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Home Business

Rise in solar panel thefts prompts security warning

Phil Creighton by Phil Creighton
Tuesday, October 17, 2023 7:02 am
in Business
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Picture: Vivint Solar on Unsplash

Picture: Vivint Solar on Unsplash

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INSTALLED on roofs across the borough, they seem pretty safe, but a warning has been issued: thieves are after solar panels.

Rural insurance broker firm Lycetts said there has been a 48% rise in solar panel and cabling theft between 2021 and 2022 – the last for which figures are available.

It is calling on owners of the sun-powered electricity generating panels to check their security, and if they have appropriate insurance in place.

“Thefts are not limited to large-scale and commercial solar farms,” the firm’s Amanda Harman said.

“Increased energy prices, the ‘cost of living’ crisis, and the fact that properties with solar panels attract eco-conscious buyers, have contributed to a growth in residential solar panel installations.”

Homeowners typically install between 10 and 15 panels, with a value of around £7,000. With more than 1.4 million solar panels already in domestic properties – a figure that is expected to rise – criminals have realised a lucrative opportunity.

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Ms Harman said: “Although copper cabling in the stolen panels can make money for thieves, panels are often easier and quicker to steal, and can be easily advertised online and sold on the black market.”

She has recommended a number of measures that could help deter potential thieves. These included CCTV cameras, security marking, alarms, security lighting, security fencing, and anti-climb barriers.

Remote properties in rural areas are particularly vulnerable, especially to opportunistic thieves.

Domestic installations of solar panels are usually considered as ‘permanent home fixtures’ by insurance companies, provided they are located on rooftops, and not on the ground.

Ms Harman said: “Ensuring you have adequate cover on your existing home insurance policy to cover the cost of replacements should not result in any significant increases for premiums. However, it is important to seek expert advice from an experienced insurer.”

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