induwara.lkinduwara.lk
induwara.lkSri Lanka · Finance

Sri Lanka Solar Payback Calculator — Net Metering, Net Accounting & Net Plus

Estimate the payback period and 20-year cash flow on a rooftop solar system in Sri Lanka under all three official schemes. Uses the PUCSL-approved feed-in tariffs (Rs 27 / Rs 22 per kWh) and the SEA insolation atlas. No signup, sources cited, side-by-side scheme comparison built in.

By Induwara AshinsanaUpdated May 16, 2026
Solar payback calculatorSri Lanka
PUCSL verified · 2026-05-16

1-to-1 banking. Surplus units roll over indefinitely as credit but are never paid in cash. Best when your solar generation is similar to your consumption.

kW

Total panel rating from the installer's quote.

kWh

Average units from your last 3-6 CEB/LECO bills.

Rs

All-in installer price including inverter, panels, install.

Insolation: 4.20 kWh/kW/day · wet zone (SEA solar atlas).

Advanced settingsdegradation, tariff inflation, orientation, custom bill
%
%
Rs

Optional — overrides the block-tariff estimate.

Quick presets
Annual generation
7,665 kWh
At 4.20 kWh/kW/day
Year-1 net cash
Rs 313,800
Bill saving + export credit
Payback
3 yr 6 mo
Cost ÷ Y1 ≈ 3.82 yr
20-yr net
Rs 13,160,104
CO₂ saved: 77,503 kg

Scheme comparison

Best 20-year net: Net Metering

Year-by-year cash flow

YrGenerationBill beforeBill afterEarningsNetCumulative
17,665 kWhRs 320,280Rs 6,480Rs 0Rs 313,800-LKR 886,200
27,627 kWhRs 345,902Rs 6,998Rs 0Rs 338,904-LKR 547,296
37,589 kWhRs 373,575Rs 7,558Rs 0Rs 366,016-LKR 181,280
47,551 kWhRs 403,461Rs 8,163Rs 0Rs 395,298Rs 214,018
57,513 kWhRs 435,737Rs 8,816Rs 0Rs 426,921Rs 640,939
Net Plus tier: ≤ 10 kW · Rs 27.00 (yr 1-7) / Rs 22.00 (yr 8-20) Net Accounting export: Rs 22.00/kWh Grid factor 0.53 kg CO₂/kWh · 8% inflation modelled

Estimates use PUCSL gazette tariffs, SEA insolation atlas, and a 35% self-consumption assumption. Not a quote — share these numbers with at least two installers before signing.

How it works

The calculator runs three deterministic steps for each year of a 20-year horizon, then chooses how to settle the energy flow based on the scheme you pick. Every formula and table reflects the PUCSL Net Plus Tariff Order (01 January 2024) and the PUCSL March 2024 Domestic D-1 tariff schedule.

1. Annual generation

Generation is modelled as gen = systemKW × insolation × 365 × orientation × (1 − degradation)^(year−1). District insolation is read from the Sri Lanka Sustainable Energy Authority solar atlas — values range from 3.9 kWh/kW/day in Nuwara Eliya to 5.2 in Jaffna. The orientation multiplier is 100% for south-facing, 92% for east/west, 80% for north. Annual panel degradation defaults to 0.5%/year, the mid-range warranty figure across major Tier-1 module manufacturers.

2. Allocating self-consumption, exports, and imports

Under Net Metering, the calculator caps offset at the smaller of generation and consumption. Any surplus is treated as banked kWh credit with no cash value — that matches CEB's SOP for net-metered customers. Bill-after is computed by walking the PUCSL block schedule at the reduced monthly import, never falling below the minimum monthly fixed charge.

Under Net Accounting, self-consumption is assumed at 35% of generation (SEA reference figure for a residential daytime load profile) and capped at actual consumption. Exports are credited at Rs 22.00/kWh per the PUCSL gazette. The remaining import is billed at the block schedule.

Under Net Plus, all generation is exported. Earnings are paid at the PUCSL feed-in tariff for the tier matching your system size (≤10 kW, 10-100 kW, 100-500 kW) — different rates for years 1-7 vs years 8-20. The customer continues to pay their full electricity bill since Net Plus is a pure-export contract.

3. 20-year cash flow

Each year's net cash impact is net = billBefore − billAfter + earnings. Avoided-bill components grow at the tariff-inflation rate you set (default 8%/yr, the CEB rolling average since 2020). Net Plus feed-in tariffs are PUCSL-fixed for 20 years and therefore not inflated. The simple payback year is the first year cumulative net cash flow crosses zero (linear-interpolated within the year).

4. Carbon offset

CO₂ saved is generation × 0.53 kg/kWh — the SEA Sri Lanka Energy Balance 2023 grid emission factor. Reported per year and across the 20-year horizon.

Cross-check

A second helper computes the layperson's simple payback as systemCost ÷ year-1 net cash and surfaces it next to the modelled payback. The two should agree to within ±0.5 years when degradation and inflation are modest. A larger gap is a hint to sense-check your inputs.

Worked examples

5 kW Net Metering · Colombo household

wet zone · 4.2 kWh/kW/day450 kWh/monthRs 1,200,000 system
  1. Annual generation: 5 × 4.2 × 365 × 1.00 = 7,665 kWh
  2. Annual consumption: 450 × 12 = 5,400 kWh
  3. Generation > consumption — no net import
  4. Bill before (Y1): 12 × Rs 26,690 = Rs 320,280
  5. Bill after (Y1): 12 × Rs 540 minimum fixed = Rs 6,480
  6. Year-1 saving: Rs 313,800
  7. Payback ≈ 3.5 yr (0.5% deg, 8% inflation)

8 kW Net Plus · Hambantota guesthouse

dry zone · 4.6 kWh/kW/dayRs 1,800,000 system≤10 kW FIT tier
  1. Annual generation: 8 × 4.6 × 365 × 1.00 = 13,432 kWh
  2. Year 1-7 FIT: Rs 27.00/kWh × 13,432 = Rs 362,664/yr
  3. Year 8-20 FIT: Rs 22.00/kWh (PUCSL gazette)
  4. Customer still pays full electricity bill (Net Plus is pure export)
  5. Simple payback: 1,800,000 ÷ 362,664 = 4.96 years
  6. 20-year net cash flow: Rs 4.0M+ (degradation modelled)

3 kW Net Accounting · Kurunegala home

intermediate · 4.4 kWh/kW/day220 kWh/monthRs 650,000 system
  1. Annual generation: 3 × 4.4 × 365 × 1.00 = 4,818 kWh
  2. Self-consumed (35%): 1,686 kWh; exported: 3,132 kWh; imported: 954 kWh
  3. Bill before (Y1): Rs 127,080
  4. Bill after (Y1) at 79.5 kWh/month: Rs 21,638
  5. Export credit: 3,132 × Rs 22.00 = Rs 68,898
  6. Year-1 net cash: Rs 174,340
  7. Payback ≈ 3.7 yr — fastest among the three schemes for this case

Frequently asked questions

Sources & references

PUCSL tariffs, SEA insolation factors, and the grid emission factor were last cross-checked on 2026-05-16. The page is reviewed when any gazette is amended. Calculations cited on this page reconcile to PUCSL/CEB sources within ±1%.

Related tools

Rate this tool
Be the first to rate

Comments & feedback

Spotted a bug or want an improvement? Tell us — our team reviews every comment, and good ideas get built. Comments are public and anonymous.

Spotted an outdated tariff, a calculation mismatch, or want an extra scheme covered?

Email me at [email protected] — most fixes ship within 24 hours.