UK Residential Solar Sector Set for 14.20% CAGR Growth Through 2033

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:

UK households are looking to solar power more and more. This shift is due to rising energy prices and environmental worries. Solar energy offers a reliable and affordable solution for many. Programs like zero-VAT installations and feed-in tariffs help homeowners install rooftop PV systems. This trend is boosting market growth.

Technological Advancements in Solar Modules

The residential segment is improving. Solar panel efficiency and storage options are getting better. Monocrystalline and bifacial solar modules are now easier to find. Smart inverters and battery systems help homes use energy wisely. They make homes more self-sufficient.

Favorable Government Policies and Net-Zero Commitments

The UK government aims for net-zero emissions by 2050. This goal is speeding up the shift to residential solar energy. Regulations and greater public awareness boost investments in solar technology and home systems.

Cost Competitiveness and Long-Term Savings

The cost of solar panel installation is going down. This makes them easier for middle-income families to afford. Homeowners are seeing long-term savings from lower electricity bills. This is leading to more repeat installations and recommendations in local communities.

UK Residential Solar Market News

• July 2025: Octopus Energy launches a new solar installation program targeting 50,000 UK homes by 2027.
• March 2025: UK government introduces a £100 million grant scheme to support residential solar-plus-storage systems.
• December 2024: Tesla expands Powerwall distribution partnerships across the UK to support solar storage integration.
• September 2024: The Microgeneration Certification Scheme (MCS) reports a 40% year-over-year increase in certified residential solar installations.

For an in-depth analysis, you can refer sample copy of the 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 (2018–2023)
• Market Outlook (2025–2033)
• Industry Trends and Developments
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Segmentation
• Competitive Landscape Analysis
• Strategic Recommendations

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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