Costs and benefits Solar panels in 2023

Wednesday 08 February 2023

Solar panels: smart investment for a sustainable future

More and more people are deciding to install solar panels on their roofs. And for good reason: the cost of solar panels has been falling for years and the yields continue to rise. But what exactly are the costs of solar panels and what are the possible yields? In this blog post, we list everything for you.

The cost per panel including installation

Cost of solar panels The cost of solar panels depends on several factors. Firstly, the quantity of panels you want to install on your roof determines the price. The more panels, the cheaper it becomes. In addition, the specifications of the panels (such as power) and the cost of installation also play a role. On average, you pay around €500 to €600 per solar panel, including installation.

Cost overview solar panels

The cost of solar panels depends on the number of panels and the power per panel. In general, the more panels you buy, the cheaper the price per panel becomes. Below is an overview of the average cost of a set of solar panels.

Number of panels Total price (incl. installation) (excl. VAT)
6 € 3.100
10 € 4.450
18 € 6.750

Please note: the above prices are averages and may vary per solar panel supplier

Smart investment or not?

But are these costs worth it? In many cases, yes. After all, the cost of solar panels is getting lower and lower and the yields keep rising. Moreover, by using solar panels you can save a lot on your energy bill. In fact, thanks to the energy generated, you need to buy less power from the grid, thus significantly reducing your monthly energy costs.

Installing solar panels on your roof is not only good for the environment, but also beneficial for your wallet. In this blog post, we will outline the costs and yields of solar panels.

Proceeds from solar panels

The yields of solar panels depend on the number of panels and the power of the panels. The capacity of solar panels is expressed in Watt peak (Wp). On average, solar panels with a capacity of 370 Wp each generate around 3,200 kilowatt hours of electricity per year. That means that with 10 solar panels, you generate about 3,200 kilowatt hours of electricity.

But there is more. Because you can also make money with solar panels. How? By supplying the generated power back to the grid. This is because you will receive compensation for the power you supply. This compensation depends on several factors, such as the amount of power you generate and the prices on the energy market.

Solar panels already purchased

From 1 January 2023, VAT will no longer be required when you buy solar panels. If you bought your solar panels before this date, you can reclaim the VAT on both the purchase and installation from the tax authorities. Want more information on how to d