How much do solar panels costs in 2024?
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Solar Panel Costs
The cost of solar panels in the UK typically ranges between £3,000 – £10,000 for a full installation.
These cost can vary depending on several factors. These include the the number of panels, labour costs and whether a solar battery storage system is included.
To ensure you receive the best value, it’s important to compare different companies and get an idea of how much you can expect to save with solar panels.
Ultimately, with the right research, you can find an affordable solution that meets your requirements and provides a reliable source of renewable energy for years to come.
Solar Installation Costs in the UK
|Number of Solar Panels
|Roof Space Required
|Electricity Generated Annually
|Suitable Household Size
£1,500 - £3,000
About 850 kWh
£3,000 - £5,000
About 1,700 kWh
£5,000 - £6,000
About 2,600 kWh
£6,000 - £8,000
About 3,500 kWh
£8,000 - £9,000
About 4,500 kWh
4 people +
£9,000 - £11,000
About 5,500 kWh
4 people +
Solar panels come in a variety of sizes and configurations. From small standalone panels to larger grid-tied systems. The type of solar panel system you choose will depend on your energy needs as well as the size of your property.
Smaller systems are ideal for homeowners who want to reduce their electricity bill but don’t have enough space or budget to install large-scale systems.
These smaller systems typically range from 1kW–3kW and cost less than larger systems, making them a good option for people who are just starting out with solar power or need a backup source of energy. Installation costs for these systems are also relatively low, saving you money on the initial costs.
Mid-sized solar panel systems are typically 4kW–6kW in size and can provide enough solar energy to power an average family home.
These systems cost more than smaller systems but offer greater energy efficiency. The average cost of installation will be higher since more panels need to be mounted, making it important to look at the long-term savings before committing to a mid-sized system.
No matter what size system you choose, it’s important to consider your energy needs and budget before investing in one.
Analysing installation costs and your average energy consumption can help you determine which system is right for you.
1kW Solar System Cost
1kW systems are suitable for households with one adult. They usually require about 4 panels and prices range from around £1,500 – £3,000. These systems require at least 8m2 of roof space and you can expect generate about 850 kWh per year.
2kW Solar System Cost
2kW systems are suitable for households with two adults. They usually require about 8 panels and prices range from around £3,000 – £5,000. These systems require at least 14m2 of roof space and you can expect generate about 1,700 kWh per year.
3kW Solar System Cost
3kW systems are suitable for 3 member households. They usually require about 12 panels and prices range from around £5,000 – £6,000. These systems require at least 21m2 of roof space and you can expect generate about 2,600 kWh per year.
4kW Solar System Cost
4kW systems are suitable for 4 member households. They usually require about 16 panels and prices range from around £6,000 – £8,000. These systems require at least 28m2 of roof space and you can expect generate about 3,500 kWh per year.
5kW Solar System Cost
5kW systems are suitable for households with more than 4 members. They usually require about 20 panels and prices range from around £8,000 – £9,000. These systems require at least 32m2 of roof space and you can expect generate about 4,500 kWh per year.
6kW Solar System Cost
6kW systems are suitable for households with more than 4 members. They usually require about 24 panels and prices range from around £9,000 – £11,000. These systems require at least 43m2 of roof space and you can expect generate about 5,500 kWh per year.
Reduce The Cost of Solar Panel Installation
The upfront cost of installing solar panels can be a major barrier for many households. But there are several ways you can reduce solar panel costs.
Shop Around: One way to save money on solar panel installations is by shopping around for different quotes from various installers.
Compare prices, warranties, customer service, installation time frames, and other factors to get the best deal possible. To maximise your savings, don’t just go with the first installer you find. Take the time to get multiple quotes and compare them.
Consider DIY Installation: We don’t recommend this unless you have relevant experience. But if you’re handy, you can save money by doing the installation yourself.
However, if you decide to go down this route, it’s important to read up on all the safety precautions. It’s also important to know that product warranties may not be valid unless a professional installer performs the work.
Take Advantage of Bulk Discounts: If you have multiple homes or own a business, look into bulk discounts from suppliers for purchasing multiple panels at once. This can help lower your overall cost and provide added savings compared to buying them one at a time.
The Lifespan of a Solar Panel System
Solar panel systems are designed to last for a long time, with some estimates suggesting they can last of up to 25 years. This will be dependent on several factors such as weather conditions and system designs.
It’s important to keep in mind that solar panels will need regular maintenance over the course of their lifespans, but this should only take 1-2 hours each year.
The lifetime of a solar panel system also varies depending on the environment it’s exposed to. For instance, if the panels are in an area where there is high levels of pollution or dust, this could cause them to degrade faster.
Similarly, if they are placed in a very hot or cold climate then this could also reduce how long they last. It’s important to consider these factors when installing the system.
Taking into account factors such as weather conditions, environment and regular maintenance will help you get the most out of your system and ensure that it lasts for as long as possible.
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Frequently Asked Questions
The cost of solar panel installation is influenced by several aspects. This includes the size and power output of the system, the quality of components and materials used, the complexity of the installation, and any additional features like battery storage.
Solar panels work by capturing sunlight and converting it into usable electricity through the photovoltaic (PV) process. The generated electricity can be used to power your home directly.
Battery storage allows you to store excess solar energy generated during the day and utilise it during peak demand periods or when solar production is low.