💰 Money Calculator

Solar Panel Payback Calculator Australia

Find out how quickly your solar panels will pay for themselves. Enter your state, system size, and usage patterns to see your payback period, annual savings, and long-term return.

Solar Panel Payback Calculator
Australia 2026 — state electricity rates
10% (away all day)90% (home all day)
Payback period
5.8 yrs
System cost: $8,500
Annual generation8,672 kWh
Annual savings$1,457
↳ From self-use$1,145
↳ Feed-in tariff$312
Profit after 10 years$6,070
Profit after 25 years$27,924
Usage covered100%
CO₂ avoided / year6.9 tonnes

Solar system costs and payback by size (2026)

System sizeInstalled cost*Annual generationTypical payback
3 kW$4,500~4,000 kWh5–7 years
5 kW$7,000~6,700 kWh5–7 years
6.6 kW$8,500~8,800 kWh4–6 years
10 kW$12,000~13,500 kWh5–8 years

*After STC rebate. Based on Sydney conditions (~4.5 peak solar hours/day). Costs vary by installer, panel quality, and roof access.

Self-consumption: the key variable

How much of your solar generation you consume directly (vs export to the grid) dramatically affects your savings. Because feed-in tariffs are around 5–10 cents/kWh but electricity costs 25–42 cents/kWh to buy, using solar directly is worth 3–8× more than exporting it.

Households that are home during the day typically self-consume 40–60% of generation. Empty houses during working hours may self-consume only 20–30%. Shifting discretionary loads (dishwasher, pool pump, washing machine) to solar hours improves self-consumption significantly.

Frequently asked questions