Investing in solar energy is a practical way to reduce electricity bills and take control of rising energy costs. As more homeowners turn to renewable energy, solar systems have become an affordable and efficient solution. With the support of SEAI grants, the upfront cost of installation is significantly reduced, making it easier than ever to make the switch.
In this blog, we’ll explain what should you expect to pay for our 5 kWp solar system, highlight the financial savings it offers, and discuss how quickly you can recover your investment. Whether you’re looking to save money or adopt a more sustainable lifestyle, this system is a smart and rewarding choice.
What Should You Expect to Pay for Our 5 KWp Solar System?
The SPV Energy 5 kWp solar system is an ideal choice for homes looking to save on energy costs while switching to renewable energy. It offers the perfect balance of affordability, efficiency, and long-term benefits for homeowners.
System Components
This system is powered by 12 x 445W Trina solar panels, known for their reliability and performance. It also features a Huawei Hybrid Inverter, which is battery-ready, making it future-proof for those considering battery storage in the coming years.
Solar Array Size
The total capacity of this system is 5.3 kWp, which can generate approximately 4,800 kWh annually. This makes it highly suitable for covering a significant portion of your home’s electricity needs.
Additional Features
To make the installation process even more beneficial, the system comes with a BER assessment, which is required to claim the SEAI grant. This added feature ensures you are fully eligible for the available incentives, reducing the total cost significantly.
How to Breakdown the Cost of 5 kWp Solar System?
At My Power, we believe in making solar energy accessible and affordable for every homeowner. Our transparent pricing ensures you know exactly what to expect at every step.
Before SEAI Grant
The full cost of our 5-kWp solar system is €8,400. This includes high-quality Trina Solar Panels, a Huawei Hybrid Inverter, and all necessary components to provide a complete solar solution for your home.
SEAI Grant
With the SEAI grant, you can save €1,800 on your solar installation. To make the process hassle-free, we include a BER certificate, which is required to claim the grant, ensuring you can take full advantage of this support.
After SEAI Grant
Once the grant is applied, the total cost of your system is reduced to just €6,600. At My Power, we’re proud to help you lower your electricity bills while making a smart investment in renewable energy.
What Are the Financial Benefits?
Switching to solar with My Power isn’t just about reducing your environmental impact; it’s also a smart financial decision. Let’s explore how much you can save and how quickly the system pays for itself.
Annual Savings
With an estimated annual electricity bill saving of €1,160, this solar system provides substantial financial relief. Over the years, these savings can make a significant difference to your household budget.
Payback Period
The payback period for this system is approximately 4 to 6 years. This means your investment starts paying for itself quickly, allowing you to enjoy the benefits of free solar energy sooner.
Return on Investment
Beyond the payback period, you’ll continue to save on electricity bills for many years. The long-term savings and reduced dependency on grid electricity make this system a financially rewarding choice. At My Power, we’re here to help you make the most of this investment.
How Does Installing Solar Panels Impact Our Environment?
Choosing a solar system isn’t just about saving money—it’s also about making a positive change for the planet. Let’s take a closer look at the two environmental benefits of installing a 5 kWp system with My Power.
Annual Energy Generation
This system generates approximately 4,800 kWh of electricity annually. By producing your own energy, you significantly reduce the demand for grid electricity, helping conserve resources and promote renewable energy use.
Carbon Footprint Reduction
By switching to solar, you reduce your reliance on fossil fuels, which are major contributors to greenhouse gas emissions. This choice directly contributes to a cleaner environment, making your home part of the solution for a sustainable future. At My Power, we’re proud to support this important step.
Why Choose My Power’s 5 kWp Solar System?
At My Power, we’ve designed this 5 kWp solar system to provide maximum value, reliability, and sustainability. Here’s why it’s the perfect choice for your home.
High-Efficiency Components
Our system features Trina solar panels, known for their performance and durability, and a Huawei hybrid inverter, ready for future battery storage. These components ensure reliable energy production for years to come.
Prepared for Future Needs
The battery-ready inverter allows you to easily add storage when needed. This ensures your system can grow alongside your energy requirements, offering flexibility and long-term value.
SEAI Grant Eligibility
The included BER assessment makes it simple to claim the SEAI grant, significantly lowering upfront costs and making the switch to solar more affordable.
Comprehensive and Sustainable
This system not only saves you money but also helps reduce reliance on fossil fuels. By choosing My Power, you’re investing in a complete solution that benefits your home and the environment
Conclusion
A 5 kWp solar system from My Power is an excellent choice for saving on electricity costs while reducing environmental impact. Priced at €6,600 after the SEAI grant, it includes high-quality components and a BER assessment to ensure a smooth installation process. With estimated annual savings of €1,160 and a payback period of just 4-6 years, this system provides both immediate and long-term value.
For expert guidance and a personalised quote, reach out to My Power today. Let us help you take the next step toward reliable, affordable renewable energy for your home.
FAQ’s
1. What is the cost of the 5 kWp solar system after the SEAI grant?
After applying the SEAI grant of €1,800, the final cost of the system is €6,600, making it an affordable option for renewable energy.
2. How much electricity can this system generate annually?
This 5 kWp system is designed to generate approximately 4,800 kWh per year, providing a substantial amount of energy for household needs.
3. What is the estimated savings on electricity bills with this system?
The system can save you around €1,160 annually on electricity bills, helping you recover your investment in just a few years.
4. How long is the payback period for this solar system?
The estimated payback period is between 4 to 6 years, depending on your energy consumption and savings.
5. Is a BER assessment included with the installation?
Yes, a BER assessment is included as part of the package, ensuring you meet the requirements for claiming the SEAI grant.
6. Does this system include battery compatibility?
Yes, the Huawei Hybrid Inverter included with this system is battery-ready, allowing you to add storage in the future if needed.