How Much Does it Cost to Set Up An Alarm System?

Patrick Dillon
August 5, 2024

Looking for the cost of a security alarm system in Ireland? In today's world, the safety of our homes and families is more important than ever, making home security systems a crucial investment for many.

Whether you want to stop people from breaking in or simply keep an eye on things while you're away, an alarm system can provide peace of mind.

However, the cost of setting up such a system varies widely, depending on the complexity and features you choose.

From basic setups that might involve just a few sensors to advanced systems with high-tech cameras and monitoring services, understanding these costs is key to budgeting effectively for your home security.

In this blog, we will help to find out how much it really costs to set up a home security alarm system and explore types of alarms, equipment cost, and cost saving tips. 

So, let’s start exploring what it takes to secure your home and how much you might expect to invest.

What Are the Different Types of Alarm Systems?

Choosing the right type of alarm system depends largely on your personal preferences, security needs, and budget.

Each type offers unique benefits, whether it's saving money with a DIY setup or enjoying peace of mind with professional monitoring.

DIY alarm systems

Do-it-yourself (DIY) alarm systems are a popular choice for those looking to save on installation costs. These systems are user-friendly and can often be set up with basic tools and little technical know-how.

You purchase the equipment—like cameras, sensors, and motion detectors—then follow instructions to install them around your home. The flexibility to customise your setup based on specific needs and the absence of installation fees make DIY systems a budget-friendly option.

Professionally monitored systems

For those seeking extra security and convenience, professionally monitored systems offer 24/7 surveillance by a dedicated team. In case of a break-in or emergency, the monitoring service contacts the appropriate emergency services, ensuring a rapid response.

This type of system usually involves a setup fee and a monthly charge, which covers the ongoing monitoring services.

While this option is more expensive than a DIY system, the added assurance and hands-off approach it provides can be great, especially in areas with higher crime rates.

What is the Equipment Cost of Various Alarm Systems?

With a clearer understanding of the costs of different types of security equipment, you can better plan the setup that meets your needs and budget.

Self monitored alarm systems

These systems are really popular in Ireland. Unlike traditional monitored alarms where you pay a monthly fee for a service to alert you when your alarm goes off, self-monitored alarms do things a bit differently. 

They send an alert straight to your phone, which means you get the information directly and quickly, without needing a middleman. If you're thinking about getting one, the prices start at around €699.

Monitored alarm systems

Choosing a monitored alarm system can be tricky. Often, companies that sell these systems will offer them over the phone, locking you into a long-term or rental agreement.

Generally, we suggest that monitored alarm systems might not be the best value. Over time, you end up paying more for a system that doesn't offer as much as others might.

The initial installation of these systems can start at around €99, with ongoing costs of about €35 per month for monitoring and upkeep.

Unmonitored alarm systems

Unmonitored alarm systems aren't very common anymore. This is because they cost about the same as systems that you can monitor yourself, but they don't send you alerts when the alarm goes off. The price for these unmonitored alarms starts at about €699.

What Are the Financing Options and Cost-Saving Tips?

By understanding the financing options and implementing these cost-saving tips, you can secure your home without straining your budget.

Financing options

Investing in a home security system doesn't have to be a financial burden. Many companies offer financing plans that allow you to spread the cost of your equipment over several months or years.

This can make even the most advanced systems more affordable, as you can pay in smaller, manageable instalments rather than a large lump sum upfront.

Additionally, some security providers offer lease options or subscriptions that include equipment as part of the monthly monitoring fee, removing large initial expenses.

Cost-saving tips

To save money on your home security system, consider starting with a basic package that covers your essential needs and then expand as necessary.

Look for deals and discounts, especially during holiday sales or when new models are released, as companies often offer promotions on older models.

Also, check if you can integrate existing devices with new systems to avoid unnecessary purchases.

Some systems may also qualify for homeowner insurance discounts, so be sure to ask your provider about potential savings.

Conclusion

Setting up a home security system involves considering various costs, from equipment and installation to ongoing monitoring fees.

This blog has guided you through understanding these expenses, offering insights into both DIY and professionally monitored systems, as well as tips for financing and saving on these costs. Ensuring the safety of your home doesn't have to be expensive, and with the right planning, you can find a security solution that fits both your needs and budget. 

If you're ready to enhance your home security, consider reaching out to Unique Electrical. Our expert team can help you choose and install the perfect system to protect your home. Contact Unique Electrical today to get started.

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Frequently Asked Questions

What is the average cost of a home security system?

The cost for home security systems varies widely depending on the setup and features. Basic systems can start from as low as €100 to €125.

What factors affect the cost of a home security system?

Several factors can affect the cost, including whether the system is wired or wireless, the type and amount of equipment purchased, and whether you opt for professional monitoring or a self-monitored system. Additionally, the choice between professional or DIY installation can significantly affect costs​​​​.

What should I consider when choosing a home security system?

When selecting a home security system, consider the type of monitoring (professional vs. self-monitored), the installation method (professional vs. DIY), and whether the system integrates with smart home devices. It's also crucial to consider the flexibility of contract terms if you prefer not to be locked into a long-term commitment​.

How long does installation take for a home security system?

Installation time for a home security system can vary significantly. DIY installations can be done in a few hours, while professional setups might take longer, especially if the system is complex or the home is large. Professional installations usually range from a few hours to a full day​​.

Can I integrate a home security system with smart home devices?

Many modern home security systems offer integration with smart home devices such as smart locks, lights, and thermostats. Systems that support this integration often allow you to manage both security and smart home devices through a single app, enhancing convenience and control​​​​.

Is a professional monitoring service necessary for a home security system?

Professional monitoring isn't mandatory but is highly recommended for comprehensive security. Monitored systems ensure that your home is watched over 24/7, and in case of an alarm, the monitoring centre can dispatch emergency services. For those who prefer more control, self-monitored systems are available, where you are responsible for contacting authorities if needed​.

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*FYI, parts of this blog post were drafted by artificial technlogy. But rest assured, it's been thoroughly researched, edited, reviewed and me & my team.
Founder @ UniqueElectrical

Patrick Dillon is the founder of Unique Electrical, a company dedicated to innovative electrical solutions for both home and business environments. With a wealth of experience in the electrical field, Patrick is driven by a commitment to integrating cutting-edge technology and energy efficiency into every project. His expertise extends to smart home systems, renewable energy sources, and advanced electrical installations. Patrick’s passion lies in enhancing functionality and sustainability through electrical design.

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