Investing in solar panels has become more and more popular for homeowners with many incentives influencing them to make the switch and install solar panels. We are also able to retroactively upgrade and replace solar panel PV systems to improve current systems and install additional aspects such as battery solar storage. This article covers all of the incentives to adopt solar panels in your home. From saving money on your energy bills to reducing your environmental impact and government grants as incentives to help you adopt solar panels, there’s never been a better time to invest in solar PV for your property.
Alternative Energy is one of the leading independent installers of solar panels in Ireland. We can support you with all of the aspects of solar from advising you on the correct system for your property, the suitability of your property and the grants that are available to help offset the initial cost of investment. To arrange for your free solar quote – get in touch with our team today to find out more.
Government Grant Incentives
At the moment, there are grants available for domestic customers in the Republic of Ireland. There are some requirements for this grant, so we will advise you on this during your free consultation. This grant requires the property to be built before 31st December 2020 and had no previous funding. This grant applies to all homeowners and landlords that qualify under this criteria.
Saving Money on Your Energy Bills
For most domestic customers, the savings on household energy costs are the main incentive to install solar PV systems. You are able to generate your own clean electricity and you don’t have to rely on unstable prices or price changes from the grid and major energy suppliers. Depending on the size of your solar panel system, you can expect your solar panels to repay their investment after 8 to 10+ years. If you are able to access the domestic grant in the Republic of Ireland, then this helps with the initial investment and makes returns on your system faster.
The Positive Environmental Impact
With many looking to reduce their overall environmental impact, this is another benefit of installing solar panel systems. The only by-product of the process to generate electricity with photovoltaics is heat, which makes solar electricity one of, if not the cleanest, sources of electricity on the planet.
Increases Your Property Value
Adding solar panels is a simple way to increase the value of your home, and it’s been estimated that solar panels can increase a property price by 3% (Knight Frank, 2022). Prospective buyers are increasingly attracted to properties with solar panels due to the lower energy costs which are often reflected in the EPC/BER certificate. The overall sustainability of a property is also important for would-be buyers keen to take advantage of preferential interest rates associated with green mortgages. System upgrades are also easily completed, with EV chargers and battery storage commonly added to suit requirements for growing families and changing lifestyles.
We are one of the leading independent installers and designers of solar PV systems in Ireland , working across all counties and locations. We will work with you to install the ideal solar PV system for your property and allow you to harness the benefits of solar or improve your current solar panel system. Get in touch to arrange for your free quote.
