Average Solar Panel Return On Investment

What are the start up costs of a solar energy installation.

Average solar panel return on investment.

The cost of a normal 2 5 kw array will be around 4 000 and produce an estimated feed in tariff of 30 per year whilst saving on your energy bills to the tune of 240. Annual rise in electricity prices 2 9. 35 508 90 16 558 28 18 950 62 in savings over 25 years. Solar panel systems are a great investment.

The good news is that beyond that initial investment solar panel. 90 performance for first 10 years. 80 performance for next 15 years. The average energysage shopper pays off their solar purchase in just seven to eight years and earns a strong solar roi receiving free electricity for the remainder of their solar panel system s 25 year.

The average cost to install a system of solar panels is anywhere from 15 000 to 25 000 per the center for sustainable energy. Compare these figures to calculate the lifetime solar panel return on investment. Derate factor of 77. We took this into account.

Get a better return on your solar investment with rebates incentives and tax breaks. Return on investment for a 2 5 kw solar panel installation double the size of your solar panel installation and you almost double your savings. Here are the assumptions we made for the average roi on solar panels. Average solar system size 5kw.

Roi for diy systems. Solar panel price 2930 kw.