According to an online survey by E.ON Hungaria, households have expressed keen interest in installing solar panels to reduce energy costs, seeing it as a sustainable investment with a solid return. 55 % od survey participants said that preference for green solutions would plays an important role in a solar panel investment, while state subsidies currently available would be a factor for 23 % of participants.
In the online survey of 1,500 consumers, 58 % saw solar panels as a good investment, trusting that they could reduce or even fully cover their energy costs. Experience suggests 25-30 square meters of solar panels can fully cover an average household’s annual electricity needs, with the investment paying for itself over 7-9 years while remaining serviceable decades after.
Among those already using solar panels, 61 % paid for the equipment themselves, 21 % took out loans and 15 % received a subsidy, E.ON said. 58 % of those currently planning to set up a solar panel system expect to do so using funding or subsidized loans. Less than 20 % said that they would fund the investment on their own.