Solar Panel Payback Calculator

Calculate the break-even timeline for solar panel installation based on system cost, energy production, electricity rates, and incentives.

Total System Cost ($)

Annual Production (kWh)

Electricity Rate ($/kWh)

Tax Credit / Incentive (%)

Formula

Net Cost = System Cost x (1 - Incentive%); Payback Years = Net Cost / (Annual kWh x Rate); 20-Year Savings = (Annual Savings x 20) - Net Cost

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