Metrics
Here's an example:
How is it calculated?
It is calculated by the formula:
Where can I find these two values?
Total Solar Savings and Total Solar Spend could be found at the bottom part of Cash Flows on the Proposal, under the columns "Yearly Savings" and "Solar Bill" by default.
Here are screenshots for reference:
Case in point
If we see the ROI as earlier shown, it is equal to 80.23% for this job.
If we then use the formula above, let us see if we'll get this value if we divide the Total Solar Savings by Total Solar Spend.
Values:
Total Solar Savings = $25,468
Total Solar Spend = $31,744
Calculation:
ROI = Total Solar Savings/ Total Solar Spend
ROI = $25,468/$31,744
ROI = 0.8022933468
ROI = 80.23%