SolarInvest2020 Profit Calc

Solar Farm: What's good for the mouse, is good for you too! 
As people hunker down at home, and spend time doing all those fix-up items that have been waiting for years, they should also consider working through the details of adding solar.
First, of course, do those energy efficiency tricks that cost very little: smart thermostats, caulk windows and cracks, and improve your insulation. Your favorite power company will do an energy audit so you can get a check list of things to do. The typical building can save 15% to 25% on simple and cheap energy savings. Monitor usage, because the biggest culprit may be humans with bad energy usage habits. Insulation in the attic could have a 3 to 4 year payback and reduce your electric bill by 15 to 25%. Now with the lower energy usage, you should consider adding Solar.
Solar can be a Good investment in many cases, like Residential. But it can be a Crazy Profitable investment for Businesses. The renewable investment tax credits (ITCs) drop down again at the end of 2020, so now is a great time to think about it.* 

SBP has done several detailed financial calculators for analyzing both residential and commercials solar projects. Here are articles discussing both:
  1. Quick Take on  Residential Solar*Solar Invest 2020: Do Good and Save Money Too … See the video related to Residential here: Solar Residential: Good Investment & Doing Good
  2. Full Financial Analysis*SolarInvest2020: Residential Solar is Good, but Commercial Solar can be Crazy Profitable! … See the video related to Commercial/Business here: Solar for a Business can be Crazy Profitable: Do Good by Doing Well 
* Update: As of January 2021 the ITC has been extended at 26% for 2021 and 2022. See Discussion at SEIA.


  1. Updated to include YouTube Videos related to both Residential and Commercial/Businesses.

  2. * Update: As of January 2021 the ITC has been extended at 26% for 2021 and 2022. See Discussion at SEIA.