Solar panel costs in the UK: 2024 prices
How Much Does It Cost To Install Solar Panels In 2024
Solar installation costs vary. This is because each person is different. You may have different amounts of roof space, energy needs, and different roof tiles to name a few examples. Solar arrays vary in price.
Depending on how many panels you want, it could cost anywhere from £4,000 for small system and up to £16,000 for a larger project.
Just tell me how much!
Without knowing your personal situation, requirements, or roof area, we really can’t say! Keep on reading to find out more and get an idea of cost for your home.
Solar System Average Prices
| Solar System | Average Size | Price Estimate |
|---|---|---|
| 6-8 Panels | 3 kW | £5,000 – £6,000 |
| 8-10 Panels | 4 kW | £6,000 – £8,000 |
| 10-12 Panels | 5 kW | £8,000 – £9,000 |
| 12-15 Panels | 6 kW | £9,000 – £11,000 |
Are you thinking about using the sun's power by putting up solar panels in the UK? You're not alone – more than 1.3 million homes are already benefitting from this green energy source. However, understanding the costs can be tricky. This guide aims to provide all the essential information you need in an easy-to-understand way.
Overview of Solar Panel Costs
1. Cost Ranges
The costs can vary from £5,000 to £11,000, depending on the size of the solar panels. These panels can save you between £450 to £1,100 per year. Many people want to use solar energy, but figuring out the costs and if it's a good idea can be confusing.
2. All-Inclusive Solar Panel Price Guide
To make this easier, we've created a detailed calculator on solar panel prices. It takes you through the different things that affect the cost of solar panels in the UK. Try out solar panel cost calculator here.
These are rough estimates that depend on factors like the type and quality of solar panels, installation complexity, extra equipment (e.g., solar inverters and batteries), and where your property is located.
When talking about roof space, we're assuming 400W monocrystalline solar panels with a size of around 1.7m2, but sizes can vary. Prices may also change based on whether you're installing solar panels in the roof (which can be pricier) or on the roof.
3. 2024 Solar Panel Prices
In 2024, the price of solar panels can vary based on different things. To make it simple, we break down the costs per kilowatt (kW) system. Remember, these prices are close estimates and might change based on your specific situation.
Overview of average costs for solar panels in the UK in 2024:
Solar Panel Information
| kW System Size | Price Range (£) | Number of Panels (400W) | Roof Space | Annual Electricity Bill Savings |
|---|---|---|---|---|
| 3 kW | £5,000 – £6,000 | 8 | 14m² | £486 |
| 4 kW | £6,000 – £8,000 | 10 | 17m² | £729 |
| 5 kW | £8,000 – £9,000 | 13 | 22m² | £973 |
| 6 kW | £9,000 – £11,000 | 15 | 26m² | £1,107 |
Please note: Prices are close estimates and can change based on factors like solar panel type and quality, installation difficulty, additional equipment, and property location.
4. Solar Panel Cost Per M2
When thinking about solar panels in the UK, it's important to understand how they are priced. Solar panel prices are usually measured in terms of cost per square meter (m2). Here's a breakdown of the average costs for different types of solar panels:
Solar Panel Types and Costs
| Type of Solar Panel | Average Cost per m² |
|---|---|
| Monocrystalline | £250 – £350 |
| Polycrystalline | £200 – £300 |
| Thin-Film | £150 – £200 |
These prices are close estimates and might change based on brand, quality, and installation difficulty.
5. Solar Panel Cost Per Kilowatt
The cost per kilowatt can vary based on the type of solar panel. Here's an overview of the average costs per kilowatt for different types of solar panels:
Type of Solar PanelAverage Cost per kWMonocrystalline£1,000 – £1,500Polycrystalline£800 – £1,200Thin-Film£600 – £800
These are average costs and might change based on specific circumstances.
6. Break-Even Point
Curious about when your solar panels will pay for themselves? On average, the break-even point ranges between 9 to 12 years, factoring in excess electricity sent back to the grid or stored with a battery. Beyond this point, you can enjoy years of reduced or free electricity bills.
7. Factors Influencing Solar Panel Costs
Understanding the factors that influence the cost of solar panels is crucial. Key considerations include:
a. Type and Size of Panels
Differences in effectiveness, longevity, and visual appeal exist between monocrystalline, polycrystalline, and thin-film panels. Larger systems typically come with higher prices.
b. Quality and Brand
Reputable brands often offer higher-quality panels with better warranties, albeit at a higher cost. Investing in trusted brands ensures reliability and longevity for your solar panel system.
c. Installation Complexity
The complexity of the installation process, including the type of roof, accessibility, and electrical work required, can influence the overall cost.
d. Mounting Systems and Additional Equipment
Mounting systems, inverters, and additional equipment contribute to the overall expenses. The type and quality of these components can affect the cost.
e. Energy Needs and Consumption
The amount of energy you need and consume plays a significant role in determining the size and cost of your solar panel system. Assessing your energy consumption helps in recommending the optimal system size.
f. Regional Factors and Incentives
Costs can vary regionally due to labor rates and market competition. Various incentives and schemes, such as feed-in tariffs or government grants, can affect the overall cost of solar panels.
