Why get solar panels
There are several strong reasons to invest in solar panels. Here are the most important:
With solar panels you produce your own electricity and reduce your dependence on the grid. A typical residential installation of 10 kW can generate 8,000–10,000 kWh per year, covering 50–70% of a normal household's electricity consumption. This means savings of SEK 15,000–30,000 per year depending on electricity price and self-consumption rate.
Studies show that homes with solar panels sell at higher prices. According to the Swedish Energy Agency, a solar panel system increases property value by approximately 70–80% of the installation cost. It's an investment that not only saves money every month but also strengthens your property value.
Solar energy is one of the cleanest energy sources. A 10 kW solar panel system reduces carbon dioxide emissions by approximately 2–4 tonnes per year compared to fossil-based electricity. The panels have an energy payback time of 1–2 years in Sweden — after that they produce clean electricity for another 23–29 years.
The green tax deduction gives you a 15% tax reduction on labour and material costs for solar panels (max SEK 50,000 per person). You can also sell surplus electricity tax-free up to SEK 80,000 per year. The tax reduction is deducted directly from your tax and applies per person — a couple can therefore receive up to SEK 100,000 in deductions.