The costs for solar panels range between €500 and €600 per panel including installation. For a complete set of 6 panels, you pay an average of €3,100, while a larger system of 18 panels comes out to around €6,750. What your exact investment and payback period are, depend on your wishes and what suits you best. Several factors influence the final price: the type of panel (monocrystalline, polycrystalline), its power, its size, and the quality of the cells. Current market data reveals a market balancing high-quality local supply with ultra-competitive. The math: 12 panels for around ~7000 25 years warranty on everything To not spend money upfront, we can make a loan in the bank, around 9% interest rate.