wattbench
Financial Tool

Solar Payback Calculator

Estimate annual savings and payback period from system cost, generation, self-consumption, electricity rate and feed-in tariff.

Sources listedReviewed July 2026Our methodology
Total installed price after rebates.
Estimated yearly output of the system.
Share of generation you use yourself vs export.

Live result

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Annual savings

$1,458

Payback period

5.5yrs

10-year net

$6,580

25-year net

$28,450

Net position over 25 years

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Key takeaways
  • Estimates annual savings and how many years a system takes to pay for itself.
  • Uses your system cost, generation, self-consumption, electricity rate and feed-in tariff as inputs.
  • Also projects 10-year and 25-year net positions to show longer-term value.

How it works

Annual savings blend the value of the energy you use yourself against the energy you export: savings = generation × (self-use% × rate + export% × feed-in tariff). Self-consumed energy is worth your retail rate; exported energy is worth the lower feed-in tariff.

  • Payback period is system cost ÷ annual savings.
  • 10- and 25-year net are savings × years − cost, a simple cumulative position before degradation, bill inflation and maintenance.

Estimates only: for guidance, not a quote or a compliance certificate. Verify against the current AS/NZS standards and a licensed design. The maths runs in your browser. Nothing is sent to Wattbench unless you sign in and deliberately save the result.

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Frequently asked

Is this calculator free to use?
Yes. The payback calculator is free and needs no sign-up. It runs entirely in your browser.
Is my data stored or sent anywhere?
The calculation runs in your browser. Nothing is sent to Wattbench unless you sign in and deliberately select Save result.
How accurate are the payback results?
The savings and payback figures are estimates based on the cost, generation, rates and self-consumption you enter. They are not a quote or a guaranteed return.