If you've been thinking about going solar, you've probably been wondering how much solar panels cost and how much it would cost to install them in your home. After all, although photovoltaic systems can help you reduce your electricity bills a lot, they require an initial investment that you should be aware of.
For this reason, in this post we will tell you in detail the price of solar panels and the cost of their installation. This way you will know how much you would need to start taking advantage of the full potential of solar energy at home.
How much does a solar panel cost?
The price of a solar panel ranges from 100 € to 400 € in most cases.This will depend mainly on the characteristics of the solar panel, its performance and the manufacturer.
At FVComponentes, for example, you can get solar panels from 30 euros upwards. So you don't always need a big budget to take your first steps with a photovoltaic system at home.
How much does it cost to install solar panels on a house?
A solar panel installation at home can cost between €4000 and €7000. Please note that the price would include both the equipment you would need for your system and the labour itself.
Of course, the price can vary a lot depending on the conditions of your photovoltaic installation and the needs of your house. A simple, small installation is not the same as installing a larger photovoltaic system for a house with high electricity consumption or special conditions.
Fortunately, nowadays there are many grants available to finance the installation of solar panels at home, as well as deductions and discounts that you could access for having a photovoltaic system at home.
Not to mention the fact that solar panels will save you a significant amount of your electricity costs.
What does the cost of installing solar panels depend on?
The cost of installing solar panels at home depends on several factors, some of the most significant of which are:
- Brand of solar panels: The brand can have a big influence on the final price of your solar panels, especially since the cost also depends on the quality of the materials and the specifications of the panel itself.
- Number of panels you need: if the system you plan to install will have many panels, the price of the installation will, of course, be higher.
- Quality of solar panelshigher quality solar panels have higher prices due to their characteristics and components. So depending on the quality of the panels you choose for your installation, the final investment amount can vary a lot.
- Location of your homeThe location of your house will also influence the cost of your installation, because depending on the location, you might need more or less panels, or you will have to make adjustments to the installed system to produce the amount of energy you need.
What is included in a quote for installing solar panels?
A standard budget will include the following:
- Number of solar panels to be installed
- Type of inverter to be used
- Batteries to be used
- Labour
- Cost of formalities associated with installation
- Wiring and other components required for the photovoltaic system
Although the final budget may vary from company to company, an average budget will generally include these types of costs.
Nowadays, having your own solar panels at home is easier than ever, and considering the number of grants, subsidies and facilities available to you to install solar panels, the process has become much more accessible.