How much does a solar panel inverter cost?

Quick Takeaways: Solar panel inverter costs can range from £500 to £2,500. String inverters are cheaper than microinverters, but the latter offers more advantages and a longer lifespan. Other factors that can impact the solar panel inverter cost include your system size, inverter efficiency, and whether it’s grid-tied or off-grid.

How much does a string inverter cost?

Most string inverters come with a 5- to 10-year warranty that can be extended for a premium. Considering most solar panels come with a 25-year warranty, it goes without saying that you will at some point have to replace your inverters. The average solar PV inverter replacement cost of a string inverter typically ranges from £500 to £1500.

How much does a microinverter cost?

Microinverters can cost from £20 to £100 a unit. It can cost around £2,500 for the average solar panel system comprising 14 panels, including installation costs like wiring. You’ll face greater upfront costs when creating a system that uses microinverters, and the bill can be quite high if you’re planning on a large installation.

Which solar inverter is best?

String inverters are the most common in solar energy systems as they are the most cost effective and, while they aren’t as efficient as some other kinds of inverter, they are very reliable, can handle 5 – 10 panels at once and are cheaper to replace.

What does a solar panel inverter do?

The solar panel inverter is one of the most vital components of any solar energy system. Without it, you wouldn’t get any power from your panels. It converts the electricity your solar panels generate (DC) into the type of electrical current your home appliances and National Grid can use (AC). But how much does a solar panel inverter cost?

How long do solar inverters last?

That being said, because micro inverters deal with much lower input voltage quantities than their cheaper counterparts, they do last considerably longer: sometimes up to 25 years. If cost is your biggest concern, many users do purchase long-term solar warranties to cover their solar PV inverter replacement costs.