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Solar Payback Calculator

Estimate simple solar payback from system cost, incentives, generation, and rates.

v1.0.0
Net cost$9000
Annual savings$810
Simple payback11.11 years
Self-consumed5600 kWh/year
Exported1400 kWh/year

Formula

net_cost = system_cost - incentives
annual_savings = self_consumed_kwh * electricity_rate + exported_kwh * export_rate - annual_om_cost
simple_payback_years = net_cost / annual_savings

Assumptions

  • Inputs are user-provided.
  • Results are preliminary estimates.
  • Electricity and export rates stay constant.

Limitations

  • This is not investment advice and does not model financing, inflation, degradation, or taxes.

Methodology

Simple payback divides net cost by annual savings.

This calculator provides an estimate for informational purposes only. It is not a certified engineering design, electrical safety approval, or professional installation recommendation. Always verify final decisions with a qualified professional and applicable local codes.