Solar savings explained: the costs and benefits of going solar
Discover how much solar panels could cost you, how they could reduce your bills, earn you money and increase the value of your home.
Solar savings explained: the costs and benefits of going solar
Discover how much solar panels could cost you, how they could reduce your bills, earn you money and increase the value of your home.
How much do solar panels cost?
The cost of a solar installation will depend on:
- The number of panels
- Whether you choose to add a solar battery
- Shading from trees or other obstructions such as chimneys, which may mean you need a solar optimiser
Our solar panels start from £4,960[1] which includes the design and installation of your tailored solar solution by our accredited install partners. As standard, our packages also include any scaffolding and installation equipment, bird-proofing, surge protection and set up of performance monitoring.
How much do solar panels cost?
The cost of a solar installation will depend on:
- The number of panels
- Whether you choose to add a solar battery
- Shading from trees or other obstructions such as chimneys, which may mean you need a solar optimiser
Our solar panels start from £4,960[1] which includes the design and installation of your tailored solar solution by our accredited install partners. As standard, our packages also include any scaffolding and installation equipment, bird-proofing, surge protection and set up of performance monitoring.
How much does a solar battery cost?
We offer solar batteries to allow you to store the excess electricity you generate, to use when you need it. So the energy you produce and store in your battery during the day, could be used to power your home at night. They also allow you to be less reliant on buying electricity from your energy supplier, which could help save you money.
With a solar battery, you can get paid for any surplus energy you generate but don’t use with a Smart Export Guarantee (SEG) tariff. We offer two SEG tariffs, which pay our customers every 90 days for each unit of electricity they generate and export back to the grid.
Our batteries prices start from £2,910 for a standalone 3kWh battery or from £1,680 when purchased with solar panels.
How much does a solar battery cost?
We offer solar batteries to allow you to store the excess electricity you generate, to use when you need it. So the energy you produce and store in your battery during the day, could be used to power your home at night. They also allow you to be less reliant on buying electricity from your energy supplier, which could help save you money.
With a solar battery, you can get paid for any surplus energy you generate but don’t use with a Smart Export Guarantee (SEG) tariff. We offer two SEG tariffs, which pay our customers every 90 days for each unit of electricity they generate and export back to the grid.
Our batteries prices start from £2,910 for a standalone 3kWh battery or from £1,680 when purchased with solar panels.
Ways you can save money with solar panels from ScottishPower
Save on your electricity bills
Save up to £1,028 a year on your electricity bills with solar panels and a battery [2].
Earn money back
You could earn as much as £618 [3] in a year with our Smart Export Guarantee tariff.
Increase the value of your home
Adding solar panels to your home could increase the value by up to £5,400 [4].
Ways you can save money with solar panels from ScottishPower
Save on your electricity bills
Save up to £1,028 a year on your electricity bills with solar panels and a battery [2].
Earn money back
You could earn as much as £618 [3] in a year with our Smart Export Guarantee tariff.
Increase the value of your home
Adding solar panels to your home could increase the value by up to £5,400 [4].
How much could I save by going solar?
The amount you could with save with solar panels will depends on how much electricity you use, the number of panels installed, whether you have signed up to a Smart Export Guarantee tariff to electricity sell back to the grid, and how much energy you sell. Where you live is also a factor, as southern homes get slightly more hours of daylight.
With our solar panels, a battery, and our SmartGen+ export tariff, you could reduce your electricity bills by up to 92% every year[2]. Find out what you could save by getting a free, tailored solar proposal from us which outlines your estimated annual bill saving, your estimated income from a SEG tariff, your payback period and the reduction in your carbon footprint.
How much could I save by going solar?
The amount you could with save with solar panels will depends on how much electricity you use, the number of panels installed, whether you have signed up to a Smart Export Guarantee tariff to electricity sell back to the grid, and how much energy you sell. Where you live is also a factor, as southern homes get slightly more hours of daylight.
With our solar panels, a battery, and our SmartGen+ export tariff, you could reduce your electricity bills by up to 92% every year[2]. Find out what you could save by getting a free, tailored solar proposal from us which outlines your estimated annual bill saving, your estimated income from a SEG tariff, your payback period and the reduction in your carbon footprint.
