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1. Technology Type Different technologies, such as monocrystalline, polycrystalline, and thin-film solar cells, influence the cost. Monocrystalline panels are typically more efficient and come with a higher price tag, while polycrystalline panels offer a more budget-friendly option with slightly lower efficiency.

Flush mounted solar panels refer to a method of installation where solar panels are fixed directly onto the roof's surface, making them sit flat against the roof. Unlike other mounting systems, such as pole mounts or tilted racks, flush mounting minimizes the space between the panels and the roof, creating a sleek, streamlined look. This method suits various roof types, including shingles, metal, and flat roofs.

1. Quality and Brand High-quality panels from reputable brands come at a premium price. These panels often offer better efficiency, durability, and warranties. Investing in well-known brands can be more cost-effective in the long run due to their reliability.

2. Inverter This device converts the direct current (DC) produced by solar panels into alternating current (AC), which is used by most household appliances. There are different types of inverters available, with varying costs related to efficiency and reliability.

Generally, the more expensive the system, the more electricity it can generate — and therefore, the more savings it can bring. The table below shows the annual savings on your electricity bills per system size, how much you can earn through Smart Export Guarantee (SEG) payments, and ultimately, how long it can take to break even.

It is also worthwhile to consider, do solar panels increase home value? Solar panels can increase the value of a property by 6.2% to 6.8% in the UK.