Enter the total solar power generation (kW), the average hours of sun per day, operational costs ($), and the selling price of electricity ($/kWh) into the calculator to determine the Solar Farm Profit.

## Solar Farm Profit Formula

The following formula is used to calculate the Solar Farm Profit.

SP = P * T *  ESP - C
• Where SP is the Solar Farm Profit ($/day) • P is the total solar power generation (kW) • T is the average hours of sun per day • ESP is the selling price of electricity ($/kWh)
• C are the daily costs ($/day) To calculate solar farm profit, multiply the power generation by the total time of generation, then multiply by the selling price of electricity, and finally subtract running costs. ## How to Calculate Solar Farm Profit? The following example problems outline how to calculate Solar Farm Profit. Example Problem #1 1. First, determine the total solar power generation (kW). In this example, the total solar power generation (kW) is given as 2500 . 2. Next, determine the average hours of sun per day. For this problem, the average hours of sun per day is given as 8 . 3. Next, determine the selling price of electricity ($/kWh). In this case, the selling price of electricity ($/kWh) is found to be .56. 4. Next, determine the daily running costs. In this case, the daily running costs are$200.00.
5. Finally, calculate the Solar Farm Profit using the formula above:

SP = P * T *  ESP – C

Inserting the values from above yields:

SP = 2500 * 8 *  .56 – 200 = 11000 ($/day) Example Problem #2 The variables needed for this problem are provided below: total solar power generation (kW) = 5000 average hours of sun per day = 7 selling price of electricity ($/kWh) = 1.25

daily running costs ($) = 5000 Entering these values and solving gives: SP = 5000 * 7 * 1.25 – 5000 = 38750 ($/day)