Solar estimate

Solar Panel Savings Calculator

Estimate solar bill offset and simple payback from production and electricity price.

Local solar economics vary

Net metering, export tariffs, incentives, roof orientation, shading, degradation, maintenance and financing can materially change payback.

Example

A system that costs 18,000 and produces 9,000 kWh in the first year at 0.18 per kWh offsets about 1,620 in year-one electricity cost before incentives, financing and maintenance.

How to use the result

Use the estimate to compare scenarios: higher electricity rates, lower production, different system costs or a longer ownership period. Payback can change sharply when export rates differ from retail rates.

Limitations

This is not a solar design, tax or investment recommendation. It does not model time-of-use pricing, batteries, roof replacement, inverter replacement, tax credits or local interconnection rules.

Last reviewed: 2026-05-17

Before relying on this result

Use this calculator together with the formula, assumptions, limitations and examples on the page. If the topic involves health, tax, lending, investment, legal, safety or current-rate decisions, treat the number as an estimate and check the relevant primary source or professional guidance.

Calculator metadata last reviewed: 2026-05-14.