Domestic Solar Panel Prices
How Much Do Solar Panels Cost?
Over the last 20 years the price of PV modules has fallen dramatically, from around £15 per Wpk in 1980 to current prices of around £3.50 per Wpk. Solar PV is still a more expensive technology than some other forms of renewable energy, but it has the advantage of using highly reliable (largely maintenance free) components.
Example of the Initial Set-Up Costs and Return on Investment for the Installation of a Solar Power System in the UK
A 4kWpk PV Solar Panel system, costs less than £6,500 to install. The total return generated over 20 years would be approximately £23,000.
How it Works
- Firstly, the electricity company pays you about £14,000 for generating 64 megawatt hours over 20 years, regardless of where the energy is used...
- In addition, if half the electricity generated) in this example 32 MW Hours) is used in your property this will result in an electricity bill saving of approx £7,000 over the 20 years
- As a further benefit, the electricity generated but not used in your property ()in this example 32 MW Hours) is exported to the electricity company using your existing 'mains' connection, attracting an additional export tariff payment to you of approx £32,000 over the 20 years.
Get a Quote Today
If you're interested in solar panels for your home please fill out the form below and we will be in touch, please provide as much information as you can. Alternatively, for more information or to talk to one of our experienced advisors please call us on 0800 988 3188.
Geo Green Power have provided professional and yet friendly service...extremely helpful at every stage, always answering the smallest of queries promptly. All workmen have been informative, polite and helpful. We would definitely recommend them to anyone considering installing solar panels. We wish the company all the best!
We found your service efficient and enquiries polite and considerate. I would definitely recommend your services to anyone who is looking for solar, in fact we have another farm building which will be sorted after Christmas, and would think we will be contacting you again. Thank you once again.
Thank you for all your hard work. Everything was completed efficiently and professionally and I’m now saving and making cash thanks to my solar PV system. I like checking my meter just to see how much money I've made! Solar panels are a great investment and I’m recommending Geo Green Power to everyone I meet.