Calculate Return On Investment Solar Panels

Today some homeowners even argue that installing solar panels on their roof is a long term investment with strong rates of return.

Calculate return on investment solar panels.

Luckily the initial cost of installing a solar roof is dropping continuously. Incentives rebates federal tax credit applies to all above line items. The results are presented graphically divided into four sub categories. Calculate your solar panel payback period and return on investment roi.

After entering the installation data press calculate. In short roi 100 energy savings in 25 years cost of solar panels cost of 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. 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.

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. There are two main reasons why. Lifetime cost of electricity from utility lifetime cost of solar solar roi.

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.