Solar Panel Cost Guide in Paris, KY (2025 Update)
- Paris Solar Installation Cost: $24,737
- 25-Year Savings: $23,577
- Payback Period: 15.7 Years
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Average Cost of Solar Panels in Paris
Find out what the average cost of solar panels are in Paris.
In Paris, solar panels cost about 4 per watt on average.Because a 9.7-kW system is needed to cover the energy consumption of a typical home in Paris, the average price of going solar will be about $24,737 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of installing solar panels can vary depending on several factors, such as how many panels you need, your energy usage and what installation company you go with.But, once you've paid the upfront cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $15,000 over 20 years on energy bills.
To receive a free estimate from a top solar installation company in Paris, you can click the button below.
Solar savings over time in Paris
| Year | Return on Investment |
|---|---|
| 1 years | $-23,358 |
| 3 years | $-20,601 |
| 5 years | $-17,843 |
| 7 years | $-15,085 |
| 9 years | $-12,327 |
| 11 years | $-9,569 |
| 13 years | $-6,812 |
| 15 years | $-4,054 |
| 17 years | $-1,296 |
| 19 years | $1,462 |
| 21 years | $4,219 |
| 23 years | $6,977 |
| 25 years | $9,735 |
Top Solar Installers in Paris
Trying to install solar panels yourself can be a time-consuming project, which is why hiring a solar installation company is a good option for many homeowners. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over the lifespan of your panels.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Paris
Factors that Affect Solar Panel Costs in Paris
There are many criteria that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,650. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Paris to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to paying more over time due to interest.However, the interest on solar loans also adds to your all-in costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Paris is the company you get to install your PV system. Similar to choosing a company to renovate your kitchen, for example, you’ll have no shortage of solar installers that provide a range of services at different price points.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.80 | $15,943 | $8,495 | 16.3 years |
| 8 kW | $3.72 | $20,849 | $11,736 | 16.0 years |
| 10 kW | $3.65 | $25,550 | $15,181 | 15.7 years |
| 12 kW | $3.58 | $30,047 | $18,830 | 15.4 years |
| 14 kW | $3.50 | $34,339 | $22,684 | 15.1 years |
| 16 kW | $3.43 | $38,427 | $26,742 | 14.7 years |
| 18 kW | $3.36 | $42,311 | $31,005 | 14.4 years |
| 20 kW | $3.29 | $45,990 | $35,472 | 14.1 years |
How to Save on Solar Panels
There are a lot of companies available in Paris, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Before you sign a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar panel installer. Confirm that you understand how the installation process works and the completion timeline.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
EcoWatch's Paris, KY Solar Cost FAQs
What is the average cost of installing solar panels in Paris?
The average cost of solar panels in Paris is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How long do solar panels last in Paris?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.