The pv solar panels prices in ireland are an excellent investment for Irish households that want to reduce their electricity bills, reduce greenhouse emissions, and live a sustainable lifestyle. With energy bills doubling in some cases over the past decade, it is time to think about alternative power sources and look for a long-term solution.
A solar system is a one-time cost that will last for decades and save you money from the first day it is installed. In addition to this, it will add value to your home and improve its BER (Building Energy Rating) rating.
Navigating the Green Energy Revolution: Understanding PV Solar Panel Prices in Ireland
There are three main factors that determine the price of a solar energy system in Ireland; the type of panel, its efficiency, and the number of panels. The most popular type of panel on the market is a monocrystalline panel that is made from a single silicon crystal. There are also polycrystalline and thin-film solar panels available, although they have lower efficiencies and are therefore more expensive.
With a medium-sized system, the average Irish household can knock a third off their electricity bill by installing four to six panels and a battery. These systems typically cost around EUR5,500 to include the inverter, controls, and meters, with a SEAI grant reducing this by up to EUR2,400. As a result, homeowners can expect to see their investment pay for itself in 12 years or less, depending on the price of electricity. However, with energy costs set to continue to rise, that payback period could be significantly reduced in the future.