Hungarians keen on installing solar panels

In the online survey of 1,500 consumers conducted by the energy provider between March 26 and April 5, 58 percent saw solar panels as a good investment, trusting that they could reduce or even fully cover their energy costs, E.ON said.

Experience suggests 25-30sqm of solar panels can fully cover an average family’s annual electricity needs, with the investment paying for itself over 7-9 years while remaining serviceable decades after, the statement said.

Fully 55 percent of respondents said a preference for green solutions would play an important role in a solar panel investment, while government subsidies currently available would be a factor for 23 percent of respondents, it added.

Among those already using solar panels, 61 percent paid for the equipment themselves, 21 percent took out loans and 15 percent received a subsidy, E.ON said.

Fully 58 percent of those currently planning to set up a solar panel system expect to do so using funding or subsidised loans. Less than 20 percent said they would fund the investment on their own, E.ON said.