In this study, the transient behavior of a concentrated photovoltaic thermal (CPV/T) system is assessed using one-dimensional mathematical model. The model is based on the heat balance of the concentrated photovoltaic (CPV) solar cells, receiver pipe, thermal fluid, insulation, and the storage tank attached to PV/T system via insulated pipes. The mathematical model was developed and solved using ordinary differential equation solvers in MATLAB ® computer program. The interdependence thermo-electric dynamic responses of the CPV/T system were modeled and analyzed by considering two cases such as with and without glass enclosure around the receiver. The electrical and thermal efficiencies are evaluated as the function of enclosure effect, beam solar radiation, and circulating fluid flow rate. For the purpose of model validation, experimental measurements of the CPV/T system were performed. Satisfactory agreements were found between the experimental data and the predicted results. The developed dynamic model is most suitable to predict and evaluate the performance of a point-focused CPV/T system.