← Studies

Solar payback ranked: the best and worst countries to go solar in 2026

Dataset · Updated 25 September 2026 · 29 countries

Hold the hardware constant and solar's payback swings from about 2 years in Mexico to never in France. The same 5 kWp system earns roughly 45.3% a year in Mexico and -2.6% in France. Where you live, not the panels, decides whether solar pays.

Best returns
Mexico
45.3% IRR · 2.2 yrs
Fastest payback
2.2 yrs
Mexico
Weakest economics
France
-2.6% IRR
Countries ranked
29
same 5 kWp system
⬇ Download the dataset (CSV)Free to reuse with attribution (CC BY 4.0).

Return on a 5 kWp system, ranked

#CountryIRRPaybackYieldNet costYear-1 saving
1Mexico45.3%2.2 yrs1614 kWh/kWpMX$112,500MX$51,944
2Greece21.8%4.6 yrs1505 kWh/kWp€4,063€939
3South Korea21.3%4.6 yrs1386 kWh/kWp₩4,100,000₩938,390
4India20.9%4.7 yrs1446 kWh/kWp₹222,000₹50,091
5South Africa20.8%4.8 yrs1661 kWh/kWpZAR 80,000ZAR 17,221
6Brazil20.6%4.8 yrs1354 kWh/kWpR$25,000R$5,427
7Italy18.1%5.4 yrs1325 kWh/kWp€4,756€938
8Malta17.7%5.5 yrs1610 kWh/kWp€6,500€1,237
9Australia17.5%5.7 yrs1498 kWh/kWpA$5,435A$994
10Spain13.6%7.1 yrs1549 kWh/kWp€5,400€805
11Ireland12.2%7.6 yrs944 kWh/kWp€8,075€1,138
12Germany11.5%8.2 yrs1013 kWh/kWp€6,500€830
13Portugal10.2%9.0 yrs1497 kWh/kWp€6,750€792
14Lithuania9.1%9.6 yrs947 kWh/kWp€5,650€636
15Belgium8.6%10.2 yrs1007 kWh/kWp€6,750€692
16United Kingdom7.6%10.8 yrs939 kWh/kWp£8,750£879
17United Arab Emirates7.4%10.8 yrs1618 kWh/kWpAED 25,000AED 2,539
18Netherlands7.3%12.5 yrs993 kWh/kWp€6,750€639
19Japan7.1%12.6 yrs1239 kWh/kWp¥1,250,000¥119,643
20Austria7.0%12.9 yrs1132 kWh/kWp€8,250€771
21Taiwan5.5%14.2 yrs1061 kWh/kWpNT$275,000NT$24,774
22Czechia5.3%14.9 yrs1055 kWh/kWpCZK 210,000CZK 16,639
23Poland4.1%16.5 yrs1014 kWh/kWpPLN 35,000PLN 2,560
24Switzerland2.8%18.8 yrs1129 kWh/kWpCHF 11,700CHF 775
25Sweden2.5%19.5 yrs950 kWh/kWpSEK 78,625SEK 5,031
26Denmark2.1%20.1 yrs1016 kWh/kWpDKK 70,000DKK 4,247
27Canada2.1%20.0 yrs1302 kWh/kWpCA$15,000CA$960
28United States2.1%20.1 yrs1416 kWh/kWp$13,750$862
29France-2.6%No payback1179 kWh/kWp€11,000€385

Annual return (IRR) by country

Mexico
45.3%
Greece
21.8%
South Korea
21.3%
India
20.9%
South Africa
20.8%
Brazil
20.6%
Italy
18.1%
Malta
17.7%
Australia
17.5%
Spain
13.6%
Ireland
12.2%
Germany
11.5%
Portugal
10.2%
Lithuania
9.1%
Belgium
8.6%
United Kingdom
7.6%
United Arab Emirates
7.4%
Netherlands
7.3%
Japan
7.1%
Austria
7.0%
Taiwan
5.5%
Czechia
5.3%
Poland
4.1%
Switzerland
2.8%
Sweden
2.5%
Denmark
2.1%
Canada
2.1%
United States
2.1%
France
-2.6%
How we worked this out (methodology)

For each country we run the same 5 kWp, 35°-tilt system through our public engine, facing the equator (due south in the northern hemisphere, due north in the southern). PVGIS climate data gives the yield at a large city chosen to represent where the country's people live: of its ten biggest cities, the largest whose yield is within 3% of the population-weighted yield of all its cities of 300,000+ (UN World Urbanization Prospects), not the geographic centre, which can sit in mountains or empty interior. The country's verified retail tariff, export rate, install cost and incentive (see DATA_SOURCES.md) give the economics. Only the country changes. Ranked by year-25 internal rate of return (IRR); payback and NPV are shown in each country's local currency. An estimate, not a quote.

Payback and net cost are shown in each country's local currency, so compare countries on IRR and payback (both currency-independent) rather than on the cash figures. Every input (tariffs, export rates, install costs and incentives) is the verified figure behind our calculator; see the per-country sources in our data notes. Figures are estimates, not quotes.

One caveat on the top result: Mexico's standout return assumes the household is on the high-consumption "DAC" tariff (~6.5 MXN/kWh) with 1:1 net metering, the rate solar adopters there actually face, not the subsidised basic tariff most homes pay. It is the right number for a typical solar buyer in Mexico, but not a universal one.

See the payback for your own roof

Free, no sign-up. Your address → payback, NPV, incentives and a 25-year cashflow on real climate data. An estimate, not a sales quote.

Calculate my solar savings →