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BombersFM

Solar Panel Savings Calculator

Estimate payback period, lifetime savings, and CO₂ avoided for a home solar panel system.

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$
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%
years

Payback period (years)

7.41

Breakdown

Savings per year
1,620
Net lifetime savings
28,500
Electricity generated (kWh/yr)
10,800
CO₂ avoided per year (kg)
4,320
Return on investment (%)
237.50

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FAQ

What is a typical solar payback period?

Most home systems pay for themselves in 6 to 12 years depending on local sunshine, electricity prices, and incentives. After that, the remaining 15+ years of output are essentially free power.

Why enter cost after incentives?

Tax credits, rebates, and feed-in tariffs can cut the sticker price by a third or more. Entering the net figure keeps the payback math honest for your actual situation.

Do panels degrade over time?

Yes — output drops roughly 0.5 percent per year, so a 25-year-old system still produces around 88 percent of its day-one power. This estimate uses a flat savings figure, which is a fair mid-point.

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