What is the expected return on investment in solar panels?

Return expectation of investment in solar panels

The expected return on investment in solar panels depends on many different factors, such as the location of the solar panels, the production potential of solar energy, the quality and price of the solar panels, as well as possible support systems and tax breaks. In general, however, the expected return on investment in solar panels is good, as solar energy is a renewable and environmentally friendly form of energy that can save significantly on electricity bills in the long term.

The expected return on investment in solar panels can generally vary between 5-10 percent, but this is only an indicative estimate. It is important to make a careful calculation of the profitability of investing in solar panels, taking into account all the costs and benefits associated with the investment. The lifetime of solar panels is usually long, so the investment can pay off well in the long term.

Sources: Energiavirasto