Formula and Explanation
Payback = net cost / annual savings
This calculator applies the formula Payback = net cost / annual savings. Enter each value with the matching unit, and AZCalculate updates the result instantly.
Variable descriptions
- cost($)
- System cost: System cost measured in $, entered as a known value.
- incentives($)
- Incentives: Incentives measured in $, entered as a known value.
- annualSavings($)
- Annual savings: Annual savings measured in $, entered as a known value.
