Solar Panel Cost Guide in Paris, NY (2024 Update)
- Paris Solar Installation Cost: $11,803
- 25-Year Savings: $5,964
- Payback Period: 19.0 Years
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Average Cost of Solar Panels in Paris
We go over average solar pricing in Paris.
In Paris, solar panels cost about 4 per watt on average.Because a 4.6-kW system is needed to cover the energy usage of a typical home in Paris, the average price of going solar will be about $11,803 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of solar system you want to get, your solar contractor and more.But, after you've paid the upfront cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $13,000 over 20 years on energy bills.
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Solar savings over time in Paris
| Year | Return on Investment |
|---|---|
| 1 years | $-10,978 |
| 3 years | $-9,326 |
| 5 years | $-7,674 |
| 7 years | $-6,022 |
| 9 years | $-4,370 |
| 11 years | $-2,718 |
| 13 years | $-1,066 |
| 15 years | $585 |
| 17 years | $2,237 |
| 19 years | $3,889 |
| 21 years | $5,541 |
| 23 years | $7,193 |
| 25 years | $8,845 |
Top Solar Installers in Paris
Putting up solar panels yourself can be a difficult undertaking, which is why using a solar installer is a good option for many homeowners. The expertise that solar installers provide can be helpful as well, particularly if you aren’t sure what type of solar equipment you need.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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
There are several 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 installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $3,650 per kilowatt in Paris.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Paris, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of 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
Most solar companies in Paris offer solar loans, which reduce your upfront costs 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 a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Paris, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that provides the products, warranties and services you want and also is within your budget.
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 | $4,192 | 19.8 years |
| 8 kW | $3.72 | $20,849 | $5,998 | 19.4 years |
| 10 kW | $3.65 | $25,550 | $8,009 | 19.0 years |
| 12 kW | $3.58 | $30,047 | $10,224 | 18.7 years |
| 14 kW | $3.50 | $34,339 | $12,643 | 18.3 years |
| 16 kW | $3.43 | $38,427 | $15,267 | 17.9 years |
| 18 kW | $3.36 | $42,311 | $18,095 | 17.5 years |
| 20 kW | $3.29 | $45,990 | $21,128 | 17.1 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Warranty: If you’re worried about the endurance of your solar system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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, NY 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 things such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Paris?
A solar panel system isn’t free in Paris, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will having solar panels impact the value of my home?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.