There are two other potential costs you should look into before installing solar panels, these are maintenance costs and repair costs.
For new builds and self-builds, you'll likely be looking at solar photovoltaic panels and/or solar hot water (solar thermal) systems. Instead of looking at options to traditional heating systems, solar panel installations can be added to new builds to improve the EPC and overall energy efficiency.
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.
Today, when building a new home, it is required that you include energy saving measures and offsets such as cheap new build solar panels. These include solar panels or solar thermal systems. Solar panels do not need to detract from the attractiveness of your new build.
The average cost of a 350-watt solar panel in the UK is between £150-£300. The most common solar installation is a 3.5 kilowatt-peak (kWp) system. According to the Energy Saving Trust, the average 3.5kW solar panel system would typically require around 10 solar panels (at 350 W each) and cost around £7,000.
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.