Solar Panel Cost Guide in Paris, IL (2025 Update)
- Paris Solar Installation Cost: $16,574
- 25-Year Savings: $7,797
- Payback Period: 20.9 Years
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Average Cost of Solar Panels in Paris
We go over average solar pricing in Paris.
Although the national average of solar panels is $2.66 per watt, solar panels in Paris typically cost around 4.The average Paris homeowner needs a 6.3-kilowatt system, which would cost about $16,574 with the federal tax credit, or $23,701 before the 0 tax credit is applied.
The true cost of your system can be above or below the average in Paris based on a variety of factors, such as the type of solar panels you choose and the solar installer you hire.But, after you've paid the initial cost of installation, the ROI for most homeowners is quite fruitful, with a net average savings of about $12,000 over 20 years on electricity bills.
You can click the button below to get connected with a top solar installer in Paris for a quote for your home.
Solar savings over time in Paris
| Year | Return on Investment |
|---|---|
| 1 years | $-15,723 |
| 3 years | $-14,022 |
| 5 years | $-12,320 |
| 7 years | $-10,619 |
| 9 years | $-8,918 |
| 11 years | $-7,217 |
| 13 years | $-5,515 |
| 15 years | $-3,814 |
| 17 years | $-2,113 |
| 19 years | $-411 |
| 21 years | $1,290 |
| 23 years | $2,991 |
| 25 years | $4,692 |
Top Solar Installers in Paris
Putting up solar panels yourself can be a dangerous project, which is why hiring a solar installation company is a good option for many homeowners. Some solar companies, especially local ones, can help you make the most of incentives in Paris, therefore optimizing your ROI.
If you’d like to make the switch to solar but still aren’t sure which solar system company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Paris
Factors that Affect Solar Panel Costs in Paris
While the average cost of a solar system in Paris is $16,574, your actual cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Paris, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Paris homeowners choose to finance their solar panel systems to offset upfront costs.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can impact the cost. Paris’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.91 | $16,424 | $2,471 | 21.7 years |
| 8 kW | $3.84 | $21,477 | $3,716 | 21.3 years |
| 10 kW | $3.76 | $26,320 | $5,171 | 20.9 years |
| 12 kW | $3.68 | $30,952 | $6,837 | 20.5 years |
| 14 kW | $3.61 | $35,374 | $8,714 | 20.1 years |
| 16 kW | $3.53 | $39,585 | $10,801 | 19.6 years |
| 18 kW | $3.46 | $43,586 | $13,099 | 19.2 years |
| 20 kW | $3.38 | $47,376 | $15,607 | 18.8 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Different companies offer different brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the completion timeline.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one sign of a good company.
EcoWatch's Paris, IL Solar Cost FAQs
What is the average cost of installing solar panels in Paris?
The average cost of solar panels in Paris is about $18,800 for a 5-kW system and $37,600 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Paris?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Can you sell solar power back to the grid in Paris?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.