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