Tax, Benefits & Cost of LivingBusiness & Finance

Solar panels become less profitable for households in North Holland

Almost half of the homes in North Holland North have solar panels, with about 146,500 panels in total. Their financial return is expected to fall from 1 January following the end of the net-metering arrangement. In the central and southern parts of the province, solar panels are installed at about 20% of homes; excluding Amsterdam, the figure is about 30%. Amsterdam has the highest total number of panels, around 46,600, but they are installed at fewer than 10% of homes there. Municipal subsidies, group purchases and local energy cooperatives have contributed to the spread of solar panels, although growth has slowed in recent years.

Heerhugowaard's City of the Sun district was built about 20 years ago with roughly 44,000 solar panels, three wind turbines and new trees in Park Luna. The municipality of Dijk en Waard said the district was intended to be CO2-neutral and is now a completed project. It added that the original aim was clean energy generation rather than financial returns from feeding electricity into the grid, and that the municipality has no role in the latter.