Grants for Solar PV on the horizon

08 February 2018
Grants for Solar PV on the horizon

In a recent speech at the Renewable Energy Summit,   Minister for Communications, Climate Action and the Environment, Denis Naughten , announced plans for the introduction this summer of a grant-aided pilot scheme for solar PV microgeneration.
The minister stated that this would be 'the first phase in a multi-phased implementation of supports for microgeneration in Ireland, as we explore other options and move toward the new Directive and enable the renewable self-consumer.'
While likely initially targeted at domestic consumers seeking to generate electricity for their own consumption, the minister stated a commitment to the European Renewables Directive which instructs Member States to implement measures to remunerate micro generators who feed self-generated electricity into the grid.

The Micro-Renewable Energy Federation (MREF) has welcomed the announcement as the first step towards unlocking the potential of mirco-renewables and has sought a fixed grant of €500/KWp for homes and €400/KWp for commercial premises.
There are no further details on the proposed pilot scheme but it's certainly a step in the right direction.
Monaghan Electrical strive to stay at the leading edge of innovation in solar technology working closely with our suppliers to provide our customers with reliable and efficient products that stand the test of time. Current payback on PV installations is between seven and eight years. However with sufficient Government support, homes and businesses should be able to reduce this to below five years.
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