A how much do solar panels cost in ireland is a great way to save money on electricity and reduce your carbon footprint. It also increases your home value, lasts for decades and is easy to maintain. However, a common question is how much do solar panels cost in Ireland? The answer varies depending on the type of solar energy you want and your home’s roof size. You can also benefit from a government grant that will reduce the price of your system.
Solar Panels Cost in Ireland
The cost of a solar power system can vary, depending on your home size and roof type. However, a basic system for an average three-bedroom house should be less than EUR10,000 including installation and incentives. In addition, you can receive a significant portion of the cost of your solar panel system through a Sustainable Energy Authority of Ireland (SEAI) grant.
Pricing the Sun: Navigating Solar Panel Costs for Your Irish Home
In addition to savings on energy bills, you can benefit from the Smart Export Guarantee which allows you to sell excess energy back to the grid for a further source of income. Taking this into account, you can expect a return on investment of around 8-15% in year one. This is a much better return than most savings accounts and even more impressive when you take increasing electricity prices into consideration.
Solar PV systems use photovoltaic materials that convert sunlight into electricity, while solar thermal systems have fluid in tubes that the sun heats. Both systems can function on overcast days but their capacity will be reduced. A standard solar energy system should generate about a third of your electricity needs, but this will depend on the weather. Adding a battery will help you remain independent from the grid in the event of a blackout.