The aim of this study is to develop the photovoltaic simulation program, called SimPV, which can Predict hourly based power generation of various PV modules and conduct an intensive economic analysis with Korean situation. To establish the reliability of the PV simulation results, we adopt the PV calculation algorithm of TRNSYS program of which verification has already well approved. Extensive database for hourly weather data of Korean 16 cities, engineering data for PV system and building load profiles are established. Case study on the 2.5kW roof integrated PV system and economic analysis are presented with the developed program.