Solar Panel Savings Calculator

Estimate solar panel system cost, payback period, and 25-year savings with federal tax credit and state incentives.

$
$/kWh
$/watt
%
$

System Size

13.0 kW

Net Cost

$33,659.49

Payback Period

14.0 years

Annual Savings

$2,400.00

25-Year Savings

$26,340.51

CO2 Offset/yr

7.3 tons

Solar System Cost Breakdown

Estimated System Size13.0 kW
Sun Hours (southeast)4.5 hrs/day
Gross System Cost$33,659.49
Federal Tax Credit (0%)- $0.00
Net Cost After Incentives$33,659.49
The 30% federal solar tax credit (Section 25D) expired December 31, 2025 under the One Big Beautiful Bill Act. Systems installed in 2026 do not qualify for the federal residential credit. Some state incentives may still apply.

Savings Projection

Monthly Usage1,429 kWh
Annual Usage17,143 kWh
Annual Savings$2,400.00
Payback Period14.0 years
25-Year Net Savings$26,340.51
Annual CO2 Offset7.3 tons

Use the Solar Panel Savings Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

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