2007 Installed capacity of increased drastically after 2007. During 2009 the amount of solar installations quadrupled from 16,000 to 65,000. Residential and small installations had a combined power of about 220 MWp. 2009 [pdf]
The cost of solar panels has decreased in recent years, making them more accessible. Currently, a 5,000 Wp installation costs around €6,000 including VAT. Government subsidies for solar panel installations are gradually phasing out. In Flanders, the maximum subsidy for 2024 is €375, down from €750. [pdf]
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