Hungarians keen on installing solar panels

According to an online survey by E.ON Hungaria, Hungaria have shown great interest in installing solar modules to reduce energy costs. This is a sustainable investment with a solid return.

In the online survey of 1,500 consumers carried out by the utility between March 26 and April 5, 58 percent saw solar panels as a good investment and trusted that they could cut their energy bills or even get them completely, said E.ON.

Experience shows that 25 to 30 square meters of solar modules can completely cover the annual electricity needs of an average family, with the investment amortized over a period of 7 to 9 years and serviceable decades later, the statement says.

A full 55 percent of respondents said a preference for green solutions would play an important role when investing in solar panels, while currently available government subsidies would be a factor for 23 percent of respondents, he added.

Among those who already use solar panels, 61 percent have paid for the devices themselves, 21 percent have taken out loans and 15 percent have received a subsidy, said E.ON.

A full 58 percent of those currently planning to set up a solar panel system expect it to do so with funding or subsidized loans. Less than 20 percent said they would finance the investment themselves, E.ON said.

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