Residential Solar Calculator with Internal Rate of Return         Solar Saves you Money
Enter your Power company      
Enter your Monthly kWh Usage      
         
Rebate Level      
Your Average Power Bill      
         
System Size 3 Options Option 1 Option 2 Option 3  
System Size Small Medium Large  
% of Total Power Bill 40% 60% 100%  
System Size in kW (STC Watts)  
Projected Solar system kWh/month  
         
Solar system price  
Less Federal Tax Credit of 30%  
Less State Rebate  
Total System Price after Federal and State Incentives  
         
Current Power Bill  
New Power Bill with Solar  
         
Solar Investment--High Yielding and Safe--Your 25 Year Internal Rate of Return        
         
25 Year IRR  
         
Or--Finance your System with a Home Equity Loan        
Cost of Money (Home equity loan)  
Number of years financed  
Your Monthly Loan Payment  
Your State and Federal Tax Bracket  
Your State and Federal Tax Savings  
Your Monthly Solar System Cost after tax  
         
Savings (Short term and Long term)        
         
Rate of Energy Cost Inflation      
         
Your Savings per Month (1st year)  
         
Your 30 Year Savings  

Design online calculators using Excel