Solar panels are being installed on the rooftops of homes across the UK. We all understand that solar energy is clean, sustainable and free to generate, but how much does a solar energy system cost to fit initially? This is a valid question, and it is important to know the price of equipment and installation before you begin the process.
Solar panels are being installed on the rooftops of homes across the UK. We all understand that solar energy is clean, sustainable and free to generate, but how much does a solar energy system cost to fit initially? This is a valid question, and it is important to know the price of equipment and installation before you begin the process.
A typical 4kW solar panel system, suitable for an average UK home, costs approximately between £5,000 and £6,000. Over its 25-year lifespan, you could save thousands on energy bills, with an estimated payback period of 8 years. This means more than half of the system’s lifetime could be spent enjoying free energy. Of course, if energy prices continue to rise rapidly, the savings could be larger than this. Generating your own power helps stay resistant to utility bill hikes.
When considering fitting solar, it’s important to be aware of additional expenses that might arise over time. Here’s a breakdown of some common costs associated with solar panel systems:
When considering fitting solar, it’s important to be aware of additional expenses that might arise over time. Here’s a breakdown of some common costs associated with solar panel systems:
