Capital cost of PV solar installation £
First year FIT payment predicted £
First year electricity savings predicted £
Average annual rate of inflation predicted %.
Average annual increase in electricity prices predicted %.
Gross interest rate received on bank account (A.E.R.) %
Income tax rate on bank account deposit interest %.

restore default values
PV Panel Installation
YearFITE. SavedNet Int.Bank Acc.
 1 £1,000 £150 £ 0 £ 1,150
 2 £1,030 £158 £ 41 £ 2,379
 3 £1,061 £165 £ 86 £ 3,691
 4 £1,093 £174 £ 133 £ 5,090
 5 £1,126 £182 £ 183 £ 6,581
 6 £1,159 £191 £ 237 £ 8,169
 7 £1,194 £201 £ 294 £ 9,858
 8 £1,230 £211 £ 355 £ 11,654
 9 £1,267 £222 £ 420 £ 13,562
 10 £1,305 £233 £ 488 £ 15,587
 11 £1,344 £244 £ 561 £ 17,737
 12 £1,384 £257 £ 639 £ 20,016
 13 £1,426 £269 £ 721 £ 22,432
 14 £1,469 £283 £ 808 £ 24,991
 15 £1,513 £297 £ 900 £ 27,700
 16 £1,558 £312 £ 997 £ 30,567
 17 £1,605 £327 £ 1,100 £ 33,599
 18 £1,653 £344 £ 1,210 £ 36,806
 19 £1,702 £361 £ 1,325 £ 40,194
 20 £1,754 £379 £ 1,447 £ 43,774
 21 £1,806 £398 £ 1,576 £ 47,554
 22 £1,860 £418 £ 1,712 £ 51,544
 23 £1,916 £439 £ 1,856 £ 55,754
 24 £1,974 £461 £ 2,007 £ 60,196
 25 £2,033 £484 £ 2,167 £ 64,879
Net AER: 6.81%
Total electricity saved: £7,159.06
Total FIT payments: £36,459.26
Total net interest received: £21,260.99
Total tax paid: £5,315.25
Money in the Bank
YearGross Int.TaxNet Int.Bank Acc
1  £563 £ 113 £ 450 £12,950
2  £583 £ 117 £ 466 £13,416
3  £604 £ 121 £ 483 £13,899
4  £625 £ 125 £ 500 £14,400
5  £648 £ 130 £ 518 £14,918
6  £671 £ 134 £ 537 £15,455
7  £695 £ 139 £ 556 £16,011
8  £721 £ 144 £ 576 £16,588
9  £746 £ 149 £ 597 £17,185
10  £773 £ 155 £ 619 £17,804
11  £801 £ 160 £ 641 £18,445
12  £830 £ 166 £ 664 £19,109
13  £860 £ 172 £ 688 £19,796
14  £891 £ 178 £ 713 £20,509
15  £923 £ 185 £ 738 £21,247
16  £956 £ 191 £ 765 £22,012
17  £991 £ 198 £ 792 £22,805
18  £1,026 £ 205 £ 821 £23,626
19  £1,063 £ 213 £ 851 £24,476
20  £1,101 £ 220 £ 881 £25,357
21  £1,141 £ 228 £ 913 £26,270
22  £1,182 £ 236 £ 946 £27,216
23  £1,225 £ 245 £ 980 £28,196
24  £1,269 £ 254 £ 1,015 £29,211
25  £1,314 £ 263 £ 1,052 £30,262
Net AER: 3.60%
Total Net Interest Received: £17,762.44
Total Tax Paid: £4,440.61

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