Calculate Electricity Savings Solar Panels

Solar savings payback calculator.

Calculate electricity savings solar panels.

Calculating how much money solar panels will save you requires knowledge of your power usage local electricity rates estimated solar production and any federal state and local solar incentives such as the 26 federal solar tax credit that affects the upfront cost of a solar system where you live. Use the solar energy calculator for an idea as to the benefits you may see from installing a solar pv system. See how long it will take for a solar system to pay for itself. Estimates are based on your roof electricity bill and actual offers in your area.

Use this solar panel calculator to quickly estimate your solar potential and savings by address. Soon you ll just glance to see how much electricity your solar panels are producing and how much your household is using. Solar panels can create big savings. You will receive a feed in tariff for each kilowatt hour you export but it is only roughly 40 of what you pay for electricity.

Ultimately regardless of whether you re looking at finances or carbon emissions a solar panel system will generate big savings for homeowners. You can leave all the other inputs as their default values and hit calculate. After installing solar feel good supporting a sustainable clean environment by comparing your previous year s electric bill with your new solar panel bill for the same month. The calculator also allows you to compare a high quality photovoltaic pv system with a lower priced solar system and see the difference in payback time.

Energy efficiency helps you save money and protect against rising utility costs however your long term energy efficiency savings depends on a few major factors including your property s current efficiency your electricity rates and the financial incentives available in your area. Factor this in mind when using the calculator the higher the percentage of electricity you use during the day the higher your solar savings will be. As the first data table illustrates 20 year electricity savings from solar can be significant ranging from the low end of 10k to almost 30k. At a minimum simply enter your postcode and the solar system size you are considering into the calculator.

Then enter your typical annual electricity bill a guess is fine.