A solar panel system will undoubtedly come with initial solar panel costs, but they come with a multitude of benefits that make them a worthwhile investment! With the sun’s energy by our side, switching to solar photovoltaic systems is one of the smartest decisions you can make today. This is especially true as we continue to see energy prices soar while solar panel prices continue to drop. Although at first glance, the upfront solar panel investment might seem a bit steep, it can substantially lower your energy bills. What’s more, it’ll even allow you to earn money through programs like the Smart Export Guarantee (SEG).
But how much do solar panels really cost in the UK? That’s a question many homeowners are asking. On this page, we’re going to break it down. We’ll go over all the factors that influence solar installations from initial installation fees to ongoing maintenance expenses, helping you understand whether solar is right for your home.
On this page, you’ll learn:
Solar energy is a long-term investment that can yield great returns.
Let’s explore the average solar panels costs and whether their many advantages make them a worthwhile investment for you and your home:
DID YOU KNOW… We at Soly offer cutting-edge 435W Tier 1 solar panels, industry-leading guarantees of up to 25 years, pioneering low-voltage, high-safety technology, and the ability to view your savings in real time with the Soly app.
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When it comes to the average solar panel costs, residents will find that prices vary. They’re based on Solar PV system size, type, and solar panel efficiency. While there are several components involved in setting up a solar power system, here’s a general breakdown of costs across small, medium, and large solar systems:
Notes:
The average solar panel costs in the UK for a three-bedroom house ranges between £6,000 and £8,000. This depends on the size of the solar panel system and the specific installation requirements.
Solar panels not only help save on electricity bills, but homeowners can also earn money through programs like the Smart Export Guarantee SEG. This is because they’re able to sell excess energy back to the grid. We keep seeing the solar panel cost drop, and this makes it more affordable for UK homeowners to invest in the sun’s energy.
When it comes down to it, several factors influence solar panel costs.
Those key factors include the type of panels you choose (whether that’s monocrystalline solar panels, polycrystalline solar panels, or thin film solar panels), solar panel system size, and even the condition of your roof. Let’s talk about these a bit more below:
Solar panels typically have different price points and levels of efficiency. Let’s take a look below at the three main solar panel types in detail:
The best solar panels typically have 20% efficiency or even higher! Of course, choosing between the three of these is really going to come down to what your home’s energy needs are, along with your budget and the size of your roof.
Keep on reading: Polycrystalline vs Monocrystalline solar panels
Solar panel costs increase with solar panel system size.
The higher the number of solar panels, means the higher the costs.
However, it also means more electricity generated and increases the potential savings you can make on your energy bills through things like the Smart Export Guarantee (SEG) and the obligations companies have to support renewable energy.
This is because more solar panels are needed to meet the demand for more electricity. To calculate how many solar panels you need for your home, you can use the following formula:
DID YOU KNOW… Number of panels needed = Daily household energy usage (kWh) ÷ Solar panel output (kW) x 4.19 (average UK sunlight hours) x 0.75
You can also use Soly’s online configurator to get an instant estimate. With our tool, you can input your energy requirements, roof type, and location to get a real-time cost estimate.
The most common solar installation in the UK is a 3.5 kW system, which typically powers a three-bedroom house and requires around 10 solar panels.
When you’re thinking about solar panel installations, the type of roof you have and where you are located can have quite an impact on both the cost and the efficiency of your system. It’s important to understand these factors so that you can determine what adjustments, if any, are needed in order to truly maximise your solar panel investment. Let’s explore this below:
3.1 – Roof condition
Your roof must be structurally sound to support the weight of solar panels. In some cases, your trusted, local solar panel installer may even recommend that you have a structural expert take a look at and evaluate your roof. If repairs or reinforcements are needed, those costs will be included in your quote.
3.2 – Optimal roof slope
A slope between 30 and 40 degrees is ideal for getting the most out of the sun’s rays. If your roof has a slope outside this range, specialised mounting systems may be required. This can increase the total solar panel installation cost.
3.3 – Roof orientation
3.4 – Geographic location & Shade
3.5 – Regional Sunlight Variations:
3.6 – Pre-installation roof inspection
Before your solar panel installation, the best solar panel installers will thoroughly inspect your roof to spot any potential issues upfront. If they find any structural problems or necessary adjustments, these could add to the overall cost of your installation.
However, at Soly, we use the most innovative satellite technology to remotely assess your roof during the consultation stage. After that, we carry out a technical validation process using images provided by you. If any further inspection is needed, we can arrange for an on-site technical visit. We can do all of this without adding costs on installation day. This way, your roof is ready to go and the panels can be safely installed.
When you install solar panels, it involves several steps. These include assessment, design, scaffolding, electrical work, and installation. Labour costs vary depending on your location in the UK. Many times, urban areas like London, for instance, tend to be more expensive. Below are some average labour costs based on solar panel system size:
When it comes to solar panel installations, a few important steps must be taken to make sure everything is set up correctly and safely. Here’s a quick look at what you can expect when accredited installers come to set up your system:
Aside from the panels, other parts of the solar system can add to the overall cost of your setup. While some of these extras are optional, they can really boost your system’s performance and make it even more efficient.
