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Calculate the true payback period of a solar installation, factoring in tax credits, rebates, and rising utility rates.
Step-by-step breakdown of equations with your current inputs.
Gross Cost × (Fed Credit % / 100)Gross Cost − Federal Credit − Local RebateMonthly Bill × 12We simulate future years where the annual bill savings increase by the utility inflation rate (3%) each year until the initial Net Cost of $16,500 is offset.