A photovoltaic thermal (PVT) collector is a type of solar collector that can simultaneously produce electrical and thermal energy from solar energy. In this research, the daily and annual performances of an air-cooled PVT collector with triangle-shaped obstacles were investigated and compared with those of a conventional air-cooled PVT collector. Based on the thermal circuit model, a numerical model of the air-cooled PVT collector containing triangle-shaped obstacles has been developed and validated using experimental results. A typical meteorological year’s weather data from Ulsan, Korea was used as the weather data. From the results, it was seen that the daily average thermal, electrical, and overall energy and exergy efficiencies for the PVT collector with triangle-shaped obstacles were 24.73%, 15.59%, 62.83%, and 15.57%, respectively, while those values of conventional PVT collector were 17.08%, 15.30%, 54.47%, and 15.13%, respectively. The results also showed that the annual energy and exergy outputs of the PVT collector with triangle-shaped obstacles were 12.84% and 1.98% greater than those of the conventional air-cooled PVT collector. From these results, it was clearly confirmed that the triangle-shaped obstacles can enhance the energy and exergy outputs of the air-cooled PVT collector.