In this work, the experimental investigations were piloted to study the influence of hybrid nanoparticles containing SiO2 and CeO2 nanoparticles on thermo-physical characteristics of the paraffin-based phase change material (PCM). Initially, the hybrid nanoparticles were prepared by blending equal mass of SiO2 and CeO2 nanoparticles. The hybrid-nano/paraffin (HnP) samples were prepared by cautiously dispersing 0, 0.5, 1.0, and 2.0 percentage mass of hybrid nanoparticles inside the paraffin, respectively. The synthesized samples were examined under different instruments such as field emission scanning electron microscope (FESEM), Fourier transform infrared spectrometer (FTIR), differential scanning calorimetry (DSC), thermogravimetric analyzer (TGA), and thermal properties analyzer to ascertain the influence of hybrid nanoparticles on thermo-physical characteristics of the prepared samples. The obtained experimental results proved that the hybrid nanoparticles were uniformly diffused in the paraffin matrix without affecting the chemical arrangement of paraffin molecules. Prominently, the relative thermal stability and relative thermal conductivity of the paraffin were synergistically enriched up to 115.49% and 165.56%, respectively, when dispersing hybrid nanoparticles within paraffin. Furthermore, the hybrid nanoparticles appropriately amended the melting and crystallization point of the paraffin to reduce its supercooling, and the maximum reduction in supercooling was ascertained as 35.81%. The comprehensive studies indicated that the paraffin diffused with SiO2 and CeO2 hybrid nanoparticles at 1.0 mass percentage would yield a better outcome compared to the next higher mass fractions without much diminishing the latent heat of paraffin. Hence, it is recommended to utilize the hybrid-nano/paraffin with 1.0 mass fraction of the aforementioned hybrid nanoparticles for effectively augmenting the thermal energy capacity of low-temperature solar thermal systems.