Renewable Energy System Return On Investment (ROI) Calculator
Use this tool to understand the investment costs and returns of a Renewable Energy System.
Renewable Energy Systems provide long-term solutions to power generation. Although they require
an initial investment that seems to be a big expense, you will see a return on your investment as time
Investment Typical Scenario Custom Scenario
Cost per Watt of Solar $8.50 $8.50
Cost per Watt of Wind $3.00 $3.00
Size of Installed System (W) 3,000 3,000
Proportion of Solar in your system 100% 70%
Proportion of Wind in your system 0%
Permit Cost for installation $1,250.00 $1,250.00
Installation Cost & Inverter / Cabling $5,000.00 $5,000.00
Total Investment $31,750.00
Solar Installation Rebate $/W from Gov $0.00 $0.00
Wind Installation Rebate $/W from Gov $0.00 $0.00
Sale Tax Rebate from Gov 8% 8%
Income Tax Rebate from Gov 0% 0%
Total Rebates $2,540.00
Net Total Investment $29,210.00
Number of Peak Sun Hours 4 4
Wind Consistent Capacity Factor % 20% 20%
Solar Power kW Created / Year 4,320
Wind Power kW Created / Year 0
Feed In Tariffs
Feed in Tariff for Solar / kWh $0.42 $0.42
Feed in Tariff for Wind / kWh $0.11 $0.11
Avg. Power Consumption (kWh/day) 12,500 12,500
Annual Power Consumption (kWh) 4,562.50
Cost per Conventional Electricity/kWh $0.10 $0.10
Monthly Bill - Pre System Installation $38.02
Monthly Bill - After System Installation $-113.18
Utility Savings $151.20
Savings per year $1,814.40
Return on Investment (ROI)
Simple ROI 6% ?
Simple Payback Years 16 ?
THIS INFORMATION IS FOR REFERENCE ONLY.
All INFORMATION RELATING TO COSTS ARE ESTIMATES ONLY.
SOLAR ERA MAKES NO GAURANTEES OR WARRANTIES AS TO THE ACTUAL SAVINGS REALIZED BY THE USE
OF RENEWABLE ENERGY PRODUCTS.