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Solar Panel ROI Calculator
Calculate the return on investment, payback period, and lifetime savings of installing solar panels on your home.
Solar is a great investment when
- Your electricity rate is $0.12+/kWh
- You get 4+ hours of daily peak sunlight
- You plan to stay in your home 7+ years
- Your roof is south-facing and unshaded
- State incentives stack with the federal credit
Solar may not be worth it when
- Your electricity rate is very low ($0.06/kWh)
- Your roof needs replacement within 5 years
- You are in a heavily shaded location
- You plan to move within 3 years
- Your state has no net metering policy
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