Analysis Solar Business

solar cost benefit analysis

Electric prices are always on the rise. Electrical costs are a huge part of operational costs. Free solar energy provides a solution to lower these costs and protect you from price increases. Through technology advancements and skilled installers, there are more accessible solar options for buildings. The larger the system, the lower the cost per wattage, the quicker the return on investment (ROI,) making schools and universities great candidates for solar energy usage..

Review your electric bill
Evaluate your sunlight exposure
Estimate residential solar panel cost

Renewable energy

The sun is a renewable resource. Unlike fossil fuels, sunlight is never going away. You can count on it every day. Coal and natural gas are not free, and they are expensive and dirty. Their price is volatile too and has increased systematically over the past decade. But there is no fuel cost for sunlight. With Suncarry’s , you will know your annual energy expenses for at least the next two decades.

How to maximese savings

EThe best way to make savings from solar power is to use as much electricity during the day when your panels are generating energy; we refer to this as self-consumption.

Unless you have a solar battery, any excess power that you don't use gets exported back to the grid. You will receive a feed-in tariff for each kilowatt-hour you export, but it is only roughly 40% of what you pay for electricity. Factor this in mind when using the calculator, the higher the percentage of electricity you use during the day, the higher your solar savings will be.

Solar power output

The output of your solar power system will vary depending on several factors. These factors include weather and climate, roof pitch (angle of your roof), roof orientation, shading or obstruction, the system size you select and the quality of the installation. Each of these elements will affect your system's performance and your potential solar savings.

Contact us

Our solar experts at Suncarry are available to assess your needs and help you make the best decision for your unique needs.