The Irish Government has recently made a significant move towards promoting renewable energy by reducing VAT on solar panels to 0%. This reduction, along with other grants and incentives, is expected to revolutionise the solar industry in Ireland and help thousands of homeowners make the switch to clean, renewable energy. In this comprehensive blog post, we will explore the details of the reduced VAT on solar panels in Ireland, its impact on the industry, and how Going Solar, a Dublin-based Solar PV company, can help you take advantage of these new incentives.
VAT Reduction on Solar Panels in Ireland
In an effort to encourage more people to adopt renewable energy, Green Party leader Eamon Ryan has announced that the Irish Government will be slashing the VAT on the supply and installation of solar panels on homes and public buildings. This means that the average cost of installing solar panels, which used to be around €9,000, will now drop to approximately €8,000, saving homeowners around €1,000. When combined with the Sustainable Energy Authority of Ireland (SEAI) solar grant of up to €2,100, the total average cost for a home solar installation will fall to about €5,600. Furthermore, the reduced VAT for solar panels will help shorten the payback period for homeowners from seven years to just 6.2 years, based on an average 4.5KW installation for homes. The Irish Government also aims to install solar panels on all schools by 2025, starting this summer, as part of their ambitious plan to reach 5GW of solar energy by 2025 and 8GW by 2030. With nearly 50,000 Irish homes already equipped with solar panels, this number is expected to grow exponentially as the technology becomes more affordable and mainstream.
How Going Solar Can Help You Benefit from the Reduced VAT on Solar Panels in Ireland?
As a leading Solar PV company in Dublin, Going Solar is committed to helping homeowners take advantage of the reduced VAT on solar panels and other incentives available in Ireland. Our experienced team will guide you through the entire process, from assessing your home’s solar potential and designing the most efficient solar system to suit your needs to handling the installation and providing post-installation support.
Expert Solar PV Consultation and Design
At Going Solar, our skilled professionals will conduct a thorough assessment of your home’s solar potential and energy needs. Based on this assessment, we will design a solar PV system that maximises your savings while ensuring optimal performance and return on investment.
Hassle-Free Solar Panel Installation
With our expert team of certified installers, Going Solar guarantees a smooth and hassle-free solar panel installation process. We take care of all necessary permits and paperwork, ensuring that your solar system is installed in compliance with Irish regulations and industry standards.
Quality Solar Panels and Components
Going Solar only uses high-quality solar panels and components from reputable manufacturers. Our commitment to quality ensures that your solar PV system will not only be efficient but also built to last, providing you with clean, renewable energy for years to come.
Ongoing Support and Maintenance
Our commitment to your satisfaction doesn’t end with the installation. Going Solar offers ongoing support and maintenance services to ensure that your solar PV system continues to operate at peak efficiency, maximising your savings and return on investment.
Get Started with Solar Panels For Your Home
The Irish Government’s decision to reduce the VAT on solar panels is a significant step towards promoting renewable energy adoption across the country. By making solar installations more affordable and accessible, this move is expected to accelerate the growth of the solar industry in Ireland. If you’re considering going solar, now is the perfect time to take advantage of these financial incentives.
At Going Solar, our expert team is ready to help you harness the power of the sun and enjoy the benefits of clean, renewable energy for years to come. Contact us today to learn more about how the reduced VAT on solar panels in Ireland can help you save money and reduce your carbon footprint.
