Solar Panel ROI Calculator

Calculate your potential savings, payback period, and return on investment for solar panel installation

System Size (kW)

Average home: 5-8 kW

Installation Cost ($)

Average: $2,500-$3,500 per kW

Average Sun Hours Per Day

US average: 4-6 hours

Annual Maintenance Cost ($)

Typical: $100-$300/year

Current Monthly Electric Bill ($)

Electricity Rate ($/kWh)

US average: $0.11-$0.15/kWh

Annual Electricity Rate Increase (%)

Historical average: 2-4%

Federal Tax Credit (%)

Current ITC: 30%

State/Local Incentives ($)

Varies by location

•These calculations are estimates based on average conditions and may vary based on your specific situation
•Actual energy production depends on factors like roof orientation, shading, and local weather patterns
•Tax credits and incentives are subject to eligibility requirements and may change over time
•Consult with a qualified solar installer for a detailed site assessment and accurate quote