Solar Panel Investment Calculator

The solar electricity calculator considers an investment in a domestic solar pv system and estimates a the average annual electricity bill savings and b the no.

Solar panel investment calculator.

Improved shade analysis powered by google sunroof data all estimates consider the shading and irradiance levels of every roof plane with the panel placement optimized for the most. There are two main reasons why. We ve designed our solar roi calculator to be simple to use with accurate answers so you know exactly what you re in for. With this calculator you can estimate the income cost of a new system and also compare it to an existing older solar system to see if it s worthwhile to upgrade.

Calculating the irr for commercial solar installations depends on many factors including how you finance it. Increased utility electricity rates and lower equipment costs are making it easier and less expensive to for homeowners to own rather than lease their solar panel systems. The key is to see solar as a long term investment and that when it comes to panels inverters batteries and all the other bits and bobs the saying you get what you pay for is bang on. Results effect of leverage effect of irradiation and panel price effect of inflation.

Using our tool we factor in. The results are presented graphically divided into four sub categories. Today some homeowners even argue that installing solar panels on their roof is a long term investment with strong rates of return. To figure out payback period without the solar panel cost calculator we first calculate the true cost of installing solar after incentives have been claimed then we compare that against the cost of electricity from the utility company which tells us how long it takes to break even on the system.

Conclusion on solar payback calculator. Finally on the inputs tab you will see both a pre tax and after tax calculation of the internal rate of return irr on the investment of putting in solar. Our solar payback and roi calculator will help you make conscious decisions about your switch to a more environmentally friendly way to consume power. For a loan data will include the net cost of the system after upfront rebates and tax incentives the amount of debt interest rate on debt debt term projected annual cash flow from utility savings and any pre tax performance based incentives as well as o m costs.

Pvcalc allows you to calculate the roi of pv solar energy projects viewed as financial investments. Solar income roi calculator. Of years taken for these savings to accrue to the value of the initial investment i e.