Calculate Return On Investment Solar Panels

Lifetime cost of electricity from utility lifetime cost of solar solar roi.

Calculate return on investment solar panels. If this is for net metering purposes you will likely get a net metering contract that will have the rate and amount of production. At its simplest here s how to calculate your return on investment into solar. Incentives rebates federal tax credit applies to all above line items. Calculate your solar panel payback period and return on investment roi.

There are two main reasons why. The lifetime cost of solar includes. Luckily the initial cost of installing a solar roof is dropping continuously. Today some homeowners even argue that installing solar panels on their roof is a long term investment with strong rates of return.

Pvcalc allows you to calculate the roi of pv solar energy projects viewed as financial investments. In short roi 100 energy savings in 25 years cost of solar panels cost of solar panels. The key results can be found on the first tab results. 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.

The results are presented graphically divided into four sub categories.