The amount which solar panels cost after the SEAI grant is dependent largely on the size of the solar PV system being installed.
The average cost of a solar PV system in Ireland approximately ranges from €5,000 – €15,000 in Ireland before taking into account the grant.
The lower end of the scale would be for a 2kW system, approximately 5 panels, that would mean a cost of €3,200 after the grant, with higher end systems coming down to approximately €12,600.
For residential buildings, the VAT rate on solar panels has also been dropped to 0%. This means that solar panels which cost €9,000 before a grant offer previously, would now be reduced to €8,000.