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)

## 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)