Calculate Return On Investment Solar Panels

After entering the installation data press calculate.

Calculate return on investment solar panels.

If you are using this to find your return on investment for a straight cash purchase of a solar panel and are eliminating your power consumption you will want to input your current rate of power. If this is for net metering purposes you will likely get a net metering contract that will have the rate and amount of production. Today some homeowners even argue that installing solar panels on their roof is a long term investment with strong rates of return. At its simplest here s how to calculate your return on investment into solar.

The lifetime cost of solar includes. Incentives rebates federal tax credit applies to all above line items. The results are presented graphically divided into four sub categories. Pvcalc allows you to calculate the roi of pv solar energy projects viewed as financial investments.

Luckily the initial cost of installing a solar roof is dropping continuously. Calculate your solar panel payback period and return on investment roi. Solar payback period initial net investment yearly benefit. In short roi 100 energy savings in 25 years cost of solar panels cost of solar panels.

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.