Solar Panels in 2026: Is Now Really a Good Time?

If you’ve been waiting to install solar, 2026 is one of the best windows in the past decade.

Why prices are low

Panel prices have fallen 50 % since 2020 thanks to mass Chinese manufacturing. UK installers are competing aggressively. A 4 kW system that cost £8,000 in 2022 now installs for £6,500-£8,800.

Why returns are still strong

  • UK electricity prices remain high (28-33 p/kWh)
  • Smart Export Guarantee (SEG) tariffs: 15-25 p/kWh on Octopus Outgoing and EDF Export
  • Battery payback now 8-11 years (was 15+ in 2020)
  • EV-aware chargers transform solar economics if you have a car

Typical 2026 payback

System Cost Annual saving Payback
4 kW only £7,000 £700-£900 8-10 yr
4 kW + 5 kWh battery £11,000 £1,200-£1,500 7-9 yr
5 kW + 10 kWh + EV £15,000 £1,800-£2,500 6-8 yr

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