Are photovoltaic panels a good investment in Ireland?

Photovoltaic panels can help homeowners and businesses save money on electricity bills by generating clean, renewable energy. The ROI for renewable energy in Ireland depends on the size and cost of the system and the amount of power generated and used. Here’s a breakdown of potential savings and earnings for different system sizes:

What grants are available for solar panels in Ireland?

The Sustainable Energy Authority of Ireland (SEAI) offers grants to lower the cost of installing solar panels. Eligible homeowners can receive financial support to reduce their overall expenses, making solar energy more accessible. Available SEAI grants include: Solar electricity grant: Provides funding for residential solar PV installations.

How much does solar PV installation cost?

Meanwhile, commercial solar panel installation for SMEs might cost around €18,000, or more. Here’s what you might pay to install Solar PV: depending on your type of home, the number of panels you opt for and the system size you choose (excluding grants). On the higher end of the range are families who seek greater energy independence.

Are polycrystalline solar panels a good choice in Ireland?

For Irish homeowners looking for a cost-effective and durable solar option, polycrystalline panels offer a good mix of affordability and performance. These blue-toned panels, made from multiple silicon crystals, work well in Ireland's often unpredictable weather.