All Tools

Solar Panel Savings Calculator

Calculate your solar panel costs, annual savings, and payback period with low, typical, and optimistic scenarios — based on 2026 UK data.

No sign-up. No affiliate links. Just the numbers.

Configure your system

System size

Most UK homes need 4–5 kWp

Affects annual sunlight hours

Battery storage

~10 kWh home battery

Ofgem cap: 26.11p (Aug 2026)

Your estimated savings

Pessimistic Low

System cost

Annual saving
Payback period
25-yr net gain
Annual generation
Most likely
Typical Mid

System cost

Annual saving
Payback period
25-yr net gain
Annual generation
Optimistic High

System cost

Annual saving
Payback period
25-yr net gain
Annual generation

10-year projection — typical scenario

Year Generation Annual saving Cumulative

Estimates only. Assumes a flat electricity unit rate throughout. Does not model electricity price inflation, shading losses, or inverter replacement costs (~£800–£1,200 after ~10–12 years). VAT on solar installations is currently 0% until March 2027.

Understanding the figures

What do pessimistic, typical, and optimistic mean?

The same solar system can produce very different financial returns depending on how it's installed, how you use your electricity, and which energy tariff you're on.

Pessimistic (Low)

  • Higher installation cost — a less competitive quote
  • 35% self-consumption — mainly out during daylight hours
  • 12p/kWh SEG export rate — a basic tariff
  • 0.8% annual panel degradation

Think: full-time commuter, budget installer, no tariff switching.

Typical (Mid)

  • Mid-range installation cost — 3 quotes compared
  • 45% self-consumption — someone home part of the day
  • 15p/kWh SEG rate — a bundled tariff like Octopus or E.ON
  • 0.6% annual degradation — modern monocrystalline

Based on empirical UK self-consumption data from 302 households.

Optimistic (High)

  • Lower cost — competitive quote, larger system discount
  • 60% self-consumption — home working, timed appliances
  • 20p/kWh SEG — Good Energy or OVO supplier-installed rate
  • 0.4% degradation — premium panels (TOPCon/HJT)

Think: home worker, MCS-certified installer, actively manages tariff.

Installation costs

What goes into the price?

A solar installation quote covers several components. The panels themselves are only around 20–30% of the total — most of the cost is labour, inverter, and mounting hardware.

20–30%

Solar panels

Cost has fallen 70%+ since 2010. Premium brands add longevity.

10–15%

Inverter

Converts DC to AC. Expect to replace once in 25 years (~£800–£1,200).

15–20%

Mounting & cabling

Roof-specific rails, DC/AC wiring, isolators.

10–15%

Scaffolding

Typically £600–£1,000. Unavoidable for most pitched roofs.

25–35%

Labour & commissioning

Usually 1–2 days for an MCS-certified team. Includes DNO notification.

Typical 2026 prices

Cost by system size

These are installed costs including all labour. VAT is currently 0% on solar panels until 31 March 2027 — worth £750–£1,500 on a typical system.

System Low Typical High
3 kWp £5,000 £5,400 £5,850
4 kWp £6,400 £7,200 £7,800
5 kWp £8,000 £9,000 £9,750
6 kWp £9,600 £10,800 £11,700

Prices based on MCS-certified installers. Battery storage costs an additional £5,500–£7,500 for a 10 kWh unit.

Always get 3 quotes

Prices vary by 30–40% between installers for identical systems. Only use MCS-certified installers — this is required to claim SEG payments.

Key variables

What affects how much you save?

Your actual savings depend on six factors. Some you control, some you don't.

Location & orientation

South-facing roofs at 30–45° tilt generate the most. East/west-facing panels produce ~15–20% less but spread generation across more of the day. South Coast gets ~20% more sunlight than Scotland.

Self-consumption rate

The more generated electricity you use directly (rather than export), the more you save. Home workers, EV chargers timed to solar generation, and dishwashers set to run at midday all boost this figure.

Electricity unit rate

Each unit of solar power you use directly saves you the current unit rate (26.11p as of August 2026). Higher energy prices mean bigger savings. You can edit the rate in the calculator above.

SEG export rate

Electricity you export to the grid earns a Smart Export Guarantee payment. Rates range from 12p (basic tariff) to 25p/kWh (supplier-installed, Good Energy 2026). Switching can add £100+/year.

Panel quality & degradation

Standard panels degrade at ~0.6–0.8% per year. Premium TOPCon and HJT panels degrade at 0.3–0.4%, generating measurably more over 25 years. Quality costs more upfront but pays back over time.

Battery storage

A 10 kWh battery stores surplus midday generation for evening use, lifting self-consumption from ~45% to 65–80%. Adds £5,500–£7,500 to install cost. Currently 0% VAT until March 2027.

UK irradiance

Solar generation by region

A 4 kWp system in Cornwall generates around 900 kWh more per year than the same system in northern Scotland — worth roughly £230 at current rates.

Region kWh/kWp/yr 4 kWp yield
South Coast 1,025 4,100 kWh
South England (default) 975 3,900 kWh
Midlands 925 3,700 kWh
North England 875 3,500 kWh
Scotland 850 3,400 kWh

PVGIS data. Assumes south-facing roof at 35° tilt, no shading.

Battery add-on

Is a battery worth it?

A home battery captures surplus midday generation you'd otherwise export at a low rate, storing it for evening use at full import price.

Good fit for a battery

High evening electricity use, EV charging overnight, 5+ kWp system, willing to switch to a time-of-use tariff like Intelligent Octopus.

Battery may not stack up

Small system (3 kWp), modest evening use, or if you're away from home a lot. Payback often extends to 12–16 years.

The 0% VAT window

Batteries currently qualify for 0% VAT until 31 March 2027, saving up to £1,300.

Transparency

How we calculate these figures

Annual generation

kWp × regional kWh/kWp/yr

Regional yields from PVGIS. Assumes south-facing, 35° tilt, no shading. Shading reduces yield by 10–25%.

Annual saving

(gen × SCR × import) + (gen × (1−SCR) × SEG)

SCR = self-consumption ratio. Import rate editable above. SEG varies by scenario (12p / 15p / 20p).

Panel degradation

gen_N = gen₀ × (1 − rate)^(N−1)

Rates: 0.8% / 0.6% / 0.4% per year. Based on NREL meta-analysis of 54,000+ systems.

Payback period

Year when cumulative savings ≥ system cost

Calculated year by year. Excludes inverter replacement (~£1,000 at year 10–12) and electricity price inflation.

Limitations to be aware of

  • Assumes a constant unit rate. Real prices have risen ~60% since 2019 — inflation would improve the numbers.
  • Shading from trees or chimneys is not modelled and can cut output by 20–30%.
  • Inverter replacement (once in 25 years) adds ~£1,000 to lifetime costs.
  • SEG rates can fall — they have in some cases as grid-level solar saturation increases.

Ready to dig deeper?

Read our full guides on costs, battery storage, and the Smart Export Guarantee before you get quotes.