In this video, I'll show you how you can calculate the projected savings for your solar and battery setup, together with your payback period and ROI.

Chapters:

0:00 Intro
0:48 Understanding the payback period
3:17 Annual return on investment (ROI)
4:27 Payback period dependencies
5:15 Price per kWh
7:27 Cost of electricity per year
7:53 Let's start with solar panels
8:22 Calculating electricity consumption
11:07 Spreadsheet
14:55 Adding a battery
16:10 Solar generation across the year
17:42 Battery only installation
18:56 Calculating the payback period
19:31 Summary

The solar calculator used in this video is available here:
https://www.garydoessolar.com/utiliti...

If you're getting a lot from my videos, and would like to support me in my efforts to help everyone, here are a couple of ways to do this:

1. You could https://www.buymeacoffee.com/GaryDoes... :-)

2. If you're thinking of switching energy supplier to Octopus Energy. If you call them and give them my referral code ("blue-wind-201") and my name ("Gary Waite") and we'll both get a £50 credit to our accounts as a result! https://share.octopus.energy/blue-win...

I believe Octopus Energy is doing more than any other energy company in the UK to take us forward to a bright renewable future, and I'll make making reference to them and their initiatives in future videos.

#payback #roi #solar

For business enquiries:
Email: [email protected]
(Please note: despite my channel name, I don't provide, nor consult on, solar installations)

(c) 2022 Gary Does Solar. All rights reserved.

DISCLAIMER
Whilst every effort is made to ensure the accuracy of the content in this video, no warranty for that content is provided, nor should it be implied. Viewers acting on the content, do so at their own risk.