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This paper aims to develop an integrated Quality–Cost–Environmental (QCE) indicator for the selection of photovoltaic panels (PVps) offered to customers, considering the following criteria: (i) quality satisfaction; (ii) cost-effectiveness; and (iii) environmental impact throughout the life cycle. The proposed QCE indicator was developed within a framework that incorporated an FAHP (Fuzzy Analytic Hierarchy Process), cost-effectiveness analysis (CEA), and life cycle assessment (LCA). The model test confirmed its effectiveness in choosing a PVp which combines environmental friendliness throughout its entire life cycle with satisfactory quality and a reasonable purchase price for customers. The proposed model can be utilized by individuals, businesses, and public entities for the selection of high-quality, cost-efficient, and environmentally friendly PVps—thereby promoting sustainable development. [ABSTRACT FROM AUTHOR]