Your Results
--Net Solar Cost
(after incentives)
--Total Savings
(20 years)
Current Annual Diesel Cost
--
Fuel + maintenance, Year 1
Incentives Received
--
REAP grant + federal tax credit
Diesel Cost in 10 Years
--
With escalation applied
Pump Replacement
--
At year 12
Year-by-Year Breakdown
| Year | Diesel Cost | Solar Cost | Annual Savings | Cumulative Savings | Net Position |
What If Scenarios
If Diesel Hits $5/gal
--
Payback period
If Diesel Stays at $3/gal
--
Payback period
Without Any Grants
--
Payback period
With 50% REAP
--
Payback period
Key Assumptions:
Solar panels last 25+ years with 0.5% annual degradation. Diesel engine requires annual maintenance increasing with age. Inflation on diesel applies yearly; solar has near-zero fuel cost. Federal ITC (30%) is a tax credit, not a deduction. REAP grants are competitive; apply early through your USDA state office.
Disclaimer: This calculator provides estimates for planning purposes only. Actual costs and savings vary by location, installer, equipment, and usage patterns. Consult a certified solar installer and tax professional before making investment decisions.