More and more homeowners are turning to rooftop solar as energy bills and power outages are on the rise. Whether your goals are cost savings, more independence from the centralized energy grid, carbon emissions mitigation, or all of the above, it is a good idea to have an estimate of what your home’s solar project would look like before you begin gathering quotes.
This is where the website SolarReviews can help, providing both customer testimonials on installers, and a handy Solar Calculator to estimate system size, production, cost, and savings. Based on a few parameters like your zip code, average monthly bill, electric utility company, roof direction and pitch, and desired percent of energy covered by solar, the calculator will generate a suggested system size and project savings over the life of the system.
“It’s a truly open calculator,” Andy Sendy, SolarReviews CEO told pv magazine. “We educate consumers so they can’t get ripped off.” Sendy said there is no reason interested homeowners shouldn’t have full access to the mathematics of solar.
The Solar Calculator is regularly updated with new assumptions based on the ever-shifting electric rates and available incentives and programs in your utility’s territory.
SolarReviews partners with Genability, which actively feeds the latest utility rate and net metering structures into the calculator for up-to-date accuracy. It also integrates energy usage profile data from the Energy Information Administration to estimate building energy use based on different climactic zones across the nation.
“This is the greatest effort that any website has gone through to provide a fully accurate estimating tool which isn’t behind any paywall or registration wall,” said Sendy.
Once you’ve entered the basic information in the calculator, a wealth of information is provided. It will suggest the number of panels and system capacity needed, the expected payback period, 25-year net savings, and list all the federal, state and local incentives you can take advantage of. It will also provide advanced metrics like net present value and the internal rate of return.
After calculation, there are sliders available to tweak the figures for accuracy. You can play with the shading, the inflation of utility electricity electric prices over time, the discount rate, loan financing rates, and choose between median pricing or a customized quote price.
For those interested in battery energy storage, you can select a quote sized to your specifications. The calculator allows users to select a no-battery option, an option that sizes the battery to store surplus energy stored during the day, one that sizes the batteries to cover overnight electricity usage over a typical day, or the largest option, which allows for running key appliances for a given amount of time during a grid failure.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.