Battery IRR Calculator

Model battery economics with degradation, escalation, and maintenance. Add replacement timing, grants, and salvage values. See IRR and charts, then export results anytime easily.

Inputs

Example: $, €, £, Rs
Bill reduction, demand charges, or backup value.
Applied to savings as output declines.
Applied to savings as rates increase.
Optional resale value, warranty credit, or remaining value.
Optional step-change to savings starting that year.
Example: -10 lowers savings; +10 increases savings.
Helps convergence for difficult cashflows.

Example Data Table

Scenario Upfront Net Cost Annual Savings Project Life Degradation Escalation Replacement
Home backup + bill savings $8,450 $1,800 12 years 2%/yr 3%/yr Year 8: $2,500
Commercial demand shaving $24,000 $6,500 15 years 1.5%/yr 4%/yr Year 10: $6,000
Small cabin off-grid support $6,900 $1,050 10 years 2.5%/yr 2%/yr None
These are illustrative inputs to help you sanity-check your entries.

Formula Used

The calculator builds yearly cashflows and solves for the internal rate of return (IRR), which is the rate that makes net present value (NPV) equal to zero.

Note: If cashflows change sign multiple times, IRR may be non-unique; this tool will report “not solvable” when it cannot find a reliable root.

How to Use This Calculator

  1. Enter all upfront costs, then subtract rebates in the incentives field.
  2. Use year-1 savings as your baseline, then set degradation and escalation.
  3. If you expect a battery replacement, set the year and cost.
  4. Optionally model a tariff step-change that shifts savings from a year onward.
  5. Choose a discount rate to compute NPV and discounted payback.
  6. Click calculate, review summary and cashflow table, then export.
This calculator is for planning estimates. For investment decisions, validate assumptions using measured load, tariff details, and vendor warranties.

Battery project returns depend on usable savings

IRR is driven by the net savings you can capture each year. Value streams include demand charge shaving, time of use shifting, and avoided outage costs. Start with measured bills and load data, then use year one savings as a baseline. Apply escalation only when tariff history supports it. Degradation reduces delivered energy and peak power, so the decline rate should align with the warranty curve and operating strategy.

Upfront costs should include every project fee

Models can mislead when soft costs are missing. Installation labor, permits, interconnection fees, controls integration, and metering upgrades add cost without raising savings. Incentives reduce the initial outlay, but confirm eligibility, timing, and tax treatment in your area. This calculator applies incentives in year zero, helping you compare vendor quotes and avoid unrealistic payback assumptions.

Replacement timing is a major sensitivity lever

Some systems need inverter service or component replacement during the analysis window. A midlife replacement can cut IRR sharply, especially if it arrives before payback. If warranty coverage applies, model only the expected net cost after coverage. When replacement is uncertain, run a none case and a worst case cost to quantify downside risk and guide contract negotiations.

Discount rate and IRR answer different questions

IRR is a breakeven rate, while NPV measures value at your discount rate. Use a discount rate that reflects financing cost and risk. A project can have a positive IRR but negative NPV if your required return is higher. The discounted cumulative line shows when the project becomes positive in today’s money, not just in nominal cashflow terms.

Use the cashflow table to validate assumptions

Review year by year cashflows to confirm the pattern matches operations. Escalation and degradation should change values gradually, while replacement and tariff changes should create step effects. If IRR is not solvable, cashflows may never cross zero or may cross multiple times. Adjust assumptions, shorten project life, or remove spikes to improve stability and interpretation.

FAQs

What does IRR mean for a battery project?

IRR is the annualized rate that makes the project NPV equal zero. If IRR exceeds your required return, the cashflows are strong enough to justify the investment under your assumptions.

Why can IRR show “not solvable”?

If cashflows never switch from negative to positive, or switch multiple times due to spikes, there may be no unique IRR. Review the table, then adjust project life, replacement timing, or savings assumptions.

How should I estimate annual savings?

Use recent bills and interval data to estimate demand charge reduction and time based shifting. For backup value, estimate avoided outage costs conservatively. Enter year one savings, then apply escalation only when justified.

What degradation rate should I use?

Start with the manufacturer warranty or expected capacity retention curve. If your strategy relies on high peak power, consider additional performance decline over time. Keep the rate modest unless you have site specific evidence.

Should incentives be entered as a negative cost?

Enter rebates or grants as incentives so the calculator reduces year zero cost. If you expect delayed payments, you can approximate by lowering incentives and adding a positive cashflow in the year you receive them.

Which metric is better, payback or NPV?

Payback is easy to interpret but ignores value after the payback year and the time value of money. NPV incorporates discounting and captures total value, so it is usually better for comparing projects.

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Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.