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.
Calculate return on investment solar panels.
Pvcalc allows you to calculate the roi of pv solar energy projects viewed as financial investments.
Incentives rebates federal tax credit applies to all above line items.
If this is for net metering purposes you will likely get a net metering contract that will have the rate and amount of production.
There are two main reasons why.
The key results can be found on the first tab results.
The results are presented graphically divided into four sub categories.
Solar payback period initial net investment yearly benefit.
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.
Lifetime cost of electricity from utility lifetime cost of solar solar roi.
Today some homeowners even argue that installing solar panels on their roof is a long term investment with strong rates of return.
At its simplest here s how to calculate your return on investment into solar.
After entering the installation data press calculate.