The application of a building-integrated photovoltaic (BIPV) module to an elevation means that the factors causing performance losses in a BIPV are relatively high compared to a photovoltaic (PV) that is installed at the optimal angle. Therefore, it is essential to evaluate the performance loss factors of BIPV and to examine the characteristics of each performance loss factor. Measured data were used to analyze the performance and loss factors (module temperature, dust and soiling, power conditioning system (PCS) standby mode, direct current–alternating current (DC-AC) conversion loss). A performance ratio of International Electrotechnical Commission (IEC) 61724 was used to power the generation performance analysis. The impact analysis of each loss factor is analyzed by using difference of the power generation, the module efficiency, irradiation, and the performance ratio according to the existence of a loss factor. The performance ratio analysis result of this BIPV system shows a range of 66.8–69.5%. The range of performance loss due to each loss factor was as follows; module temperature: 2.2–6.0%, dust and soiling: 2.2–23.1%, PCS standby loss: 4.9–15.7%, DC–AC conversion loss: 4.1–8.0%. Because the effects of the loss factors are different depending on the installation conditions, the performance loss of the system should be minimized by taking this into consideration in the design stage in the BIPV.