How Much Does a Solar Panel System Cost in 2024?
Here is a detailed breakdown of the costs for different house sizes, which includes both the equipment and installation fees:
Price Before Grant
SEAI Grant
Website Discount
Cost to customer
Solar Array Size
Electricity Generation / year
These are average costs and can vary based on specific property characteristics and market fluctuations. For accurate estimation on pricing & SEAI grant and to take advantage of our exclusive discounts, fill out our solar calculator at Kirra Energy.
Two-Bedroom Terraced House: Solar Costs and Performance
Here is a detailed breakdowInvesting in a solar panel system for a typical two-bedroom terraced house can be both cost-effective and eco-friendly. Here are the details for 2-Bed Terraced House:n of the costs for different house sizes, which includes both the equipment and installation fees:
Cost to Homeowner: €4,990
This cost is after applying the SEAI grant of €1,600 and an additional 15% website discount from the original price of €7,579.
Solar Array Size: 2.61 kWp
The system consists of 6 x 435w panels, which is suitable for the majority of a south-facing roof.
Electricity Generation: 2,407 kWh / year
This is the estimated amount of electricity that the solar panels will generate annually, assuming a south-facing roof at a 30° angle.
Payback Period: Approximately 6-7 Years
Based on the average payback period for solar panels in Ireland, your investment will pay off in about 6-7 years, after which you will benefit from free electricity.
CO2 Saved: Approximately 1,045 kg / year
By switching to solar energy, you’ll significantly reduce your carbon footprint. This saving is equivalent to driving a car for 8,038 km or taking 1.3 flights from Dublin to New York.
Two/Three-Bedroom Terraced House: Solar Costs and Performance
For homeowners of a two or three-bedroom terraced house in Ireland, solar panels are a smart investment for cost savings and environmental benefits. The following are the specifics based on your home size:
Cost to Homeowner: €5,499
This is the final price after accounting for the SEAI grant of €1,825 and a 15% discount from the website, reducing it from the initial €8,265.
Solar Array Size: 3.48 kWp
The setup includes 8 x 435w panels, which is an optimal fit for a typical south-facing roof.
Electricity Generation: 3,029 kWh / year
The system is expected to generate this amount of electricity each year, assuming the panels are installed on a south-facing roof at a 30° angle.
Payback Period: Approximately 6 years
The investment in solar panels is expected to pay for itself in around 6 years, after which you will benefit from free electricity.
CO2 Saved: Approximately 1,175 kg / year
The CO2 savings are roughly equivalent to driving a car for 9,038 km or taking 1.45 flights from Dublin to New York.
Three-Bedroom Semi-Detached House: Solar Costs and Performance
For those living in a three-bedroom semi-detached house in Ireland, solar panels offer a sustainable way to reduce energy costs and contribute to environmental conservation. Here are the details for 3-Bed Semi-Detached House:
Cost to Homeowner: €5,900
After the SEAI grant of €2,100 and a 15% website discount, the cost is reduced from the original price of €8,539.
Solar Array Size: 4.35 kWp
This configuration includes 10 x 435w panels, which will typically cover a significant portion of a south-facing roof.
Electricity Generation: 3,782 kWh / year
The expected annual electricity generation for this solar panel system, assuming it’s installed on a south-facing roof at a 30° angle.
Payback Period: 5 years and 6 months
The investment in solar panels is expected to pay for itself in 5 years and 6 months, offering free electricity thereafter and acting like a bank account paying 13.4% in interest every year.
CO2 Saved: 1,305 kg / year
By switching to solar energy, you’ll significantly reduce your carbon footprint. This saving is equivalent to driving a car for 10,038 km or taking 1.6 flights from Dublin to New York.
Four-Bedroom Semi-Detached House: Solar Costs and Performance
A solar panel system for a four-bedroom semi-detached house in Ireland represents a significant step towards energy independence and environmental stability. Below are the specifics for a 4-Bed Semi-Detached House:
Cost to Homeowner: €5,900 or €6,450
The cost varies depending on the solar array size chosen. After the SEAI grant of €2,100 and a 15% website discount, the price is reduced from either €8,539 or €9,833.
Solar Array Size: 4.35 kWp or 5.22 kWp
You can choose between 10 x 435w panels or 12 x 435w panels, depending on your energy needs and roof space.
Electricity Generation: 3,728 kWh - 4,820 kWh / year
The range in electricity generation reflects the difference in solar array sizes, with the larger array producing more energy.
Payback Period: Approximately 5 years and 3 months
The solar panel system is expected to pay for itself in approximately 5 years and 3 months, offering free electricity thereafter. It will also pay 13.9% interest annually just like your bank account.
