Calculate Energy Savings From Solar Panels

See how long it will take for a solar system to pay for itself.

Calculate energy savings from solar panels.

Savings with a solar energy system for this scenario we assumed a monthly electric bill of 100 and an annual electricity rate increase of three percent. This analyzed information is then combined to create an estimate for how much power a user could produce and can save with solar. Upon entering an address the tool analyzes factors such as shade roof orientation and local weather patterns to calculate how many hours of sunlight hit that roof in a typical year. 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.

At a minimum simply enter your postcode and the solar system size you are considering into the calculator. Use this solar panel calculator to quickly estimate your solar potential and savings by address. Estimates are based on your roof electricity bill and actual offers in your area. We will not sell trade or rent your personal information to others without your permission.

Solar savings payback calculator. The net installation cost equals the total cost of going solar minus the 30 percent federal tax credit for solar.