How Much Does Solar Panels Cost in the UK in 2024

Solar Panels are revolutionary devices that use the power of sunlight to generate electricity. These panels comprise numerous solar cells; they convert sunlight into direct current electricity through the photovoltaic effect.

Solar panels are a clean and renewable energy source. Their versatility and scalability make them suitable for residential and commercial buildings. As technology continues to advance, solar panels are becoming increasingly efficient.

Speak with solar panel experts to understand the process and requirements. Call us at 0800 112 5050 or send us your questions at office@couttselectrical.co.uk, and we will get back to you as soon as possible.

Let us understand the cost of solar panels based on their capacity and features:

  • 4kWp with 10.5kWh of battery storage

    If you are planning to buy a 4kWp monocrystalline solar panel with a 3.68kW hybrid inverter, it will cost you £10,500 or above.

  • 5kWp with 10.5kWh of battery storage

    If you are planning to buy a 5kWp monocrystalline solar panel with a 5kW hybrid inverter, it will cost you around £11,500 or above.

  • 6kWp with 10.5kWh of battery storage

    If you are planning to buy a 6kWp monocrystalline solar panel with a 5kW hybrid inverter, it will cost you around £12,500 or above.

  • 7kWp with 10.5kWh of battery storage

    If you are planning to buy 7kWp monocrystalline panels with a 5kW hybrid inverter, it will cost you around £13,500 or above.

Factors Affecting the Cost of Solar Panels

There are several factors that can influence the price of Solar Panels; some of them are:

  1. Capacity

    The size of the solar panel directly affects the price. A more extensive system generating more electricity costs more than a smaller one. The system size depends on the size of the family, consumption, space and desired output.

  2. Panel Efficiency

    Solar panel efficiency refers to the ability to convert sunlight into electricity. Higher efficiency means it can produce more electricity per square meter of panel area, and lower efficiency means it can produce less electricity per square meter of panel area. Panels with higher efficiency come with a higher price tag.

  3. Quality and Brand

    The quality and brand of solar panels can significantly influence their cost. Panels manufactured by well-established companies perform well and are more durable and reliable. Investing in high-quality brands is an investment for the house, and the panels can perform under various conditions. Sometimes, buyers bend towards cheaper materials with low durability and credibility.

  4. Installation Cost

    The cost of installation of solar panels comprises of labour, equipment, permits and additional material required for the process. Factors such as complexity, orientation, and accessibility also influence installation costs and expenses.

    Hire a professional to install Solar Panels so that the proper system is followed and there is no error.

    Do you wish to hire a professional for your Solar Panel installation and advice? Call Coutts Electrical Contractors at 0800 112 5050 or send us your doubts at office@couttselectrical.co.uk.

  5. Rebates

    Government incentives and rebates definitely motivate people to install solar panels in their homes. Programs like the Smart Export Guarantee (SEG), Feed-in Tariff (FIT)and Renewable Heat Incentives (RHI) provide financial incentives for using solar panels and using renewable energy.

    You should take advantage of such incentives and schemes to make solar energy more affordable.

  6. Energy Storage

    If the solar panels come with batteries or any other energy storage solution, the overall cost of solar panels is influenced. While energy storage allows for a greater saving and independence, it also requires proper high-tech equipment and installation expenses.

    These advancements and declining prices may make energy storage a cost-effective option in the long run. These storages can also be seen as backup systems of the house and appliances.

  7. Location

    The property’s geographical location can influence the cost of solar panels. The amount of sunlight, exposure, weather conditions and regulatory requirements also determine the price of solar panels and technology.

    If your place has abundant sunlight and supportive renewable policies, your installation cost will be cheaper than a place with less favourable conditions.

Why should you install solar panels?

Solar panels can increase property value, attract buyers and increase economic growth. It also helps in promoting environmental sustainability and creating jobs. Installing solar panels enables you to save electricity bills, emit zero greenhouse gases and make the environment safe and secure.

The installation of solar panels also promotes energy independence by generating electricity and enhancing resilience during power outages.

Conclusion

Installing solar panels not only reduces your energy bills but also saves the environment. In 2024, the cost of solar panels is like a long-term investment. While installation may look costly but, with government incentives and long-term savings, it is a good option.

About Us

Coutts Electrical Contractors will transform the roof of your home so that the solar panels are reliably connected to your property’s electrics. Our solar engineers will advise you on the panels that will be the most appropriate for your roof, ensuring that your service is tailored to your exact requirements. Domestic PV panels are bound to benefit you, and our excellent installation will not disappoint.