Blog Article
With prices down 90% and energy bills rising, there’s never been a better time to invest in solar.
Not long ago, solar panels were seen as expensive and niche, something for early adopters or eco-enthusiasts. Today? They’re one of the most cost-effective energy sources on the planet. In fact, in just the last decade, the cost of solar panels has dropped by a staggering 90%.
Let’s explore how we got here, and what this means for Irish homeowners.
The 90% Price Drop Explained
Over the past 10 years, global solar panel prices have plummeted.
What once cost thousands now costs hundreds.
This transformation isn’t luck, it’s a result of a principle called Wright’s Law.
Wright’s Law: The more we produce a technology, the cheaper it becomes.
Every time global solar production doubles, costs drop consistently.
This is thanks to, Improved manufacturing efficiency, Mass production,
Better materials and supply chains and more experienced installers
(like us).
Cheaper Than Fossil Fuels
Today, solar can beat fossil fuels on price, and it’s not even close in many areas. Unlike oil, gas or coal, the sun doesn’t charge you per kilowatt. That means the more sunlight you capture, the more you save, and your price per unit of energy keeps falling over time. In some cases, Irish homes can save up to €1,680/year by switching to solar!
Why This Matters in Ireland
Ireland’s electricity prices are among the highest in Europe.
Average Irish rate: ~€0.38/kWh
EU average: ~€0.19/kWh, that’s 2× higher than most European countries.
With solar
✅ You reduce your dependence on the grid
✅ You generate your own power
✅ You future-proof your home against price spikes
The Future Is Already Here
The days of waiting for solar to become “mainstream” are over.
At New Energy, we’ve already helped hundreds of families, schools, and businesses make the switch, and the feedback speaks for itself.
With available SEAI grants, smart batteries, and our expert team, getting started is easier than ever.
Ready to See Your Potential Savings?
We’ll walk you through how much solar you can generate, what it will cost (with grants), how fast you’ll break even and how much you could save.
Book your free consultation today and book your free quote!
New Energy | Trusted Solar Installers Across Ireland
