How much are commercial solar panels?
The cost of commercial solar panels can vary depending on several factors, such as the size of the system, the type of panels used, the location of the installation, and any additional equipment or services required.
On average, the cost of a commercial solar panel system in the UK ranges from around £5,000 to £20,000 per kW installed, with larger systems generally costing less per kW. For example, a 50 kW system may cost between £200,000 to £250,000, while a 200 kW system may cost between £700,000 to £800,000.
It’s important to note that the cost of solar panels has decreased significantly in recent years, and the UK government offers various incentives and schemes to support the adoption of renewable energy, such as the Feed-in Tariff and the Smart Export Guarantee. These schemes can help to reduce the upfront costs of installation and provide ongoing payments for the energy generated by the system.
When considering the cost of commercial solar panels, it’s also important to factor in the long-term savings and benefits, such as reduced energy bills, protection against future energy price increases, and improved sustainability credentials. A well-designed and maintained solar panel system can provide a reliable and cost-effective source of energy for commercial buildings over the long term.