The solar savings calculator projects the financial benefits of solar panels including payback period and long-term savings after accounting for system costs and incentives.
Enter system cost, current monthly electric bill, percent offset by solar, and available incentives (federal tax credit is 30%). The calculator shows savings and payback timeline.
Solar panels typically last 25+ years. While initial costs are high, long-term savings can be substantial, especially with rising electricity rates.
Quick Tips
- Bookmark your most-used calculators for quick access
- All calculations run locally in your browser
- Share results easily with the copy button
Frequently Asked Questions
6-12 years is typical and considered good given 25+ year lifespan.
Federal 30% tax credit, plus state/local rebates; check DSIRE database.
Yes, typically $15,000-$20,000 for average system.
Minimal; occasional cleaning, inverter replacement after 10-15 years.
Likely; electricity rates historically rise 2-3% annually.