover, the energy produced by a hybrid system
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