UK Residential Solar Market Overview
Market Size in 2024: USD 946.85 Million
Market Forecast in 2033: USD 3,128.06 Million
Market Growth Rate (2025–2033): 14.20% CAGR
The UK residential solar market size reached USD 946.85 Million in 2024, according to a new report by IMARC Group. Looking forward, the market is projected to reach USD 3,128.06 Million by 2033, expanding at a CAGR of 14.20% during 2025–2033.
UK Residential Solar Market Trends and Drivers:
The UK government aims for net-zero carbon emissions by 2050. This goal is greatly encouraging more homes to use solar energy solutions. More homeowners are choosing rooftop solar panels. They want to rely less on fossil fuels, lower energy bills, and help the environment.
Advancements in Solar Technology
New solar panel technologies are boosting energy generation. Bifacial modules and more efficient PV cells are key examples. Also, integrated battery storage solutions help more people use solar energy. Advancements in solar inverters and monitoring systems are boosting efficiency. They also help with smart energy management. This makes solar installations appealing to both urban and rural homes.
Impact of Rising Energy Prices
Rising energy costs in the UK are pushing homeowners to look for renewable options. They want to lower their monthly electricity bills. Residential solar systems with energy storage let users save energy. They also help lessen the impact of changing energy prices. This promotes a move toward energy independence.
Growing Investments and Financing Options
Financial institutions and green energy providers now offer loans, leasing, and “solar-as-a-service” models. These options help make residential solar installations more affordable. Renewable energy adoption is boosting property values, which helps the market grow strong.
UK Residential Solar Market News
- April 2025: Octopus Energy launched a new home solar and battery package, offering customers a combined solution for renewable energy generation and storage.
- January 2025: The UK government announced additional funding for residential solar adoption under its “Green Homes Grant” initiative.
- November 2024: Tesla expanded its UK residential solar offerings with improved Powerwall integration for home energy storage.
Request Free Sample Report:
https://www.imarcgroup.com/uk-residential-solar-market/requestsample
UK Residential Solar Market Segmentation:
Technology Insights:
- Crystalline Silicon
- Thin-Film
Type Insights:
- Rooftop Solar Systems
- Ground-Mounted Solar Systems
Connectivity Insights:
- On-Grid Solar Systems
- Off-Grid Solar Systems
Regional Insights:
- London
- South East
- North West
- East of England
- South West
- Scotland
- West Midlands
- Yorkshire and The Humber
- East Midlands
- Others
Explore the Full Report with Charts, Table of Contents, and List of Figures:
https://www.imarcgroup.com/request?type=report&id=29739&flag=C
Key Highlights of the Report:
- Market Performance (2018–2024)
- Market Outlook (2025–2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it as part of the customization.
About Us:
IMARC Group is a leading market research company providing management strategy and market research services worldwide. We help organizations identify high-value opportunities, address critical challenges, and optimize their operations.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No. (D): +91 120 433 0800
United States: +1-201971-6302
