Solar Energy Cost Estimator

Model system sizing, solar production, batteries, installation costs, utility bills, incentives, financing, payback, cash flow, investment returns, and environmental outcomes.

1Project and location

Project identity, installation type, location, currency, weather source, and analysis period.

Setup
years

2Electricity use and tariff

Consumption, future loads, load timing, retail rates, exports, fixed charges, demand charges, and escalation.

Utility
kWh/year
$
%
%
%
kWh/year
kWh/year
kWh/year
$/kWh
$/kWh
$/month
$
%
%

Time-of-use assumptions

$/kWh
$/kWh
$/kWh
%
%
%

Demand and export rules

$/kW-mo
kW
kW AC

3System sizing and equipment

Choose a sizing method, panel model, roof area, inverter design, warranties, and replacement assumptions.

Design
kW DC
%
%
$

Solar panels

W
%
m
m
%
$
%
years

Inverter and electrical configuration

%
$
year
$
years

4Solar resource and performance

Peak sun hours, tilt, orientation, tracking, shading, temperature, clipping, downtime, and uncertainty.

Production
h/day
degrees
degrees
180° is south-facing in this model.
%
%
%
%
%
%
%
%
%
±%
First-year generation ≈ DC capacity × peak sun hours × 365 × loss factor × inverter efficiency × orientation × tilt × tracking × bifacial gain.

5Battery storage

Usable capacity, power, reserve, efficiency, degradation, cycling, dispatch strategy, replacement, and backup duration.

Optional
kWh
%
kW
%
%
%
cycles
$
year
$

6Installation costs and incentives

Detailed hardware, labor, soft costs, site work, taxes, margin, contingency, rebates, grants, and recurring income.

Budget
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
%
%
%
$
Enter zero to use the detailed cost build-up.

Incentives and recurring income

$
$
%
$
$
$/kWh
years
$/MWh

7Financing and ownership

Cash, loan, lease, and power-purchase agreement structures with fees, escalators, extra payments, balloon payments, and buyout.

Finance
$
%
years
%
$
$
$
%
$/kWh
%
$

8Operating costs and financial assumptions

Maintenance, insurance, cleaning, monitoring, taxes, roof work, decommissioning, discounting, depreciation, and carbon assumptions.

Lifetime
$/year
%
%
$/year
$/year
$/year
$/year
$/year
year
$
$
$
%
%
%
years
kg CO₂e/kWh
%
$/t

Project tools and scenario comparison

Save, load, duplicate, compare, export, and print project assumptions and results.

ScenarioCapacityNet costYear-one savingsPaybackNPVLCOE
No locally saved scenarios.
Preliminary estimate only.

Formula used and calculation methodology

How the estimator converts inputs into energy, costs, bills, financing, cash flow, and investment metrics.

System sizing

Direct mode uses the entered DC capacity. Consumption mode divides the desired annual solar output by modeled annual yield per installed kilowatt. Area mode divides usable roof or land area by panel area, rounds down to a whole number of panels, and converts the result into DC capacity. Budget mode applies a preliminary cost-per-watt assumption. Bill mode estimates annual energy spending after fixed charges and converts it into approximate annual electricity use.

Required capacity = target solar energy ÷ annual energy yield per installed kW.

Solar production

Annual production begins with panel DC capacity and average peak sun hours. The calculator applies inverter efficiency, shading, soiling, snow, wiring, mismatch, availability, temperature, clipping, and other losses. It also applies simplified orientation, tilt, tracking, and bifacial factors. These approximations are suitable for feasibility screening, but hourly weather and validated simulation software should be used for final design.

First-year production = capacity × sun hours × 365 × performance adjustments.

Self-consumption, storage, exports, and imports

Direct solar consumption is limited by the entered daytime load share. Excess generation can charge the battery within usable-capacity, reserve, cycle, and efficiency constraints. Battery discharge supplies nighttime load. Remaining generation is exported unless zero-export or off-grid mode is selected. Remaining consumption becomes grid import.

Utility-bill calculation

The baseline bill combines energy charges, fixed monthly charges, optional demand charges, taxes, and surcharges. The post-solar bill values imported energy at the purchase rate and exported energy at the export credit, while preserving fixed charges, demand charges, and any minimum monthly bill. Time-of-use mode uses a weighted average of peak, shoulder, and off-peak rates.

