☀️ Solar Savings Calculator
Discover your potential savings and ROI with solar energy
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💰 Your Solar Savings Potential
That’s – per month!
Time to recover your investment
Total savings over system lifetime
CO₂ offset over 25 years
🧮 How We Calculate Your Savings
1️⃣ System Size Calculation
We determine your optimal solar panel system size based on your roof area. Typically, you can install about 1 kW of solar panels per 100 square feet of usable roof space.
2️⃣ Installation Cost
The average cost of residential solar installation in the US is approximately $3.00 per watt (or $3,000 per kW). This includes panels, inverters, mounting equipment, and installation labor.
3️⃣ Federal Tax Credit
The federal Investment Tax Credit (ITC) allows you to deduct 30% of your solar installation costs from your federal taxes, significantly reducing your net investment.
4️⃣ Annual Energy Production
Solar panels in the US typically produce about 1,400 kWh per kW of installed capacity per year. This varies by location and sun exposure.
5️⃣ Annual Savings
Your savings are calculated by multiplying your annual energy production by your local electricity rate. We estimate rates based on your ZIP code.
6️⃣ Payback Period
The payback period shows how long it takes for your cumulative savings to equal your net investment (after tax credits).
7️⃣ Lifetime Savings
Solar panels typically last 25+ years. We calculate your total savings by accounting for 3% annual electricity rate increases over the system’s lifetime.
8️⃣ Environmental Impact
Solar energy significantly reduces carbon emissions. On average, each kWh of solar energy prevents 0.92 lbs of CO₂ emissions compared to grid electricity.