September 5, 2023

How Much Does a Home Solar Panel System Cost in Ireland?

With electricity price of solar panels ireland constantly on the rise, more and more Irish homeowners are looking into switching to solar power. Solar energy is a sustainable form of renewable energy that can be harnessed to power homes, businesses, and agricultural lands. It can be used to reduce electricity bills and can even help to save the environment.

However, the question is, how much does a home solar panel system cost? The price of a solar PV system will depend on a number of factors, such as the size of your household, the type of panels you choose, and available incentives. The good news is that there are many ways to bring down the price of a solar power system in Ireland, including the SEAI grant and 0% VAT on solar panels and installations since 1st May 2023.

Navigating the Changing Landscape: Understanding the Price Trends of Solar Panels in Ireland

The benefits of a solar power system include a long payback period, significant electricity savings, and reduced carbon footprint. The electricity you generate will be more than enough to meet your own electricity needs, and you can further reduce costs by switching to a green electricity supplier like Energia or Pinergy, which offer a great feed-in tariff of 24 cents / kWh for any excess electricity that is exported back to the grid.

Another benefit of a home solar system is that it does not require a lot of maintenance, and the technology is highly reliable. Unlike wind turbines, solar panels can work well on cloudy or rainy days, making them an excellent choice for most households in Ireland. However, one of the main downsides of solar energy is the high upfront costs. Although the SEAI grants can significantly bring down these costs, you will still need to have a substantial amount of cash saved up in order to install a solar panel system.