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How much does solar panels really pay?

Verdasole > Knowledge base > I don't have solar panels yet > How much does solar panels really pay?

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2 min read time

Verdasol solar panels allow you to make money back. #

A Verdasol solar panel system with 12 panels results in an annual saving of approximately €1250, given the current electricity price. Since a solar panel lasts on average 25 years (even 40 years if you choose SunPower Maxeon panels), this leads to significant long-term profits. Want to know how many solar panels fit on your roof and how much you can save? Fill our free home scan tool in.

Are solar panels a sensible investment? #

Currently solar panels are an excellent investment, especially given the low interest rates on banks. The return on solar panels exceeds the interest rate on savings, making it smarter to invest instead of saving. Moreover, the price of energy is steadily rising. Therefore it is wise to generate your own electricity and to be less dependent on energy suppliers. Also read our 6 points why Solar panels are always a smart choice on our blog

When will my investment be paid back? #

You have usually earned your investment back within eight to nine years, while the solar panel system lasts at least 25 years. This means you can take advantage of free power for at least 15 years. If you move in between, solar panels increase the value of your home and are attractive to potential buyers. This offers direct benefits on the housing market. When you also invest in a home battery and/or air conditioning system you achieve the maximum efficiency.

What are the costs of solar panels? #

The cost of solar panels has fallen significantly in recent years, partly thanks to incentives in Germany and mass production of high-quality solar panels in China. Children's diseases have been overcome, and the price of solar panels has now stabilised. This makes the purchase of solar panels extremely attractive. Of course there are differences in quality and price when it comes to solar panels. At Verdasol we always choose high quality Tier 1 solar panels with excellent value for money, and we guarantee a good service afterwards.

What is the efficiency of solar panels? #

Nowadays, the efficiency of solar cells is around 18-22%, which means that about 18-22% of the incoming sunlight is converted to electrical energy. Thanks to technological progress, the price of solar cells has fallen sharply, making solar energy very competitive with traditional electricity sources. With our free home scan dedicated advisors can calculate your personal return.

Interested in our solar panels? #

Now plan a free consultation →
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Updated on 31 January 2024
Can you tell me more about the guarantees on solar panels?

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Contents
  • Verdasol solar panels allow you to make money back.
  • Are solar panels a sensible investment?
  • When will my investment be paid back?
  • What are the costs of solar panels?
  • What is the efficiency of solar panels?
  • Interested in our solar panels?

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