CO2 Saved: 1,600 kg / year
By switching to solar energy, you’ll significantly reduce your carbon footprint. This saving is equivalent to driving a car for 12,300 km or taking 1.95 flights from Dublin to New York.
Four-Bedroom Detached House: Solar Costs and Performance
Investing in solar panels for a four-bedroom detached house in Ireland is a significant step towards sustainable living and energy cost reduction. Here are the details for 4-Bed Detached House:
Cost to Homeowner: €6,950
This cost includes the SEAI grant of €2,100 and a 15% website discount from the original price of €10,408.
Solar Array Size: 6.09 kWp
The system comprises 14 x 435w panels, which is an ideal fit for the majority of a south-facing roof.
Electricity Generation: 5,429 kWh / year
This is the estimated amount of electricity that the solar panels will generate annually, assuming a south-facing roof at a 30° angle.
Payback Period: 5 years and 1 month
The solar panel system is expected to pay for itself in just over 5 years, offering free electricity thereafter. It’s comparable to a bank account yielding 14.6% interest annually.
CO2 Saved: 1,663 kg / year
By switching to solar energy, you’ll significantly reduce your carbon footprint. This saving is equivalent to driving a car for 12,792 km or taking 2 flights from Dublin to New York.
What Other Returns Can You Expect from Installing Solar Panels?
Installing solar panels is not just about saving on electricity bills or taking advantage of grants and discounts. There are several other financial and environmental returns that come with investing in solar energy.
Below are key benefits that extend beyond immediate cost savings:
Reduced Energy Bills
Every kilowatt-hour of electricity that your solar panels produce is a kilowatt-hour that you do not have to buy from your utility company. Over time, these savings can be huge, reducing your monthly electricity bills by up to 70%, depending on your system’s size and your household consumption.
Eco-Friendly Investment
Solar panels significantly reduce your carbon footprint. The average residential solar system offsets about 100 tons of CO2 over 20 years, which is equivalent to planting over 2,400 trees. This environmental return is a crucial part of the global shift towards sustainable energy solutions.
Feed-in Tariffs and Net Metering
Depending on your location, you may be eligible for feed-in tariffs or net metering programs. These programs allow you to sell excess electricity generated by your solar panels back to the grid. Not only does this reduce your energy costs further, but it also turns your solar system into a source of income.
Long-Term Savings
Solar panels are designed to last 25 years or more. Once the initial investment is recovered, your solar panels continue to provide virtually free electricity for many years. This equates to decades of utility savings, especially as electricity prices continue to rise.
Government Incentives (SEAI Grant)
In addition to direct financial savings, various government incentives can reduce the cost of solar installation. These incentives, such as tax credits or rebates, can provide additional financial relief during the purchase and installation phases.
How Much Does Battery Storage Cost in 2024?
€,€€Integrating a battery storage system with your solar panels significantly enhances the utility of your installation, allowing you to store excess energy for later use.
Here is an overview of the costs associated with different battery storage options available from Kirra Energy in 2024:
| Battery Size (Including Inverter) | Cost | |
| 5kw Battery (Incl. hybrid Inverter if fitted on same day as solar system) | €2,300 – no VAT | |
| 5kw Battery (hybrid Inverter extra €600) Fitted at later date . | €3,290 – inc VAT | |
| 10kw Battery (Incl. hybrid Inverter if fitted on same day as solar system) | €3,750 – no VAT | |
| 10kw Battery (hybrid Inverter extra €600) Fitted at later date . | €5,000 – inc vat | |
| Hot water (Eddi) | €475 on day of solar install | |
| Up grade to Hybrid invertor at time of install. | €475 on day of solar install | |
Please note that these prices do not include VAT if bought with solar panels. If purchased separately, there is a 13.5% VAT charge plus a €300 callout charge for a second installation visit.
In addition to the battery storage, you might also consider the following options:
- Hot Water (Eddi): For an extra €475, this device allows you to use solar energy to heat your water, enhancing the utility of your solar PV system.
- Hybrid Inverter: For an additional €450, you can future-proof your system to easily integrate a battery later. This option is ideal if you are considering expanding your system’s capabilities in the future.
These additional features not only provide greater flexibility but also increase the overall efficiency and functionality of your solar energy system.
Ready to Switch to Solar? Contact Us Today!
Embrace the power of the sun with Kirra Energy. Our team of experts is ready to guide you through the process of switching to solar, from calculating the ideal solar system size for your home to understanding the costs and returns of your investment.
We’re committed to providing you with a sustainable, cost-effective energy solution that meets your unique needs. With our help, you can reduce your carbon footprint, save on energy bills, and enjoy the benefits of clean, renewable energy.
Don’t wait to make a positive change. Contact us today and let’s take advantage of solar power together in 2024!