Solar power return on investment calculator

How do you calculate solar Roi?

To get technical, you could also use a standard ROI formula (net return on investment / the cost of the original investment x 100%) to put a number on it. Here, the net return on the investment could be considered $20,000 ($36,000 in value, less $16,000), which divided by $16,000 and multiplied by 100% would equal a solar ROI of 125%.

How much is a solar return on investment?

Here, the net return on the investment could be considered $20,000 ($36,000 in value, less $16,000), which divided by $16,000 and multiplied by 100% would equal a solar ROI of 125%. Although we have just illustrated how to calculate your solar ROI, this formula should always be taken with a grain of salt.

What is the ROI of a solar panel system?

ROI means return on investments. It is a proportion of how the expense of something looks to the pay it produces (or, at times, the savings it makes). Return for capital invested is constantly expressed as a rate of the underlying expense of the venture.

What is a solar panel calculator?

Solar Choice has developed a solar panel calculator which will help you understand the payback and return on investment of going solar.

How to use solar Roi and Payback calculator in Excel?

To use the solar ROI and payback calculator in Excel, first input your system size in the project details section of the inputs tab. Then, input the revenue assumed on the inputs tab of the project finance model for solar. Additionally, input the PPA rate of power.

How to maximize your solar ROI?

To maximize your return on investment (ROI) in solar, you should aim to build the project at the lowest cost and achieve the maximum output. Use the goal seek or solver function to find a practical assumption for a pre-determined payback period relative to the project installation costs.