Low-cost solar panels are affordable alternatives to traditional energy sources, designed to make solar power accessible to a wider range of consumers. They use photovoltaic (PV) technology to convert sunlight into electricity, offering a clean and renewable energy solution for homes, businesses, and communities.
Low-cost solar panels are an affordable option for homeowners, yet their lower efficiency results in lower overall energy production which may lead to a slower payback period on your investment. Opt for cheap solar panels if you have a tight budget and your household energy consumption is relatively low.
Cheap solar panels can end up being more expensive in the long term, despite their lower initial cost. Price is often (though not always) a reflection of quality, and cheap solar panels may last less long than pricier ones or be more prone to issues.
Affordable solar panels are available in the UK. In this guide, we’ll explore the options for these panels, their benefits, and how you can make the switch to solar power without breaking the bank. Get Your FREE Quotes Today!
Cons of cheap solar panels: Lower efficiency: Cheap solar panels are more likely to be less efficient, usually around 18–21% efficient rather than 20-23% efficient. Affordability hurdle: The upfront cost of solar panels, even cheap ones, is still a significant investment that may only be affordable for some homeowners.
Polycrystalline solar panels and thin-film solar panels are the least expensive types of solar panels, typically costing around 20% less than monocrystalline panels. However, they are also less efficient.