Key Points
- The average cost of solar panels in Indiana is $4.10 per watt.
- A typical Indiana solar panel system is 9 kilowatts, slightly larger than the U.S. average.
- You can claim the 30% federal tax credit and various state-level incentives to make your solar investment more affordable.
Learn more about residential solar panels
Solar power FAQs
Various factors affect the overall price of your solar system, including the quality of the products you choose, whether you install a battery, and your home’s energy needs. The typical price for solar panels in Indiana is $4.10 per watt. For a 9 kW system, this translates into a total cost of $36,900 before applying any tax credits or other incentives.
Solar panels can be a good investment for many homeowners. If you plan on staying in your home for many years to come, you can take advantage of long-term energy savings. Solar panels usually last between 25 and 30 years. The payback period in Indiana is about 15 years, meaning you’ll have about a decade of free energy to look forward to.
The best way to find a good solar installer is to thoroughly research your options. You can read up on all the necessary information at SaveOnEnergy and receive a free estimate of your potential solar savings. If you’d like help from an energy expert, feel free to call the number on your screen.
Solar panels don’t release any carbon dioxide when they generate power. As a result, solar is a green energy source. By helping reduce carbon dioxide levels in the atmosphere, solar power helps prevent climate change. In addition, solar is a renewable energy source since your panels can generate energy every time the sun shines.