Welcome to Photovoltaic-prices.co.uk, a website that provides information about solar panels cost in United Kingdom. The website’s objective is to raise awareness of the potential of solar power – the new clean energy of the future. Additionally, we provide an up-to-date overview of photovoltaic price developments in United Kingdom. We hope our users will learn more about PV systems.
Global price developments for photovoltaic cells
Historically, developments in the use and construction of photovoltaic cells have been powered by our German neighbours and China. The German government has provided generous solar power subsidies for many years with the result that PV systems are widely used in Germany. China is a frontrunner when it comes to photovoltaic cell manufacture and such manufacture often attracts state subsidies. When a government in a country like China chooses to support its manufacturers it is very difficult for European manufacturers to compete, and this has led to market consolidation. The substantial subsidies once available in Germany and Spain have been reduced leading to a corresponding reduction in the market for PV systems. The resultant overcapacity has meant that manufacturers have had to reduce their prices.
PV system prices in United Kingdom
Photovoltaic cells remain an expensive technology and can’t compete with traditional methods of energy production such as coal. That means that state subsidies are still very important, however prices have now fallen by so much that the rate of return on PV system purchases in United Kingdom is now an attractive one.
That the market for photovoltaic cells has been pressed to such a low level for solar panels cost, and market overcapacity has reached such a point in United Kingdom, is a very positive development. Prices are now very low and have fallen significantly during the last 12 months. Given this, it is likely that the market will soon turn and achieve a natural balance.
This website features a number of quick guides that provide effective guidance and an easily accessible overview. These have been divided into a number of small guides which you can read one at a time as suits you.