Photovoltaic systems - Economics

 
     
 

The major cost items are the

  • solar panel
  • static inverter
  • battery pack (if stand alone application)
  • installation on the roof
  • connection to the grid

For the average domestic system, costs can be around € 6,000 per kWp installed, with most domestic systems usually between 2 and 3 kWp.

Grants

The electricity produced can be sold to the Utility at a fixed tariff decided by the Government at a rate of 0.3 € per kWh for standard PV and 0.55 € per kWh for BIPV. In addition, private individuals can receive a “tax credit” grant of 50% of the materials costs up to € 8,000 for a single family, while companies can use fiscal advantages.

Details are given on Hespul’s web site at www.hespul.org

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