Solar Panel Cost Guide in Paris, OH (2024 Update)
- Paris Solar Installation Cost: $18,123
- 25-Year Savings: $15,363
- Payback Period: 15.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Paris
Find out what the average cost of installing solar panels is in Paris.
In Paris, solar panels cost about 3 per watt on average.To account for the typical energy needs of the average home in Paris, most homeowners require a 7.6-kilowatt system. Using the figure above, a solar installation costs around $18,123, or $25,916 before the federal solar tax credit of 0 is applied.
These figures are only estimates, and the cost of going solar for you will differ based on your energy needs and what company you choose to go with.Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Paris can save around $14,000 on their energy bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in Paris for a customized estimate.
Solar savings over time in Paris
| Year | Return on Investment |
|---|---|
| 1 years | $-17,104 |
| 3 years | $-15,068 |
| 5 years | $-13,031 |
| 7 years | $-10,995 |
| 9 years | $-8,958 |
| 11 years | $-6,921 |
| 13 years | $-4,885 |
| 15 years | $-2,848 |
| 17 years | $-812 |
| 19 years | $1,225 |
| 21 years | $3,262 |
| 23 years | $5,298 |
| 25 years | $7,335 |
Top Solar Installers in Paris
When making the switch to solar, many homeowners opt to go with a solar installer since putting up a solar system yourself can be a time-consuming project. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives you can take advantage of and by providing warranties and repairs.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Paris
Factors that Affect Solar Panel Costs in Paris
For many Paris homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Paris, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar system in Paris, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by about $3,410 for each additional kilowatt you need.The brand and type of equipment you choose 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 have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof 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 add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Paris have solar loans, which reduce your upfront costs of installing solar panels.However, the interest on solar loans also adds to your all-in costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installation company you choose will influence your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $3.55 | $14,895 | $7,998 | 16.3 years |
| 8 kW | $3.48 | $19,478 | $11,046 | 16.0 years |
| 10 kW | $3.41 | $23,870 | $14,285 | 15.6 years |
| 12 kW | $3.34 | $28,071 | $17,714 | 15.3 years |
| 14 kW | $3.27 | $32,081 | $21,335 | 15.0 years |
| 16 kW | $3.21 | $35,900 | $25,147 | 14.7 years |
| 18 kW | $3.14 | $39,529 | $29,150 | 14.4 years |
| 20 kW | $3.07 | $42,966 | $33,343 | 14.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: Different companies offer various brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Paris, OH Solar Cost FAQs
What is the average cost of installing solar panels in Paris?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Paris?
A solar panel system isn’t free in Paris, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Paris is currently $245,068, so you could be looking at a value of about $10,048 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Paris is a worthwhile investment.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to 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.
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.