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# Solar Technology Investment Decision Calculator

## (Only update yellow fields!

Calculate the cost of your current electricity usage
Electricity cost per average Invoice (Total \$'s)
Supply period (Day's)
Average daily consumption in Units
Total Units
Electricity cost per Unit
Estimated Annual Consumption in Units
Estimated Annual Consumption in \$'s

## \$301.00 Simply look at your invoices & average for the ye

64
31
1984
\$0.20 Assumption is that units represent KW/hrs
11315
\$2,263

## Hardware & Installation Once of Cost

KW/Hr system
Cost of roof gear & instal

2
\$15,490 http://www.solarpanelrebate.com.au/home-solar-

Either
% rebate
Or
Fixed \$ rebate (Use the \$ value provided by the govt
Total instal cost after rebate

0%
\$8,000.00
\$7,490

## Average peak sun hours per day

Total average annual solar KW generated by solar array
\$ value of electricity generated

5.6
4088
\$613.20

## Discounted Net present value of the investment over 10 years

Yr
Cost
Earned
Used
Total
NPV

0
-\$7,490.00

\$613.20
\$613.20
\$613.20
-\$2,263.00 -\$2,263.00 -\$2,263.00
-\$7,490.00 -\$1,649.80 -\$1,649.80 -\$1,649.80
Discount rate based on term deposit opportunity cost
-\$17,185.46

Discounted Net present value of relying on the grid & investing in a term deposit that pays interest annually and repay
0
1
2
3
Cost
-\$7,490.00
Earned
\$599.20
\$599.20
\$599.20
Used
-\$2,263.00 -\$2,263.00 -\$2,263.00
Total
-\$7,490.00
-1662.8
-1661.8
-1660.8
NPV
-\$7,662.23

Consider investing if your investment in solar generates a higher net present value compared with simply leaving you

## ices & average for the year

s represent KW/hrs

bate.com.au/home-solar-systems-2Kw.htm

10

\$613.20
\$613.20
\$613.20
\$613.20
\$613.20
\$613.20
-\$2,263.00 -\$2,263.00 -\$2,263.00 -\$2,263.00 -\$2,263.00 -\$2,263.00
-\$1,649.80 -\$1,649.80 -\$1,649.80 -\$1,649.80 -\$1,649.80 -\$1,649.80
opportunity cost
8.00%

\$613.20
-\$2,263.00
-\$1,649.80

## erest annually and repays principal after 10 years

4
5
6

\$599.20
\$599.20
\$599.20
\$599.20
\$599.20
\$599.20
-\$2,263.00 -\$2,263.00 -\$2,263.00 -\$2,263.00 -\$2,263.00 -\$2,263.00
-1659.8
-1658.8
-1657.8
-1656.8
-1655.8
-1654.8

10
\$7,490.00
\$599.20
-\$2,263.00
5836.2

## Solar Technology Investment Decision Calculator

(Only update yellow fields!
Calculate the cost of your current electricity usage
Electricity cost per average Invoice (Total \$'s)
Supply period (Day's)
Average daily consumption in Units
Total Units
Electricity cost per Unit
Estimated Annual Consumption in Units
Estimated Annual Consumption in \$'s
Hardware & Installation Once of Cost
Average Roof Space in Sq/Mtrs
Cost of roof gear
Cost of instalation service
Either
% rebate
Or
Fixed \$ rebate (Use the \$ value provided by the govt
Total instal cost
Average peak sun hours per day
Total average annual solar KW generated by solar array
\$ value of electricity generated

\$301.00
64
31
1984
\$0.15
11315
\$1,717

## Input the characteristics of the pane

100
\$39,506
\$3,000

Panel
Therefore the number of panels that wi
Panels Required
\$/Panel
Total Panel Cost
Wattage on panel

5%

\$40,381
5.6
60562.963
\$9,084.44

## Discounted Net present value of the investment over 10 years

Yr
Cost
Earned
Used
Total
NPV

0
-\$40,380.86

\$9,084.44
\$9,084.44
-\$1,716.64
-\$1,716.64
-\$40,380.86 \$7,367.80
\$7,367.80
Discount rate based on term deposit opportunity cost
\$8,386.76

Discounted Net present value of relying on the grid & investing in a term deposit that pays interest annually and re
0
1
2
Cost
-\$40,380.86
Earned
\$3,230.47
\$3,230.47
Used
-\$1,716.64
-\$1,716.64
Total
-\$40,380.86 1514.8285 1515.828511
NPV
\$28,894.75
Consider investing if your investment in solar generates a higher net present value compared with simply leaving

## put the characteristics of the panel

Total Sq
Meters
810
375
0.30375
herefore the number of panels that will cover the given roofspace
anels Required
329
120
tal Panel Cost
\$39,506.17
attage on panel
90
mm

mm

10

\$9,084.44
\$9,084.44 \$9,084.44 \$9,084.44 \$9,084.44 \$9,084.44 \$9,084.44 \$9,084.44
-\$1,716.64
-\$1,716.64 -\$1,716.64 -\$1,716.64 -\$1,716.64 -\$1,716.64 -\$1,716.64 -\$1,716.64
\$7,367.80
\$7,367.80 \$7,367.80 \$7,367.80 \$7,367.80 \$7,367.80 \$7,367.80 \$7,367.80
m deposit opportunity cost
8.00%

## t that pays interest annually and repays principal after 10 years

3
4
5
6

10
\$40,380.86
\$3,230.47
\$3,230.47 \$3,230.47 \$3,230.47 \$3,230.47 \$3,230.47 \$3,230.47 \$3,230.47
-\$1,716.64
-\$1,716.64 -\$1,716.64 -\$1,716.64 -\$1,716.64 -\$1,716.64 -\$1,716.64 -\$1,716.64
1516.8285 1517.828511 1518.8285 1519.8285 1520.8285 1521.8285 1522.8285 41904.693

lue compared with simply leaving your money in the bank to earn interest.