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Download the Free Solar Savings Calculator (Excel)

Instantly calculate your solar payback, annual savings, and total return with our easy-to-use Excel spreadsheet.
This free tool is perfect for DIY analysis—no signup required.

  • • Your system’s true payback period
  • • Annual savings on your electric bill
  • • Total incentives (federal, state & local)
  • • Lifetime savings projection

How It Works

  1. Download the Excel/Google Sheets file and open it on your device.
  2. Enter your system size, cost, and solar radiance value (use the map below to find your region’s number).
  3. Instantly see your payback period, annual savings, and incentives update in real time.
  4. Adjust inputs (utility rate, degradation, incentives) to compare scenarios.
  5. Use the built-in charts and tables to plan installations or proposals.

Reference: Solar Radiance Map

Solar PV resource map for the continental U.S.

Use this map to look up your daily solar radiance (kWh/kWp/day) value.

Why Shop.Solar’s Calculator?

  • ✅ No ads or hidden fees—completely free to use
  • ✅ Pre-built formulas for real-world accuracy
  • ✅ Fully editable inputs so you can tailor every assumption
  • ✅ Includes solar tax credits, rebates & incentive adjustments
  • ✅ Perfect for homeowners, installers, and sales proposals