Scroll Top

Solar PV and Heat Pump SEAI Grant Changes 2024

Solar PV and Heat Pump SEAI Grant Changes 2024

News for Solar PV and Heat Pump Grants in Budget 2024!

In Budget 2024, Ireland allocates €380 million towards Residential & Community Energy Efficiency Upgrades, offering substantial grants for heat pumps and solar PV. The initiatives aim to retrofit 500,000 homes and install 400,000 heat pumps by 2030. This investment provides significant opportunities for homeowners to benefit from heat pump and solar PV grants, contributing to a sustainable future. Stay tuned for details on how you can avail of these grants and make your home energy-efficient! You can download the full report here.

This is a positive move by the SEAI enabling us to move into a more sustainable future together and making renewable energy more accessible to the average homeowner.

Although renewable energy products are a no-brainer, even without SEAI grants!

It could be that you just want to reduce your bills or have a home that is warm all the time or maybe you are more enticed by the idea of doing your part for the environment and reducing your carbon footprint by installing renewable energy products in your home. Whatever it may be renewable energy is the best way to achieve this.

There are lots of changes to grants on the SEAI website and you can see a full list of them here!

However, for this article, let us dig into what is relevant to NRG Panel customers. Namely the solar PV and air to water heat pump grants and what changes you need to know about.

 

As of February 2022, the solar PV panel-only grant will not be capped without a battery and the grant for a battery will be removed to make way for the microgeneration scheme . This means that the homeowner is getting paid for any surplus energy they send back to the national grid.

New Solar PV Grant Breakdown 2024

What’s Available?

€800 per kWp up to 2kWp

€1600 for 2kWp solar panels

€250 for every additional kWp up to 4kWp

Maximum to claim for Solar PV is €2100 in €2024  (We are expecting further reductions in upcoming years 2025 and 2026)

Breakdown – €1850 for 3kWp solar panels

Breakdown – €2100 for 4kWp solar panels and higher system

 

Who’s Eligible?

All homeowners, including landlords, whose homes were built and occupied before 2021 can apply. This is defined as the date your electricity meter was installed.

 

New Air to Water Heat Pump Grant Breakdown

What’s Available?

Apartment (Any) €4,500

Semi-Detached/End of Terrace/Detached/Mid Terrace €6,500

Who’s Eligible?

All homeowners, including landlords, whose homes were built and occupied before 2021 can apply. This is defined as the date your electricity meter was installed. To qualify the home must also have a technical assessment with a HLI of less than 2 Watts/Kelvin/m2.

Other Incentives Available for Heat Pump Installations

A technical assessment is required to find out if a home is grant-eligible for a heat pump and this is at the expense of the homeowner.

However, the SEAI are offering a €200 grant towards the technical assessment of your home. This grant is only payable in conjunction with the heat pump system grant.

If you have never had a BER done on your home, you may also be entitled to a €50 grant aid for your BER assessment.

More good news is that NRG Panel is an energy efficiency partner of Electric Ireland so you may also be eligible for energy credits once you have upgraded to a heat pump. Our team will be able to apply for those on your behalf and this could result in additional savings of up to €1,290.

Fancy learning a little more about how our products can save you money and what you might be entitled to?

Why not book a free consultation with one of our energy experts who are happy to assist with any questions you may have. You can use our handy calendar which means that you can choose a time that suits you.