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 mean average cost per kilowatt of a small solar PV installation (0-4kW) is above £2,000 for the first time since these records began in 2013/14. Prices for larger solar installations (4-10kW) increased even more dramatically - by 31% since 2021/22.
where the roof materials (e.g. tiles or slates) need replacing. You can expect to pay between £300-£500 per person per day for labour to install your solar panel system, according to the Federation of Master Builders. Rates vary depending on where you live. All the prices above are averages.
Average module market prices in 2018 have been in the range of $0.20/W to $0.40/W—which is mostly below our 1H 2018 MSP benchmark. This misalignment between market pricing and our modeled MSPs is reflected in negative operating margins for most PV companies.
As you can see in the table above, the actual price of your installation varies depending on the types of panel you get installed, so a 4kW system could cost as little as £4,800, or as much as £8,000.
Data are taken from the Microgeneration Certification Scheme - MCS Installation Database. For enquiries concerning this table email [email protected]. Small scale solar PV cost data for 2023-2024 published. Small scale solar PV cost data for 2022-2023 published. Small scale solar PV cost data for 2021-2022 published.
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