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.
The average cost of a solar panel system in Paris is 4 per watt.The average solar panel system size in Paris is around 6.3 kilowatts, meaning a cost of about $16,574 for a solar installation, or $23,701 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you may differ based on factors unique to your home and what company you want to go with.Despite the high upfront cost, the average Paris homeowner can save around $12,000 on their power bills over 20 years, which is one of the positives of solar.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
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
Although it's possible to install solar panels yourself, it requires extra effort and knowledge. For that reason, the majority of homeowners choose a solar panel installer. Local solar companies can also help you optimize your return on investment by walking you through any local incentives you can benefit from and by providing warranties and repairs.
If you’d like to make the switch to solar but still aren’t sure which solar system installer to go with, here are our recommendations for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Paris
Factors that Affect Solar Panel Costs in Paris
The cost of installing a solar system in Paris can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,760. The brand of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
Most solar companies in Paris offer solar loans, which reduce the initial cost of installing solar.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Paris is the company you get to install your solar system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials 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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The type of solar panel you want plays a role in which installer you should choose, since different companies provide different panels.
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar company. Confirm that you understand how the installation process will go and the completion timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 things like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Paris?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Does Paris have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.