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How much do solar panels cost?
The Energy Saving Trust puts the average home solar system at around £7,600 for about 4.5 kWp, roughly 12 panels. Installation in a home currently has 0% VAT, under the relief scheduled to run until 31 March 2027. Prices vary with roof access, scaffolding and the equipment chosen, so compare at least three quotes.
The Energy Saving Trust says battery storage tends to cost around £5,000 to £8,000. Its battery guide gives a wider range of £1,500 to £10,000 and around £4,600 for a 5 kWh system.
How long do solar panels take to pay for themselves?
It depends on the cost, how much the panels generate, how much of the electricity you use yourself and what you are paid for exports. The Energy Saving Trust publishes payback estimates for different parts of the UK and for people who are home all day, half the day or out. Divide the cost by your realistic yearly saving, and allow for the inverter, which usually needs replacing after around 12 years.