What is a good payback period for solar panels?

A typical solar payback period in the US is between 6 and 10 years, depending on your location, system cost, and local electricity rates.

Are tax incentives included?

Yes, this calculator allows you to subtract any federal, state, or local tax incentives from the gross cost.

Most modern solar panels have a lifespan of 25-30 years, often with warranties guaranteeing 80% or more of their original efficiency at 25 years.

Gross System Cost ($)

Tax Incentives / Rebates ($)

Monthly Bill Savings ($)

Payback Period

7.8 Years

Net Cost

$14,000

20-Year Profit/Savings

$22,000