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How can I calculate the cost and payback time from a solar power installation?

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How can I calculate the cost and payback time from a solar power installation?

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You can estimate how much a solar electric or solar hot water system may cost if you determine your current energy needs and costs and compare against your future anticipated use. Once you have a sense of how much energy you use, you can evaluate the cost of purchasing and installing one or both of the technologies. Luckily in today’s market you can take advantage of multiple federal, state, and local tax credits, rebates and other financial incentives that create attractive and competitive prices for solar PV and hot water systems. Find more information in our Solar Power Cost section.

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