Hungary: Rising number of prosumers

Published on 14. April 2021., SEE Energy News

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.

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