Solar Electricity Calculator

Spreadsheets have great and diverse functionality as they allow viewing data in multiple was for better comprehension. Thanks to their versatility they can be used for making all sort of calculations.
Solar Electricity Calculator is exactly what the name suggests: a calculator for the costs supported by the owner of a solar electricity system.

Mind the dependencies

The application is actually an Excel template that can be modified in order to fit the needs of the user. It can be opened by any program that support Microsoft Excel format, but for best results we recommend using the proprietary product.
The different rows contain various information that can help calculate the amount of time that needs to pass before the solar system starts paying for itself.

Calculate income generated by the solar system

Among the information taken into consideration there is the average system output, the price for the power used from the grid as well as the income for the electricity that is poured into the grid.
Starting from these, the creator of the spreadsheet provides the functions for calculating daily savings based on solar production and usage and the annual saving or income from the system.
Another section is dedicated to calculating the repayment rate per month and year, taking into consideration that the solar system has been financed by a third party that needs to be paid an interest rate.
After entering all the numbers at the bottom of the spreadsheet the user should have the amount of time the system needs to pay for itself.

Simple but useful Excel template

Solar Electricity Calculator is nothing complicated and it can be done by any user with some skills for Microsoft Excel.
However, this one can benefit the less proficient users by providing the option to just enter custom information in order to learn the costs and savings of their solar system.