Use a solar panel cost calculator using this formula to calculate the payback period. Plenty of metrics can help you decide which solar option is best for you, but studies show most solar shoppers ...

The payback period is how long it will take to recover money invested in a project, and the so-called straight-payback-period calculation is the simplest way of determining the project's investment ...

Imagine you bought a vending machine for $2,000. This vending machine made you profits of $100 a year, after all expenses. It would take 20 years to recoup your initial investment. The amount of time ...