Solar Payback Calculator South Africa
The results are presented graphically divided into four sub categories.
Solar payback calculator south africa. Please note the two different calculations one for domestic and one for commercial which includes vat and a 3 year depreciation. To figure out payback period without the solar panel cost calculator we first calculate the true cost of installing solar after incentives have been claimed then we compare that against the cost of electricity from the utility company which tells us how long it takes to break even on the system. Apart from supplying south africans with the best solar equipment on the market today we want to make it as easy as possible to choose the right equipment. This is why we ve added this grid tied solar system calculator.
Nrel s pvwatts calculator estimates the energy production and cost of energy of grid connected photovoltaic pv energy systems throughout the world. Finally on the inputs tab you will see both a pre tax and after tax calculation of the internal rate of return irr on the investment of putting in solar. Off grid solar calculator off grid solar in this case refers to battery stored solar panel systems either connected to utility or standalone. If you haven t yet received solar panel quotes you can start the process by using our solar panel calculator and learning about offers from solar providers in your area.
It allows homeowners small building owners installers and manufacturers to easily develop estimates of the performance of potential pv installations. One of the most intimidating factors about using solar power is figuring out how much you re really going to need. Remember the method above just results in a simple payback estimate without accounting for increases in electricity costs over time solar panel degradation or any other. South africa 27 41 505 4600.
Only enter data into the pale orange columns. Solar payback 2017 south africa. Insert all figures in decimal eg 2 or 1 5. Our solar payback and roi calculator will help you make conscious decisions about your switch to a more environmentally friendly way to consume power.
Open or download the excel spreadsheet. Results effect of leverage effect of irradiation and panel price effect of inflation. This is a demo example of what you can expect to get back after installing a solar system. This step by step solar power calculator offers a guideline for typical appliance ratings and sizing of solar systems.
021 789 0929 mail us. Pvcalc allows you to calculate the roi of pv solar energy projects viewed as financial investments.