Average Solar Panel Return On Investment

Annual rise in electricity prices 2 9.

Average solar panel return on investment.

90 performance for first 10 years. Getting your solar panel investment up and running requires an outlay of between 12 500 and 20 000 to purchase a 5 kilowatt photovoltaic pv system. Derate factor of 77. 35 508 90 16 558 28 18 950 62 in savings over 25 years.

Solar panel systems are a great investment. 80 performance for next 15 years. What are the start up costs of a solar energy installation. Average solar system size 5kw.

The good news is that beyond that initial investment solar panel. Roi for diy systems. 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. Compare these figures to calculate the lifetime solar panel return on investment.

Solar panel price 2930 kw. 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. While these are very different numbers they still represent a remarkable solar panel return on investment. 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. Get a better return on your solar investment with rebates incentives and tax breaks.