Solar Panel Grant Wales – A 2024 Guide

Are you a homeowner in Wales considering investing in solar panels in 2024? At Green Energy Solar, we’re not just experts in solar panel installation, maintenance and repair – we’re also your friendly guide that explores if there are any grants for solar panels in Wales.

Why Choose Solar Energy?

Solar energy is a renewable, clean source of power that can help reduce your carbon footprint and save on energy bills. With the rising cost of energy, more households in Wales are looking to embrace solar technologies.

But what about the costs of installing solar panels? Potentially, there are grants for available that may help offset the cost of installing solar panels on your home.

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Here’s a brief overview of potential funding available for homeowners:

Solar Panel Grant Wales – Options

ECO4 Scheme

The ECO 4 grant scheme, funded by the main energy companies, is part of the UK and Welsh Governments environmental commitment to reduce CO2 emissions. The ECO4 scheme is open to eligible households in Wales, and will help fund upgrades to homes with energy efficiency measures including solar panels. Both homeowners and renters could potentially be eligible.

Nest Scheme

The Welsh government’s Nest scheme offers a range of free, impartial advice and, if you are eligible, a package of free home energy efficiency improvements such as solar panels.

How Green Energy Solar Can Help

As a Cardiff-based business covering the whole of Wales, we are committed to providing top-notch service for the installation of solar panels and storage batteries for residential properties. We’re here to guide you through the process, from understanding the benefits of solar energy, to navigating the grant application process, and finally, to installing and maintaining your solar panels.

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The Benefits of Installing Solar Panels in Wales

Solar energy is a renewable, clean source of power that can help reduce your carbon footprint and save on energy bills. With the rising cost of energy, more households in Wales are looking to embrace solar technologies. 

Abundant Sunlight

Contrary to the general assumption that Wales enjoys little sunlight, in reality, it enjoys a fairly high amount of sunshine hours. A typical 3.5 kW solar panel system in Wales will generate 2,800 kWh, which is above the UK average. This makes solar energy a perfect solution for tapping into renewable sources, which are abundant by default.

Significant Savings

Solar homes in Wales can cut their electricity bills by 74%, on average. This means a three-bedroom home in Wales will save £546 per year, on average. The average home will break even on solar panels in Wales after 13 years, which compares favourably to the UK average of 15 years.

Increased Property Value

Installing solar panels can help increase a property’s desirability, with 69% of people indicating on a National Home Energy Survey they were likely to buy or rent a property with solar panels.

Environmental Impact

You can help cut down your carbon emissions by around 0.5 tonnes, which is an increasingly important factor in the ongoing climate emergency.

Excess Energy Export

Those who install solar panels will see an improvement in the EPC band of their home. Homes with regular solar setups can also benefit from the Smart Export Guarantee (SEG) which provides electricity-producing households to receive payments for any excess energy they export to the national grid.

Growing Popularity

Solar panels in Wales have increased in popularity year after year. According to the Microgeneration Certification Scheme (MCS), there are more than 84,000 homes with solar panels in Wales. The first six months of 2023 saw over 7,00 solar installations — which is nearly three times as many as the same period in 2022.

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The Cost of Installing Solar Panels in Wales

Investing in solar panels is a significant decision, and understanding the costs involved is crucial.

Here’s a breakdown of the average costs for installing a solar panel system in an average-sized house in Wales.

System Size – Average Cost

3 kW £5,000–£6,000
3.5 kW £7,138 or around £5,420
4 kW £6,000–£8,000
5 kW £8,000–£9,000
6 kW £9,000–£11,000

These costs include the installation of the solar panel system. It’s important to note that the actual cost can vary depending on several factors, including the size of the solar panel array, installation costs, and whether you include a solar battery.

Remember, there are several grants available that can help offset the cost of solar panel installation. So, going solar in Wales is not just environmentally friendly, but also a smart financial decision!

Investing in solar panels is not just a step towards sustainable living, but also a smart move for your wallet. With the availability of solar panel grants in Wales, going solar has never been more affordable.

Contact us now if you want to know how solar panels can help you save money.

We have over 10 years of experience in the solar industry, and we have a team of qualified and certified engineers, electricians, and installers who can deliver high-quality and safe solar services. We are accredited by the Microgeneration Certification Scheme (MCS), Home Insulation & Energy Systems Quality Assured Contractors Scheme (HIES) and The National Association of Professional Inspectors and Testers (NAPIT) which means that we follow the best practices and standards in the solar industry.

We are proud to have many happy customers who have chosen us for their solar projects. You can read some of their testimonials on our website, or check out our reviews on Trustpilot, Google, and Facebook. We are confident that we can provide you with the best solar installation service in South Wales, and that you will be satisfied with our work.

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