How much does a solar panel system cost?

Solar electricity is low carbon, renewable energy. A typical home solar panel system could save around one tonne of carbon per year, depending on where you live in the UK. That’s the equivalent of driving 3,600 miles, or from London to Bristol 30 times. The average domestic solar panel system is 3.5kWp and costs around £7,000.

How much does a solar PV installation cost per kilowatt?

The mean average cost per kilowatt of a small solar PV installation (0-4kW) is above £2,000 for the first time since these records began in 2013/14. Prices for larger solar installations (4-10kW) increased even more dramatically - by 31% since 2021/22.

How much does a solar panel cost in the UK?

The average cost of a solar panel in the UK based on a 350-watt panel is currently between £500 and £800. However, please bear in mind that this is the price for a single solar panel and does not include the professional installation or any other extras e.g. pigeon proofing. With that said, let’s explore some common solar installation scenarios

What costs should you consider before installing solar panels?

There are two other potential costs you should look into before installing solar panels, these are maintenance costs and repair costs.

How much does a photovoltaic system cost in the UK?

• A household in the UK installs a 5kW photovoltaic system costing £8000 (average cost), which would generate approximately 4320 kWh of electricity annually. • The annual SEG income in the UK would be £324 per annum.

What is included in a complete solar panel installation?

Please bear in mind that a complete solar panel installation does not simply include the costs of the solar panels themselves, but also includes the following: Solar panel brackets. Solar panel inverter. Solar panel brackets. Installation i.e. labour costs of the installer. Cost of the solar battery storage system (although this is optional).