Installed cost

Panels, inverter, battery, mounting, hardware, labor, engineering, permits, inspections, interconnection, shipping, site work, roof work, trenching, electrical upgrades, monitoring, transformer, and metering costs are combined. Contractor margin, contingency, and installation tax are then applied. A quote override replaces the detailed total when a complete installer quotation is available.

Incentives

Fixed rebates, grants, property-tax benefits, and sales-tax benefits are deducted before the percentage tax credit. Recurring production incentives and renewable certificate income are included in annual cash flow. The calculator does not determine legal eligibility, tax liability, incentive caps, placed-in-service dates, or stacking restrictions.

Financing

Cash ownership records the net project cost in year zero. Loan mode calculates a level monthly payment from principal, origination fee, interest rate, and term. Lease mode escalates the entered monthly payment. PPA mode values annual system generation at the contract rate and escalator. Balloon payments, extra annual payments, and end-of-term buyout costs are modeled as entered.

Cash flow and investment metrics

Annual cash flow equals utility-bill savings plus recurring project income, minus operating costs, replacement expenses, and financing payments. Simple payback finds the first fractional year in which nominal cumulative cash flow becomes nonnegative. Discounted payback performs the same test after discounting. Net present value discounts each cash flow to year zero. Internal rate of return is estimated through a bisection search when the cash-flow series includes positive and negative values.

NPV = Σ cash flow in year t ÷ (1 + discount rate)t.

Levelized cost of energy

Levelized energy cost divides discounted project costs by discounted solar generation. This implementation includes net upfront cost, operating cost, and replacement cost. It does not currently apply tax depreciation benefits to after-tax cash flow, although depreciation assumptions are retained in the project record.

LCOE = discounted lifetime costs ÷ discounted lifetime solar generation.

Environmental estimates

Avoided emissions equal self-consumed solar electricity multiplied by the entered grid emissions factor. The optional grid-decarbonization rate reduces this factor over time. Tree, fuel, and carbon-value outputs are illustrative estimates rather than audited carbon claims.

How to use this calculator

A practical workflow for producing and documenting a preliminary solar estimate.

1. Gather electricity data
Enter at least twelve months of electricity use. Commercial users should also collect monthly demand, time-of-use consumption, and interval load data.
2. Confirm the current utility tariff
Verify retail rates, export compensation, fixed charges, minimum bills, demand charges, taxes, netting periods, rollover, and export limits.
3. Choose a sizing method
Use direct mode for an existing quote, consumption mode for a target offset, area mode for physical feasibility, budget mode for an early ceiling, or bill mode when only a bill estimate is available.
4. Enter production assumptions
Use a reliable solar-resource source. Review tilt, azimuth, shading, dust, temperature, wiring, mismatch, clipping, downtime, degradation, and uncertainty.
5. Build the project cost
Include equipment, labor, engineering, permitting, interconnection, logistics, electrical upgrades, structural work, taxes, margin, and contingency. Use the quote override for a complete proposal.
6. Add incentives carefully
Only include incentives that apply to the project owner, date, equipment, location, ownership structure, and tax circumstances.
7. Select financing
Enter loan, lease, or PPA terms exactly as proposed. Include fees, escalators, balloon payments, extra payments, and buyout provisions.
8. Review lifetime costs
Include maintenance, cleaning, monitoring, insurance, inverter replacement, battery replacement, roof removal and reinstallation, standby charges, decommissioning, and salvage.
9. Compare scenarios
Test solar-only versus battery storage, multiple system sizes, different export credits, conservative production, higher installed cost, and alternative financing.
10. Export and retain assumptions
Download annual cash flow as CSV, export project JSON, or print the report to PDF. Record source dates for tariffs, incentives, equipment pricing, and solar resource.

Professional checks before installation

Important matters outside a preliminary browser calculator.

Structural assessment
Confirm roof condition, dead and live loads, wind uplift, seismic requirements, attachment design, drainage, and fire-access pathways.
Electrical design
Verify service capacity, breakers, conductors, voltage rise, grounding, protection, rapid shutdown, arc-fault requirements, and utility rules.
Shading survey
Use a site survey, drone model, lidar, or shading instrument to capture seasonal obstacles and row-to-row effects.
Tariff verification
Utility rates, export compensation, net-metering rules, fixed charges, demand charges, and taxes may change.
Tax advice
Credits, depreciation, grants, rebates, and ownership benefits depend on eligibility, timing, jurisdiction, and tax liability.
Battery engineering
Actual dispatch depends on hourly load, weather, power limits, firmware, reserve settings, thermal conditions, warranties, and utility programs.

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Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.