Skip to content
Calculator Tools
Home Electricity Calculators

Energy Savings Calculator

Savings from an efficiency upgrade, with payback period and lifetime return.

Enter values

Results update as you type.

Result

First-year saving

$280.00

Energy saved per year
1,000 kWh
Simple payback
8.93 years
Lifetime saving
$5,606.60
Net benefit
$3,106.60
CO₂ saved per year
233 kg
Return on investment
124.3 %

About the Energy Savings Calculator

Savings from an efficiency upgrade, with payback period and lifetime return.

Also known as: efficiency savings calculator, energy upgrade payback, insulation savings, appliance upgrade savings.

How to use this calculator

  1. Enter current annual energy, expected reduction, cost per kwh, cost of the upgrade and the other fields.
  2. The result updates instantly as you type — press Calculate (or Enter) at any time.
  3. Review the breakdown shown under the main result.
  4. Use Copy result or Share to save the answer or send a link with your inputs.

Formula

saving = current use × reduction % × rate

Worked example

Using the values pre-filled in the calculator above:

  • Current annual energy = 4,000 kWh
  • Expected reduction = 25 %
  • Cost per kWh = 0.28
  • Cost of the upgrade = 2,500
  • Expected lifetime = 15 years
  • Annual energy price rise = 4 %

the calculator returns:

  • First-year saving: 280
  • Energy saved per year: 1,000 kWh
  • Simple payback: 8.93 years
  • Lifetime saving: 5,606.6