Break Even Point On Solar Panels

The answer to this question varies.

Break even point on solar panels.

Break even in 8 years. The break even point when energy output equals manufacturing energy input has fallen from 20 years to just two years. Solar panels are typically under warranty for 25 years. This is called the break even point.

Increased utility electricity rates and lower equipment costs are making it easier and less expensive to for homeowners to own rather than lease their solar panel systems. And when will i break even. The cost of solar panels. Given that many solar panels and inverters come with 25 year product warranties you can expect more than two decades of trouble free operation from your solar array.

If you plan to sell your house sometime soon the shorter the break even point the better. Interpreting the solar nerd payback graph. If you buy a system depending on the incentives available to you break even point should be around eight years or less. Most homeowners considering solar energy want to know when their investment will have paid for itself in energy savings.

The graph above is a screenshot from the solar nerd calculator. The solar panel payback period is a calculation that estimates how long it will take for you to break even on your solar energy investment. Example of the break even graph from the solar nerd calculator. It depends on how much power your system generates and how much energy you use.

When will i hit the break even point.