8. Additional Costs to Consider
Beyond the initial installation costs, it's essential to consider potential additional expenses:
a. Maintenance
Solar panels generally require minimal maintenance, but cleaning may be necessary for optimal performance. Maintenance costs can include professional cleaning or, alternatively, manual cleaning with a soft brush.
b. Inverter Replacement
Inverters have an average lifespan of 10 to 15 years. Budget for the potential replacement cost when planning your solar panel investment.
c. Monitoring Systems
While optional, monitoring systems offer insightful information and can aid in spotting potential problems. The cost of monitoring systems varies based on features and complexity.
d. Insurance (Optional)
Consider insurance to protect your investment in case of unexpected damages or incidents. Insurance costs can vary based on location and coverage options.
e. System Upgrades
As technology progresses, consider upgrading your solar panel system for more efficient panels or features. Upgrades come with associated costs but can enhance performance.
9. Typical Solar Panel Installation Cost Breakdown
Solar panel installation costs can vary based on several factors. Here's a breakdown of the average installation costs in the UK:
| Cost Breakdown | Average Cost Range (£) |
|---|---|
| Solar Panels | £2,500 - £11,000 |
| Mounting Systems and Racking | £600 - £2,500 |
| Inverters | £1,000 - £3,000 |
| Electrical Work | £600 - £3,000 |
| Energy Storage Systems (Optional) | £2,000 - £10,000 |
| Monitoring Systems (Optional) | £500 - £1,500 |
| Total Installation Cost (Estimated Range) | £6,600 - £31,000 or More |
These are average estimates and can vary based on specific needs, location, and requirements.
10. Smart Export Guarantee (SEG) for Cost Reduction
The Smart Export Guarantee (SEG) is a policy that allows you to earn money by exporting excess solar panel energy back to the grid. Energy suppliers with over 150,000 customers are required to offer an export tariff to eligible system owners. On average, you can earn around 5.5p per kWh.
Applying for the SEG involves choosing a participating supplier. Once approved, you can start earning from your solar panels by exporting energy.
11. Additional Incentives and Grants
Various incentives and grants in the UK aim to encourage solar energy adoption. Programs like the Home Energy Scotland scheme, Home Upgrade Grant, and Energy Company Obligation provide financial support. Staying updated with government programs and guidelines can help take advantage of these opportunities, reducing upfront costs and accelerating the return on investment.
Making the Decision
To make an informed decision about solar panels, it's crucial to get accurate quotes from reliable installers. Solar Guide simplifies this process by connecting you with up to 4 professional installers in your area. Fill out our simple 30-second form to receive free and non-binding quotes tailored to your needs.
FAQ
What is the average cost of installing solar panels in the UK? The average cost of solar panels in the UK ranges from £3,000 to £8,000 for a 1-4 kW system. The specific cost depends on factors like system size, panel type, and installation complexity.
Is installing solar panels in the UK worth it? Yes, installing solar panels in the UK is worth considering for reduced electricity bills, lower carbon emissions, and potential earnings from excess energy. On average, solar panels pay for themselves in 9 to 12 years.
How much will 10 solar panels cost in the UK? The cost of 10 solar panels in the UK can range from £3,000 to £8,000, depending on factors like panel type and brand.
Is a 4 kW solar system worth it in the UK? A 4 kW solar system can be a worthwhile investment in the UK, depending on your energy consumption and financial goals. Consulting with professional installers for personalized quotes is recommended.
In summary, understanding the costs, incentives, and factors influencing solar panel installation can empower you to make informed decisions. Solar Guide's service facilitates this process, ensuring you find the best deals tailored to your needs. Click the button below to start your journey towards energy independence and savings.
Why Choose CRG Direct for Your Solar Installation?
☀️ Peace of Mind with Installation by a Trusted Energy Supplier
☀️ Cost-Effective Solutions: Affordable Packages Available
☀️ Expert Energy Advice and Painless Aftercare with No Call Out Fees
☀️ Product Warranty: 10+ Years Coverage for Solar Panels, Batteries, and Inverters
☀️ 5 Star Reviews On Google
Contact us to arrange a free, no obligation quotation
from our friendly team. We'll get back to you within one working day.
See Our Solar and Battery Installation Services in Action
Solar Panel Installation and FAQ’s
Getting Started with Solar Panels
Dive into the world of solar panel installation with insights into flat roof setups, possible energy savings, how it works, panel options, and more.
Solar Panel Installation and Types
Discover how to participate in the SEG scheme and navigate planning permissions in the UK while exploring the essential concept of DNO approval for a seamless solar panel experience.
Find the best system size for your needs ☀️
Reliable Solar & Battery Services for Your Home
With CRG, you can be sure you’re getting the best results at a cost-effective price. Our highly-rated commercial solar installation services include the following:
Learn more about how our experienced solar energy professionals can help you — simply request a free quote online or call us on 0333 253 3531 today.
Read our great reviews.
From quote to after care we found CRG professional… From start to finish we found CRG helpful, professional and the workmanship excellent.