A solar battery storage system lets you store any extra energy your solar panels generate during the day, so you can use it at night or when it’s cloudy. While it’s not a must-have, more and more homeowners are choosing to add a solar battery storage system to their installations. Why? Because it allows them to maximise their solar investment, achieve greater energy independence, and rely less on the grid, making their home even more energy-efficient.
Here’s what solar batteries generally cost:
The solar mounting system plays a crucial role in securely attaching your solar panels to your roof. The cost depends on factors like the type of roof and how complex the installation is.
Typically, you can expect to pay between £255 and £765 for the mounting system. Of course, this will all largely depend on the solar panel system size.
While solar panels are known for their durability and low maintenance requirements, there are still some ongoing costs to consider to ensure your system operates efficiently over its lifespan. Here’s a breakdown of what you might expect:
It’s important to factor these ongoing costs into your budget when considering installing solar panels. However, it’s worth noting that these costs are relatively low compared to the significant savings you can make on your electricity bills over the lifetime of your solar panel system.
When you decide to make the switch to solar, it certainly doesn’t have to break the bank. You can explore the many options that are out there. These solutions can help you to save on the cost of solar panels and maximise long-term savings overall. Below, we’ll walk you through some of the most effective ways to cut down on the expenses and see just how much you can potentially save on your energy bills:
Switching to solar energy is made even more affordable thanks to various solar panel grants and funding options available in the UK. Homeowners can take advantage of programs like ECO4, which offers funding for energy-efficient upgrades to low-income households, and HUG2, providing up to £10,000 for homes off the gas grid to improve energy efficiency.
Additionally, the Smart Export Guarantee (SEG) allows homeowners to earn money by selling excess energy back to the grid. There’s also the Solar Together scheme, a group-buying program that helps communities purchase solar panels at discounted rates, and the 0% VAT on solar panels, which applies until 2027. These grants and incentives reduce the upfront cost of solar panels, making the switch to renewable energy much more accessible.
When it comes to financing solar panels, homeowners in the UK have several options to ease the upfront cost. You can opt for personal loans, which allow you to spread the cost over manageable monthly payments, or consider leasing and subscription plans, where you don’t own the system but benefit from reduced energy bills.
Soly also offers flexible payment options, including deposit-based financing, to make solar energy accessible to more people. For example, our financing option allows you to start with a £500 deposit. With this flexible payment plan, the remainder is only due once your system is fully installed and operational.
According to Energy Saving Trust in 2023, with solar panel costs, UK households with a 3.5 kW solar PV system, could save around £465 per year on their energy bills. However, at Soly, we’ve uncovered that the savings can be even higher than that.
Using our online configurator, households can save up to £1,300 per year. This will depend on their location, roof orientation, and electricity usage. Overall, these savings come from reducing how much you rely on electricity usage from the grid and how much you generate electricity using your solar panel renewable energy to offset those rising energy prices.
Average solar panel costs in the UK can range anywhere from £5,375 to £13,425. This will largely depend on the solar panel system size, roof complexity, and any additional features like a solar battery, or microinverters. Solar panel prices for a 3-4 bedroom home with a 3.5 to 4 kW solar system installation generally costs around £6,000 to £8,000 on average.
Absolutely. The cost of solar panels has been steadily decreasing over the years. Solar technology is continuing to improve and with that, the demand for solar increases. This means that solar panel efficiency has risen while solar panel prices have fallen. With government incentives and grants like the Smart Export Guarantee (SEG), solar panel cost is much more affordable.
Martin Lewis, a well-known financial expert, has spoken positively about solar panels. He states that solar panels “can be a smart way to spend your money.” He also says that, “although the initial cost might seem high, over time, you can save money on energy bills and even earn some money from government programmes.” These benefits make solar panels a good investment.
Yes, buying solar panels in the UK is worth it for many homeowners. Solar energy helps reduce electricity bills, increases property value, and offers environmental benefits by lowering your carbon footprint. With savings of up to £1,300 per year and various government incentives available, solar panels provide a solid return on investment.
The average solar panel costs for a 3.5kW system are between £6,000 and £8,000. In terms of how much do solar panels save you, it can save you anywhere from £465 to £1,300 annually, depending on various factors like location and usage.
Solar panel payback time is relatively short. Most homeowners break even within 7 to 15 years, so this makes it a smart investment in the long run for electricity costs and savings. You’ll be able to reduce your reliance on the grid and become more energy-independent.
There’s no doubt about it, with government grants and the current Zero VAT on solar panels, they have certainly become one of the most cost-effective and environmentally sound investments in the UK.
In short, solar panels are worth it for most UK homeowners, especially those with high electricity usage and a south-facing roof. Even in those less sunny areas, solar panels typically lead to significant savings for the long-term.
At Soly, we make solar energy accessible and ensure your photovoltaic system lasts as long as possible, performing at its best. Here’s why we’re the ideal choice for your solar energy journey:
Reach out to our solar experts today to discover how Soly can help you transition to clean, renewable energy with the best products and financing options.