Calculate Roi Solar Panels

Subtract the value of up front incentives and rebates from the gross cost of your solar panel system.

Calculate roi solar panels.

Lifetime cost of electricity from utility lifetime cost of solar solar roi. Use this solar panel calculator to quickly estimate your solar potential and savings by address. Sum up your annual financial benefits including avoided electricity costs and any. The key results can be found on the first tab results.

Take the following steps to calculate your payback period. Incentives rebates federal tax credit applies to all above line items. And that s only after 3 5 years. After entering the installation data press calculate.

We ve designed our solar roi calculator to be simple to use with accurate answers so you know exactly what you re in for. The key is to see solar as a long term investment and that when it comes to panels inverters batteries and all the other bits and bobs the saying you get what you pay for is bang on. There are a ton of ways to make money with solar today. Solar energy will always be location dependent.

We ll measure roi over the panel s lifetime. 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. Thanks to a variety of structures you can participate in solar energy without having it on your roof. As the industry standard performance guarantee is 25 years that s the timeframe we ll use.

Estimates are based on your roof electricity bill and actual offers in your area. 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. An average solar panel system though provides an average return of twenty eight percent. We will not sell trade or rent your personal information to others without your permission.

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. The lifetime cost of solar includes. The results are presented graphically divided into four sub categories.

Here is a great return on investment comparison from sunpower. So for solar panels then how do we define roi. In short roi 100 energy savings in 25 years cost of solar panels cost of solar panels. An easy way to determine your payback.

Solar return on investment calculator. Return on investment calculator.