At its simplest here s how to calculate your return on investment into solar.
Calculate return on investment solar panels.
Solar payback period initial net investment yearly benefit.
Lifetime cost of electricity from utility lifetime cost of solar solar 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.
The key results can be found on the first tab results.
Luckily the initial cost of installing a solar roof is dropping continuously.
Calculate your solar panel payback period and return on investment roi.
The lifetime cost of solar includes.
Pvcalc allows you to calculate the roi of pv solar energy projects viewed as financial investments.
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.
The results are presented graphically divided into four sub categories.
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.
There are two main reasons why.