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.

Calculate return on investment solar panels. 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. Lifetime cost of electricity from utility lifetime cost of solar solar roi. At its simplest here s how to calculate your return on investment into solar.

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. After entering the installation data press calculate. Solar payback period initial net investment yearly benefit. The lifetime cost of solar includes.

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. Today some homeowners even argue that installing solar panels on their roof is a long term investment with strong rates of return. Luckily the initial cost of installing a solar roof is dropping continuously. The results are presented graphically divided into four sub categories.

There are two main reasons why.