The cost of installing solar panels in Serbia varies depending on several factors, including system size and roof type, but it generally ranges from €1,000 to €1,200 per installed kilowatt.
How much does it cost to install a rooftop solar system?
These projects are being developed at industrial facilities whose rooftops span 3,000 square meters or more. The cost of installing a rooftop solar system for businesses is about EUR 650 per 1 kW of installed capacity for power stations of more than 30 kW and EUR 600 per 1 kW for those whose capacity exceeds 100 kW.
How much does it cost to install a photovoltaic system?
An individual prosumer installing a photovoltaic system needs to invest several thousand euros, or an average of EUR 700 per kW of installed capacity. The investment pays off in 6 to 8 years, and the cost is EUR 500 lower if no batteries are installed.
Even though Serbia lacks rules to regulate the status of prosumers or encourage their development, things are moving forward – several hundred solar power stations have been installed so far, supplying green electricity to individuals and businesses.