1. What is an Energy Trust Solar Panel Calculator?

Definition: This calculator estimates the financial incentive for solar panel installations based on system size and incentive rate.

Purpose: It helps homeowners and businesses determine potential rebates or incentives for solar energy systems.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• \( I \) — Incentive amount (currency)
• \( S \) — System size (kW)
• \( R \) — Incentive rate (currency per kW)

Explanation: The system size is multiplied by the incentive rate to calculate the total financial incentive.

3. Importance of Solar Incentive Calculation

Details: Accurate incentive calculations help assess project feasibility, ROI, and payback period for solar installations.

4. Using the Calculator

Tips: Enter the system size in kW and incentive rate (default $0.50/kW). All values must be > 0.

5. Frequently Asked Questions (FAQ)

Q1: Where can I find my local incentive rate?
A: Check with your local Energy Trust organization or government solar incentive programs.

Q2: Does this include tax credits?
A: No, this calculates only the direct incentive. Tax credits are typically calculated separately.

Q3: What's a typical system size for homes?
A: Residential systems typically range from 3kW to 10kW depending on energy needs and roof space.

Q4: Are incentives always per kW?
A: Most are, but some programs offer fixed amounts or tiered rates - check your local program details.

Q5: Does this account for system efficiency?
A: No, this is a basic calculation. Actual incentives may have additional efficiency or performance factors.