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Solar Panel Return on Investment

Last updated 10/25/2022

Get an estimate of solar cost and savings at your home.

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Solar panels can reduce your electric bills, boost your home value, and provide clean and renewable energy. But are they worth the investment? Understand the payback period for solar panels and maximize the return on investment.

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Solar System Cost 5-kW (5,000 watts) x $4.00/watt $20,000
Federal Tax Credit 30% x $20,000 $6,000
Total Cost after Tax Credit $20,000 - $6,000 $14,000

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    Get an estimate of solar cost and savings at your home.