What is the payback period for solar panels?
Your estimated payback period is the expected number of years it will take for your estimated annual bill saving to match the overall cost of your solar panel installation.
The typical lifespan for a solar panel installation is more than 25 years and it takes the average UK household around 13 years to break even on the cost of their solar panels [5].
What is the payback period for solar panels?
Your estimated payback period is the expected number of years it will take for your estimated annual bill saving to match the overall cost of your solar panel installation.
The typical lifespan for a solar panel installation is more than 25 years and it takes the average UK household around 13 years to break even on the cost of their solar panels [5].
Solar panels can boost your home’s value
According to the Better Homes, Cooler Planet report by WWF,adding solar panels to your home could increase the value by up to £5,400 [4]. Homes with solar installations are also becoming more attractive to eco-conscious buyers, as they allow households to become less reliant on the grid, and could help lower household electricity bills long term.
Solar panels can boost your home’s value
According to the Better Homes, Cooler Planet report by WWF,adding solar panels to your home could increase the value by up to £5,400 [4]. Homes with solar installations are also becoming more attractive to eco-conscious buyers, as they allow households to become less reliant on the grid, and could help lower household electricity bills long term.
Solar panel grants and funding
Homeowners will pay 0% VAT on solar panels and/or batteries until April 2027. You may also be eligible for government funding and grants to help pay for your solar panels.
In England, The Home Upgrade Grant also supports households not connected to the gas grid in selected local authorities with funding up to £10,000 for solar panels. You can check if you’re eligible by visiting the government website.
Funding may also be available through the Energy Company Obligation (ECO) scheme which runs until March 2026 for eligible households.
Remember to ask your bank or mortgage provider if they offer a cashback or reward scheme which supports customers with greener home improvements.
Solar panel grants and funding
Homeowners will pay 0% VAT on solar panels and/or batteries until April 2027. You may also be eligible for government funding and grants to help pay for your solar panels.
In England, The Home Upgrade Grant also supports households not connected to the gas grid in selected local authorities with funding up to £10,000 for solar panels. You can check if you’re eligible by visiting the government website.
Funding may also be available through the Energy Company Obligation (ECO) scheme which runs until March 2026 for eligible households.
Remember to ask your bank or mortgage provider if they offer a cashback or reward scheme which supports customers with greener home improvements.
1
Price is based on a 4 Panel “Electrify” package (on-roof) in Central England, fitting to concrete tiles (not slate), single elevation of scaffold, with single-phase electrics, and no complexities, for example installing above a conservatory or digging trenching required for electrics.
2
As per standardised calculations and guidance from Microgeneration Certification Scheme (MCS) the example annual electricity bill savings figure is based on the following assumptions: 1) the customer is in the Midlands; 2) with a 12-panel, South-facing solar array (on a 35 degree roof slope with no shading) and a solar battery (5.2kWh usable capacity) installed; 3) is at home half of the day, with annual electricity usage of 3,500 kWh and a unit rate of £0.265 based on our Standard Variable tariff prices effective from 1st April 2025 to 30th June 2025 and 4) the customer uses 53% of what they generate and receives a separate payment at a unit rate of £0.15 for the remaining 47% that they export.
3
As per standardised calculations and guidance from Microgeneration Certification Scheme (MCS), the example earning figure is based on the following assumptions: 1) the customer is in the Southeast of England; 2) with a 12-panel, South-facing solar array (on a 35 degree roof slope with no shading) installed; 3) is at home half of the day; 4) the customer uses 20% of what they generate and receives a separate payment at a unit rate of 0.15p per kWh for the remaining 80% that they export.
4
Analysis conducted by WWF shows solar panels could increase sales value of a home by around £1,350 - £5,400. Source: Better Homes, Cooler Planet WWF report
5
Solar panel payback period is based on the following: homes in England, Scotland and Wales, fuel prices as of October 2024, households who are out all day until 6pm and receive export payments. Source: Energy Savings Trust