Solar payback period initial net investment yearly benefit.
Calculate return on investment solar panels.
Pvcalc allows you to calculate the roi of pv solar energy projects viewed as financial investments.
There are two main reasons why.
Calculate your solar panel payback period and return on investment roi.
In short roi 100 energy savings in 25 years cost of solar panels cost of solar panels.
The lifetime cost of solar includes.
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.
The results are presented graphically divided into four sub categories.
Incentives rebates federal tax credit applies to all above line items.
Today some homeowners even argue that installing solar panels on their roof is a long term investment with strong rates of return.
After entering the installation data press calculate.
Luckily the initial cost of installing a solar roof is dropping continuously.
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 key results can be found on the first tab results.