Solar panel costs have dropped 73% in the last 10 years, government data shows

Solar panel engineer on a roof talking to a client
Solar panels costs in the UK and worldwide have fallen significantly in the last decade, according to the latest data (Image credit: Getty Images)

UK solar panel costs have plummeted in the last decade by 73%, according to the latest government data.

The average cost of a home solar system has fallen from an average of £20,000 in 2013 to just £9,200 for a 4kW system today.

A headshot of Joshua M. Pearce
Joshua Pearce

Joshua M. Pearce is an engineer at Western University. He is known for his work in photovoltaic technology, agrivoltaics, open-source hardware, and 3D printing. Dr. Pearce earned his Ph.D. at The Pennsylvania State University, where he contributed to developing low-cost amorphous silicon solar technology.

Joseph Mullane
News Editor

News Editor Joseph has previously written for Today’s Media and Chambers & Partners, focusing on news for conveyancers and industry professionals.  Joseph has just started his own self build project, building his own home on his family’s farm with planning permission for a timber frame, three-bedroom house in a one-acre field. The foundation work has already begun and he hopes to have the home built in the next year. Prior to this he renovated his family's home as well as doing several DIY projects, including installing a shower, building sheds, and livestock fences and shelters for the farm’s animals. Outside of homebuilding, Joseph loves rugby and has written for Rugby World, the world’s largest rugby magazine.