Solar Panel Savings Calculator
Calculate solar panel savings, payback period, and return on investment. Includes federal tax credits, production estimates, and 25-year projections.
Inputs
$
$/kWh
kW
$
hrs
Results
Net System Cost
$12,600
Tax Credit Savings$5,400
First Year Savings$1,025
Monthly Savings$85
Payback Period11 years
25-Year Gross Savings$34,941
25-Year Net Profit$22,341
Annual Production7,884 kWh
Bill Coverage57%
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Formula
Annual Production = System Size × Sun Hours × 365 × 0.8 (efficiency). Savings = Production × Rate. Payback = Net Cost ÷ Annual Savings.Related Calculators
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