undefined

The Role of Government Incentives in Reducing Solar Panel Costs in Ireland

The Role of Government Incentives in Reducing Solar Panel Costs in Ireland

The Role of Government Incentives in Reducing Solar Panel Costs in Ireland

Posted by Mr Solar Panels Ireland on

The Sustainable Energy Authority of Ireland (SEAI) offers grants for solar PV systems, significantly reducing the upfront cost of installing solar panels. As of May 2023, the Irish government also abolished VAT on solar panel installations, making it an even more affordable option for homeowners. This incentive is part of a broader push to encourage sustainable energy development in Ireland. These financial supports can reduce the overall cost of solar panel systems by several thousand euros, making the transition to renewable energy more accessible. Additionally, the feed-in tariff system allows homeowners to sell excess energy, further increasing the return on investment.