What is the Commercial Solar Panels Cost in Ireland?

Looking for the cost of commercial solar panels? As businesses in Ireland want to lower energy costs and embrace sustainability, commercial solar panels are emerging as a practical solution. Investing in solar energy helps protect against rising electricity prices while offering long-term savings. 

Furthermore, installing solar panels demonstrates a company’s commitment to environmental goals, contributing to a greener future. 

In this blog, we’ll explore the costs of installing commercial solar panels in Ireland, discuss the key factors influencing pricing, and highlight the financial incentives available to businesses. 

Looking to find out more about how solar can benefit your business? Let’s start!

What Type of Factors Influence Commercial Solar Panel Costs?

After considering these key factors—system size, equipment quality, and installation complexity—it’s clear that every business’s solar needs will differ. 

1. System size

The cost of installing commercial solar panels typically ranges between €1,300 and €1,600 per kilowatt peak (kWp).

Several factors can affect the total cost, including how accessible the roof is, the type of roofing material, the roof’s slope, and the electrical installation requirements. For a fully installed 50kWp system, the cost would be around €65,000 to €80,000, excluding VAT.

Businesses with larger energy needs will typically opt for bigger systems, but it’s important to balance the size of the system with your energy goals and available budget.

While larger systems cost more, they also lead to faster returns on investment through greater energy generation.

2. Quality of equipment

The type of solar panels you choose also impacts the overall cost. Higher-quality panels, such as monocrystalline solar panels, tend to be more expensive because of their efficiency and durability.

These panels convert more sunlight into energy, making them more efficient in the long run, which is ideal for businesses looking for maximum output.

On the other hand, polycrystalline panels are a more budget-friendly option, though they are slightly less efficient.

Choosing a high-quality inverter is equally important. The inverter converts the energy generated by the panels into usable electricity. Premium inverters, with longer warranties, can ensure smoother performance and lower maintenance costs in the future.

3. Installation complexity

The complexity of the installation process can significantly affect the final cost. Factors such as the roof’s size, shape, and angle can make the installation more difficult, leading to higher labour costs.

Buildings with steep roofs or limited access may require specialised equipment, which adds to the expense. Ground-mounted solar panel systems are another option, but they typically require more land and could add additional costs depending on site conditions.

The location of your business is another factor to consider. Urban areas with restrictive building codes or limited rooftop space might require creative solutions that add to the complexity and overall cost of the installation.

Types of Government Incentives and Grants for Commercial Solars

These incentives make solar panel installations more affordable for Irish businesses.

1. Non-domestic grants

Businesses and public organisations can qualify for grants of up to €162,600 when installing solar PV systems on their property.

2. Substantial grants

Businesses and non-domestic organisations in Ireland can access generous grants for solar PV systems, with funding available up to €162,600.

These grants are designed to help companies adopt sustainable energy practices, lower their operating expenses, and improve their environmental impact by reducing carbon emissions.

Conclusion

Investing in commercial solar panels in Ireland offers businesses substantial long-term benefits, from reducing electricity costs to improving sustainability.

While the initial installation costs can vary based on system size and complexity, government grants, tax incentives, and feed-in tariffs make solar power more affordable. 

With potential savings on energy bills and a solid return on investment, solar energy is a smart and financially rewarding choice for Irish businesses. Interested in exploring how solar panels can benefit your business?

Contact SPV Energy today to learn more about our personalised solutions and start your journey towards a more energy-efficient future!

FAQs

How much do commercial solar panels cost in Ireland?

The cost of commercial solar panels in Ireland typically ranges from €1,300 and €1,600 per kW installed, depending on system size, location, and installation complexity.

What factors affect the cost of commercial solar panels in Ireland?

Factors affecting the cost include system size, roof type, location, installation complexity, and any additional components like inverters and energy storage systems.

Are there grants or incentives for commercial solar panels in Ireland?

Yes, businesses can access grants, tax incentives, and support like the SEAI (Sustainable Energy Authority of Ireland) grants, which help reduce the upfront costs of solar panel installation.

What is the lifespan of commercial solar panels in Ireland?

Commercial solar panels generally have a lifespan of 25 to 30 years, providing long-term energy savings and reducing operating costs over time.

Do commercial solar panels require a lot of maintenance?

No, commercial solar panels require minimal maintenance, with occasional cleaning and inspections to ensure optimal performance and longevity.

Can solar panels provide energy independence for businesses in Ireland?

Yes, solar panels can significantly reduce reliance on the national grid, providing businesses with greater energy independence and protection against rising electricity prices.