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A Photovoltaic System Payback Calculator

SANDIA REPORTSAND2016-5624 Unlimited ReleaseJune 2016A Photovoltaic System Payback Calculator Daniel M. RileyJeffrey E. FlemingGerald R. GallegosPrepared bySandia National LaboratoriesAlbuquerque, New Mexico 87185 and Livermore, California 94550 Sandia National Laboratories is a multi-program laboratory managed and operated by Sandia Corporation, a wholly owned subsidiary of Lockheed Martin Corporation, for the Department of Energy's National Nuclear Security Administration under contract for public release; further dissemination by Sandia National Laboratories, operated for the United States Department of Energy by Sandia : This report was prepared as an account of work sponsored by an agency of the United States Government. Neither the United States Government, nor any agency thereof, nor any of their employees, nor any of their contractors, subcontractors, or their employees, make any warranty, express or implied, or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represent that its use would not infringe privately owned rights.

exceed the initial cost of the PV system. That is, the payback year is the lowest value of that

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