Low concentrating photovoltaic technologies (LCPV) for building application offer viable solutions in improving the conversion efficiency of solar cells leading to an improved electrical output per unit cell area required when compared to conventional solar photovoltaic modules. The current study explores the feasibility of different geometrically equivalent LCPVs designed for building application through indoor experimental characterisation and analytical investigations. LCPV concentrator geometries were designed and simulated to predict optical efficiency at various truncation levels and range of angles of incidence using ray trace module in COMSOL Multiphysics version 5.3. The geometric concentration ratios of LCPVs investigated Compound Parabolic Concentrator (CPC), V-Trough and Asymmetric Compound Parabolic Concentrator (ACPC) with geometric concentration ratios of 1.46, 1.40, and 1.53 respectively. These prototypes were manufactured and their electrical conversion efficiency in conjunction with crystalline silicon (c-Si) solar photovoltaic cells were measured using OAI Trisol Class AAA solar simulator. Analytical model developed in the present study predicts the annual energy output generated and payback period for the LCPVs compared to an equivalent area of conventional flat module. Theoretical modeling results have showed that Asymmetric Compound Parabolic Concentrator (ACPC) with mono-crystalline silicon cells (m-Si) have generated highest energy output per unit area of 177 kWh/m2 as compared to the other configurations which make it economically viable for building retrofit with a predicted payback period of 9.7 years.