How much do solar panels cost?

The price of a typical 3.5 kilowatt-peak PV solar panel system is about £7,000. Based on the Energy Saving Trust's figures, it could take someone living in the middle of the country, in a typical home, anywhere between 12 and 17 years to recoup the costs of installing panels, based on current Energy Price Cap rates.

Do you own solar panels?

You OWN the solar panels. Under these schemes, you pay for solar panels over a fixed period, say 20 years. There are no upfront costs, and instead you pay a monthly fee, which usually covers the solar panel and battery installation, repairs and maintenance.

How much does a solar panel cost in the UK?

The average cost of a solar panel system for a typical three-bedroom house in the UK is £9,600, including a battery. ✅Solar panels can save you up to £1,014 annually, totalling nearly £30,000 of savings over their lifespan. ✅Adding a solar battery can boost your energy savings by up to 90 per cent.

How do solar panels save money?

There are two ways you save money with solar panels: Savings in electricity bills: A 4kWp solar panel can save you around £200 - £500 in electricity bills.* These savings add up, offsetting the installation cost in a few years.

Why do solar panels cost so much?

Solar panel quality significantly impacts their cost. Higher-quality panels, made with superior materials and advanced technology, offer greater efficiency, longer lifespans, and better warranties. This higher upfront cost is justified by increased energy production and durability, leading to greater long-term savings and reliability.

Do you need a solar panel installer?

If you’re already sold on solar panels, then go right ahead and find a trusted solar panel installer to help you harness the power of the sun. You’ll only find trades who meet our high standards and pass our quality checks on Checkatrade. How much do solar panels cost? The cost of solar panels per kW system vary.