Are solar panels a good investment in France?

As electricity prices continue to soar in France - up 60% in four years - more people are turning towards solar panel kits, which promise to help users save on energy costs and installation prices. The estimated extra cost of electricity in 2024, compared to 2020, is €540 per household per year.

How much does a DIY solar panel cost in France?

The average price for a DIY kit including 16 panels is around €6,250. These are generally capable of producing 64,000Wc (watt crête, or 6.4 kWc), which is about 1.5x the power consumption of an average household in France.

Can you have solar panels on a property in France?

Other rules may apply if your property in France is located in certain historic areas. Read more: Can you have solar panels on homes in historic areas of France? You will also need to contact Consuel for an Attestation de Conformité to confirm your installation is safe to be connected to the main power grid, which costs €180.

Will French Guiana reach 85% renewables by 2023?

French energy minister Ségolène Royal has signed a decree establishing an energy programme (PPE) for French Guiana, that aims to use solar, biomass and hydro to reach 85% renewables generation by 2023. The PPE for the region in South America was co-developed between France and the territorial community of French Guiana.

How much does a solar panel cost?

Instructions usually say that it is best to weigh the panels down to ensure they can withstand wind and inclement weather, and to tilt them at 15-20 degrees in summer, and at 35-45 in winter. Popular ‘plug-and-play’ systems include: Beem Kit 420W. Peak power: 420 Wp. Average yearly production: 500 kWh. Price: €699. Sunology PLAY.

How much does solar energy cost in 2024?

The estimated extra cost of electricity in 2024, compared to 2020, is €540 per household per year. Combined with rising inflation, and increased fuel and food costs, this has prompted some to make the switch to solar energy.