Solar lease calculator

One lease against the utility bill it replaces, year by year.

A modelling aid, not financial, tax or legal advice. Nominal USD, year-end flows, pre-tax. Every default is an invented input from the glossary page. Production guarantees, buyout, removal, fees and tax are left out.

Presets:
ResultValue
Lease paid in year 1 (USD)-
Lease cost per kWh produced, year 1 (USD)-
Lease cost per kWh produced, last year (USD)-
Net difference in year 1 (USD)-
Total paid, including upfront (USD)-
Total bill offset (USD)-
Net difference over the term (USD)-
NPV of the net difference at the discount rate (USD)-
First year the lease costs more than the bill offset-
YearLease paidPer kWhUtility rateBill offsetNet

Method: lease paid in year t = 12 x monthly payment x (1 + escalator)^(t - 1). Bill offset = kWh produced x share offsetting the bill x utility rate in year t. Net = bill offset minus lease paid. Year 0 holds the upfront payment. Enter numbers without thousands separators, for example 5000, and use a point or comma for decimals, for example 0.2 or 0,2.