Solar lighting applications - White paper

HOW CAN YOU CALCULATE YOUR ROI?

There are a number of factors to consider when calculating the return on investment (ROI) for solar lighting and on-grid lighting solutions. The initial costs of both options, including installation and equipment, need to be calculated. The on-going maintenance and energy costs of each option must also be taken into account. Once these factors have been determined, a comparison can be made to see which solution offers the best long-term financial and environmental benefits. It’s important to note that solar lighting typically has a higher initial cost but lower on-going costs, while on-grid lighting has a lower initial cost but higher running costs. Analysing these factors gives a clear picture of the ROI for each option, allowing a better decision to be made based on the specific needs of a project.