Calculate Roi Solar Panels

After entering the installation data press calculate.

Calculate roi solar panels.

For example installing a 5 kilowatt system could result in lifetime savings of 38 000 in oregon or more than 70 000 in california. Solar income roi calculator. In short roi 100 energy savings in 25 years cost of solar panels cost of solar panels. There are a ton of ways to make money with solar today.

As the industry standard performance guarantee is 25 years that s the timeframe we ll use. Regardless of individual circumstances however the savings are significant. With this calculator you can estimate the income cost of a new system and also compare it to an existing older solar system to see if it s worthwhile to upgrade. Lifetime cost of electricity from utility lifetime cost of solar solar roi.

Solar energy will always be location dependent. The results are presented graphically divided into four sub categories. For example if your installed solar panel costs were 15 000 and your yearly benefit was 3 000 your payback period would be 5 years. Subtract the value of up front incentives and rebates from the gross cost of your solar panel system.

So for solar panels then how do we define roi. We ll measure roi over the panel s lifetime. Solar return on investment calculator. An easy way to determine your payback.

Depending on the size of your solar energy system these can represent a significant monetary benefit. Calculate your solar panel payback period and return on investment roi. We ve designed our solar roi calculator to be simple to use with accurate answers so you know exactly what you re in for. Every person s situation is slightly different and predicting the 10 year benefit of your roof s solar panels can be quite difficult without any guidance.

Thanks to a variety of structures you can participate in solar energy without having it on your roof. This might seem obvious but calculating the roi of solar panels isn t always as simple as it seems. Pvcalc allows you to calculate the roi of pv solar energy projects viewed as financial investments. At its simplest here s how to calculate your return on investment into solar.

Solar payback period initial net investment yearly benefit. A typical 5 kw solar pv system can easily see an roi of 20 in the first year. Take the following steps to calculate your payback period. Return on investment calculator.

The lifetime cost of solar includes. Incentives rebates federal tax credit applies to all above line items.