Exactly how much a solar panel costs per kilowatt depends on the type of solar panel you're talking about. Monocrystalline solar panels are the most expensive, and their cost per kW is somewhere around £1,000 – £1,500 whereas polycrystalline solar panels cost about £900 per kW.
The cost of 10 solar panels in the UK can vary based on several factors, including the type of panels and the brand you choose. Depending on the size of the solar panels, it will cost between £5,000 to £6,000 to install 10 solar panels, not taking into account labour costs.
• A household in the UK installs a 5kW photovoltaic system costing £8000 (average cost), which would generate approximately 4320 kWh of electricity annually. • The annual SEG income in the UK would be £324 per annum.
The Energy Saving Trust (EST) suggests a typical domestic solar PV system is somewhat smaller, at 3.5kW and around £7,000; although that does put prices in a similar ballpark of approximately £2,000 per kW.
For the average 3.5kWp solar installation, business costs will come to approximately £2,450. The remaining 10-30% of the cost goes towards labour – the people who will actually fit your panels and the associated kit. This range should cover all domestic installations, including large jobs with more than 20 panels.
A typical 4kW solar panel system for 2-3 bedroom houses costs £5,000 - £6,000 with installation. Added together, the total cost of solar panels and a battery in the UK is £13,000 - £15,500. A 4kW system breaks even in 7 - 10 years, with annual electricity cost savings of between £440 and £1,005.