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Indiana Solar Incentives: Tax Credits & Rebates Guide 2024
  • Written by Jordan Smith
  • |
  • Edited by Jamie Cesanek
  • |
  • Last updated 09/06/2023

Estimate your home’s solar cost and savings

20-year savings
Upfront cost
Payback period
0 years

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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.

Ready to go solar? Call 877-307-7668 to be connected with a solar expert today!

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.

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