Your Investment Overview
Payback Period
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25-Year Savings
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First Year Savings
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Estimate your solar panel investment's payback period, total savings, and return on investment with our free, interactive tool.
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The calculator estimates the time it takes for the savings from your solar panel system to equal the initial investment. It considers your system cost, electricity usage, local energy prices, and available incentives to project your annual savings and cumulative return over 25 years. Learn more about calculating solar ROI.
A good payback period for solar panels is typically between 5 to 10 years. However, this can vary significantly based on your location, electricity rates, government subsidies, and the total cost of your system. Any period under 10 years is generally considered an excellent investment. Check out our guide to solar incentives.
Yes, absolutely. By generating your own electricity, you significantly reduce your monthly electricity bills. Over the 25+ year lifespan of the system, these savings can amount to tens of thousands of dollars, far exceeding the initial installation cost. See how it compares to other home energy investments.