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
11,540,000EUR26,930,000

Market benchmark: 0.50 EUR/Wp — below the benchmark by 74%

Verified: 04.08.2026

Financing models

60.47%
Equity IRR
30,178,740EUR
NPV at WACC
44.29EUR/MWh
LCOE
Minimum DSCR
No debt service
1.69years
Payback period
3,507,505EUR
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 purchase60.47%
  • Operating lease433.91%
  • Project finance171.96%
  • ESCO / OPEX model

NPV at WACC

  • All-cash purchase30,178,740
  • Operating lease30,302,331
  • Project finance30,500,334
  • ESCO / OPEX model26,981,245

Equity engaged

  • All-cash purchase5,000,000
  • Operating lease500,000
  • Project finance1,500,000
  • ESCO / OPEX model0
44.29EUR/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 13,507,5053,507,5053,507,5052,706,365
NPV at WACC30,178,74030,302,33130,500,33426,981,245
Project IRR60.47%58.64%60.47%
Equity IRR60.47%433.91%171.96%
Payback period1.690.230.590.00
Discounted payback period1.860.250.630.00
Minimum DSCR6.94
Average DSCR7.57
Total benefit over the horizon68,728,96562,953,48763,894,19653,197,360
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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