The solar payback period is the time it takes for your electricity savings to equal what you paid for your system. Once you reach that point, your panels are effectively generating free electricity, and the savings start to accumulate.
There’s no single payback time that applies to everyone. Everything depends on system cost, local electricity prices, incentives, financing, and how much energy your home uses. In many parts of the U.S., residential solar systems break even in roughly 6 to 10 years, though it can be faster or slower depending on circumstances.
The SunWise solar calculator is designed to take the guesswork out of these important financial calculations. Just enter a few details, and the easy-to-read charts will tell you both when you start making a positive annual return and when you can expect your total savings to exceed your upfront cost.
It’s also worth noting that research suggests solar panels often continue producing well beyond their 25-year warranty period, which can significantly increase lifetime savings. You can read more about that in our article How Long Do Solar Panels Last?.
Use the free SunWise solar calculator to estimate your solar savings.
Calculate your savingsWhen you're ready to take the next step, click the links below to get detailed, no-obligation quotes from our trusted suppliers.
A1 SolarStore is a leading supplier of solar and home energy equipment to professionals and DIYers. Check out their extensive range of equipment, including reduced-price clearance items.
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Shop Solar has an extensive range of complete solar power solutions, and a free online tool to help you decide exactly what you need. They also offer free, no-obligation online and phone support.
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