How much do solar panels cost in Spain?

For installations of less than 10 kWp, the most common for homes, the amount can reach up to €600 per kWp. If you add a battery, you get a subsidy of €490 per kWh. Income Tax Deduction (IRPF). For the installation of solar panels in Spain, a discount of 20% to 60% can be obtained. This percentage varies depending on the autonomous communities.

How much does a solar self-consumption photovoltaic installation cost in Spain?

The price of a solar self-consumption photovoltaic installation for a single-family home is around €1,500 for each kilowatt generated (taxes not included). If we take into account that a typical household consumes around 4.4 kW, the initial cost of a project of these characteristics in Spain would be around €6,500

Are solar panels a cheaper alternative source for Spanish homes?

The advances produced in the development of renewable energies have provoked significant decreases in the cost of solar panels, turning solar energy into a cheaper alternative source for Spanish homes. Therefore, talking about prices implies taking into account materials, labour and legal procedures.

Should you install solar panels in Spain?

If you’re reading this, it’s very likely that you live in Spain or have a second home there. And you are looking for installing solar panels to save on your electricity bill. You want to forget the volatility of prices, and that’s understandable.

Are solar panels a good investment in Spain?

With Spain’s abundant sunshine, installing solar panels is a smart investment for both homes and businesses. Here’s an easy-to-follow guide to help you understand the process and requirements for installing solar panels in Spain. This article is written by Wouter Draijer, founder of SolarMente.

How much does a solar panel cost?

As for the type of solar panel, these are mainly self-consumption or storage panels. With the former, all the energy produced is spent in the house and the surplus is injected into the grid, with prices ranging between 2,000 and 3,000 euros per kW installed, according to Alicante-based solar energy provider Solarmassel.