SolarPanelROI

Calculate solar panel return on investment and payback period.

System Cost ($)

Federal Tax Credit (%)

State Tax Credit (%)

Annual Electric Bill ($)

Solar Coverage (%)

System Life (years)

Annual Degradation (%)

Electricity Inflation (%)

Net Cost

$14,000

Annual Savings

$2,618

Lifetime Savings

$65,456

ROI

367.5%

Payback Period

7.6 years

About This Tool

Calculate solar panel return on investment and payback period.