Return on Solar Panels Calculator

Calculate Return on Solar Panels





Formula

To calculate the Return on Solar Panels:

\[ ROSP = \left(\frac{E \times CE}{CSP}\right) \times 100 \]

Where:

What is Return on Solar Panels?

Return on Solar Panels (ROSP) is a measure of the financial benefit of installing solar panels. It represents the annual return on investment as a percentage of the initial cost of the solar panels. This calculation helps to determine how effective the solar panels are at generating financial returns through energy savings.

Example Calculation

Let's assume the following values:

Using the formula:

\[ ROSP = \left(\frac{5000 \times 0.10}{20000}\right) \times 100 = 2.5\% \]

The return on solar panels is 2.5% per year.