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Savings over 25 years

The 25-year forecast adds up yearly bills with and without solar as rates rise and panels age. Bill savings, 25 years counts bills only; 25-year savings in the price tile also subtracts what the customer pays for the system.

Solar is a 25-year purchase, so the customer wants to know what it’s worth over that time — not just next year.

How it’s built

  • Year 1 is the result you see — bills before and after solar for the first year.
  • Each later year, utility rates rise by the rate increase — 3.4% a year unless you changed it.
  • The panels make a little less each year, at the degradation rate from their datasheet. The line under the chart names it.

The rate increase can be changed right on the 25 years tab: press Edit next to Utility rates rise, type a number and press Apply. More: Rate growth and panel degradation.

Two different 25-year numbers

NumberWhat it counts
Bill savings, 25 yearsOn the 25 years tab: bills without solar minus bills with solar. The system price isn’t in it.
25-year savingsIn the price tile: the bill savings minus the system price, or minus all loan payments. This is the number on the proposal cover — net savings.

Without solar and With solar on the same tab are the total paid to the utility over 25 years.

Keep it honest

The 25-year number grows fast with the rate increase. Explain to the customer what you assumed, and that future rates and weather will differ.

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