The UAE’s abundant sunshine makes it one of the best locations globally for solar energy adoption. On average, homeowners can expect to save between AED 15,000 to AED 35,000 annually on electricity bills after installing a residential solar system. For a typical 5kW system costing around AED 25,000-30,000, the payback period is approximately 5-7 years, after which you enjoy virtually free electricity for decades. Commercial establishments see even greater benefits, with larger installations generating savings of AED 100,000+ annually. The Shams Dubai initiative offers net metering, allowing you to sell excess energy back to DEWA, further improving your returns. With solar panel warranties lasting 25+ years and minimal maintenance costs, the long-term financial benefits are substantial. Additionally, solar installations increase property values by 3-4% and provide protection against rising electricity costs. Government rebates and zero-VAT policies on solar equipment make the initial investment more affordable than ever.
December 26, 2023
