Solar panel installation is continuing to rise in popularity across the UK. According to a recent report, more than 10 million homes in the UK will have solar panels installed.
If you are among those who have not yet made the switch to solar energy, you might be wondering if getting solar panels in 2021 is worth the investment. Some homeowners are reluctant to install solar panels because they think it’s too expensive, but solar panel installations today are more affordable than they’ve ever been.
In 2021, solar panel installation is more than 60% cheaper than it was in 2010. It costs around £6,000 – £7,000 to install a solar PV system at an average-sized home. However, many factors will influence the price of your solar panels, and you should do your homework before choosing solar panels for your home.
So, how much will your solar panel installation cost?
How Much Does Solar Panel Installation Cost?
Several factors will influence the price of your solar panel installation. Factors such as the size of your PV system, the solar panel brand, and the spec of your solar panels will determine the overall price.
Solar panel systems are available in different sizes, influencing the amount of electricity the system can generate. The size of the solar system you choose will largely depend on your family’s energy needs and what you can afford. The average cost of a 1kW solar system is £1840, while a 4kW system will cost roughly £6000. If you have a three-bedroom house, you would need to install a 3-4kW system due to higher electricity demands, which would cost you around £5000 – £6500.
The brand and quality of the panels themselves influence their price too. For example, polycrystalline silicon panels (the blue ones) are often slightly cheaper than the black monocrystalline silicon solar panels (the black ones). It is essential to consult an accredited installation company, such as
Applegarth, to help you choose the right type of solar panel for your home.
How Many Solar Panels Do You Need?
The number of people occupying your household and the size of your home will influence the size of your solar PV system, and ultimately, the number of solar panels you need to install.
There are no strict guidelines to solar panel sizing, so different manufacturers produce panels in different sizes. Generally, a solar system of 1kW will need more than 8 square metres of roof space. A more extensive system of 4kW, on the other hand, will need roof space of more than 25 square metres.
To simplify the purchasing process and prevent choosing incorrect panels, you should reach out to an experienced solar panel installation company. Your solar installation company will choose the most appropriate solar PV system based on the size of your roof and assess whether any panels can be installed at ground level.
Is it Still Possible to Make Money from Solar Panels?
It is very much still possible to make money from solar panels. Homeowners can benefit from the Smart Export Guarantee (SEG) scheme and higher property values after installing solar panels.
Before March 2019, homeowners could earn money for the energy their solar PV system generated under the Feed-in Tariff (FiT) scheme. Although the FiT scheme is now defunct, homeowners can use the SEG scheme to make a return on their solar panel investment.
The SEG scheme allows solar PV system owners to earn money. You must produce less than 5MW of electricity to make use of SEG. Under the new scheme, energy suppliers determine their own tariffs, which differs significantly from the previous FiT scheme.
A solar panel installation can also realise a return when you put your home on the market as it increases the resale value. Today, many first-time buyers are more environmentally conscious, and other buyers may already own a property with a solar PV system installed. As a result, more buyers are looking to purchase properties with quality solar panels installed.
Why Choose Applegarth for Solar Panel Installation?
Although solar panels are more affordable than ever before, they are still a considerable investment. High-quality solar panels will cost you thousands of pounds. Choosing the right solar PV system can be complicated, but with an experienced installation company by your side, it doesn’t have to be.
At Applegarth, we specialise in renewable energy installations and can simplify your solar PV system installation process. We have been providing homeowners, businesses, and public authorities with expert solar PV installation since 2006. As an accredited solar PV installation company, we can provide invaluable advice to ensure that you choose the right solar panels for your property the first time around.
Whether you need help choosing the right solar PV system for your home or want to know more about how you can benefit from energy savings, we can help.