Calculate Return On Investment 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.

Calculate return on investment solar panels.

Lifetime cost of electricity from utility lifetime cost of solar solar roi. If this is for net metering purposes you will likely get a net metering contract that will have the rate and amount of production. The results are presented graphically divided into four sub categories. Calculate your solar panel payback period and return on investment roi.

Solar payback period initial net investment yearly benefit. The lifetime cost of solar includes. In short roi 100 energy savings in 25 years cost of solar panels cost of solar panels. There are two main reasons why.

After entering the installation data press calculate. The key results can be found on the first tab results. 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. At its simplest here s how to calculate your return on investment into solar.

Luckily the initial cost of installing a solar roof is dropping continuously.