Eco Equity Solar Value Calculator

Presented by Brett Vredevoogd · Eco Equity Real Estate

⚙️ System Details
View calculation assumptions ▾
Model methodology (mirrors Pearl Certification's income-based DCF approach):
• 25-year system lifespan (panel power production warranty period)
• 0.5% annual panel degradation (NREL)
• 3% annual electricity rate escalation (US 10-yr avg)
• 6.83% discount rate — current 30-yr Freddie Mac mortgage rate (Pearl methodology)
• $11.50/kW/yr O&M costs deducted (NREL 2018/2020 benchmark)
• 80% performance ratio (inverter/wiring losses)
• Low/High range = ±10% electricity rate scenario
• Utility-specific rates from EIA-861 data (2024); sun hours from NREL by service region
• $4/watt benchmark from Lawrence Berkeley National Laboratory (2015)
• Payback uses ~$3.00/W installed cost; 30% ITC applied for systems < 1 yr old
💡 Estimated Value
🏡 Select your utility & system size
to see estimated value
🏛️ Available Incentives
📋 Select a utility to see Michigan & federal incentives
Disclaimer: This tool provides estimates for informational purposes only. Actual savings and home value impact depend on local rates, net metering policy, system condition, buyer financing, and market conditions. For formal appraisals, seek a USPAP-trained appraiser with PV Value® certification. Incentive programs change frequently — always verify current availability with the relevant agency or utility.