PV and BESS profitability calculator

The calculator computes IRR, NPV, LCOE, DSCR and payback for PV and BESS projects using market benchmarks for the selected country. All financing models — cash, leasing, project finance and ESCO — run on the same versioned engine.

Example result: PV 1000 kWp, Poland, market benchmark

What the calculator computes

Equity IRR
16.8 %
NPV at WACC
453,425 EUR
LCOE
76.7 EUR/MWh
Minimum DSCR
Payback period
5.8 years
EBITDA year 1
90,250 EUR

The calculations are indicative and based on market benchmarks. They do not constitute investment advice or an offer. A precise analysis requires project data.

Parameters

Technology
50kWp20,000
0%100
40EUR/MWh250
10EUR/MWh150
9,960,000EUR23,240,000

Market benchmark: 0.50 EUR/Wp — below the benchmark by 70%

Verified: 04.08.2026

Financing models

52.63%
Equity IRR
25,431,762EUR
NPV at WACC
46.10EUR/MWh
LCOE
Minimum DSCR
No debt service
1.95years
Payback period
3,025,300EUR
EBITDA year 1

The calculations are indicative and based on market benchmarks. They do not constitute investment advice or an offer. A precise analysis requires project data.

Cumulative equity cash flow

The calculations are indicative and based on market benchmarks. They do not constitute investment advice or an offer. A precise analysis requires project data.

The calculations are indicative and based on market benchmarks. They do not constitute investment advice or an offer. A precise analysis requires project data.

Detailed comparison

Equity IRR

  • All-cash purchase52.63%
  • Operating lease355.92%
  • Project finance145.94%
  • ESCO / OPEX model

NPV at WACC

  • All-cash purchase25,431,762
  • Operating lease25,555,354
  • Project finance25,753,356
  • ESCO / OPEX model23,285,088

Equity engaged

  • All-cash purchase5,000,000
  • Operating lease500,000
  • Project finance1,500,000
  • ESCO / OPEX model0
46.10EUR/MWh
LCOE (technology cost)

Calculated for the all-cash variant. The cost of generating energy does not depend on the financing method.

Comparison table

MetricAll-cash purchaseOperating leaseProject financeESCO / OPEX model
Net outlay5,000,0005,000,0005,000,0005,000,000
Equity5,000,000500,0001,500,0000
Debt / financed amount04,500,0003,500,0000
EBITDA year 13,025,3003,025,3003,025,3002,335,620
NPV at WACC25,431,76225,555,35425,753,35623,285,088
Project IRR52.63%50.82%52.63%
Equity IRR52.63%355.92%145.94%
Payback period1.950.280.690.00
Discounted payback period2.170.300.740.00
Minimum DSCR6.03
Average DSCR6.57
Total benefit over the horizon59,404,70953,629,23154,569,94045,909,861
ESCO / OPEX model
  • The ESCO model engages no equity, so IRR is undefined. Comparison with an outright cash purchase does not account for the loss of asset ownership and residual value after the contract term.

The calculations are indicative and based on market benchmarks. They do not constitute investment advice or an offer. A precise analysis requires project data.

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