Indiana Goes Solar with SunPower®
The State of Solar Panels in Indiana
Indiana receives a fair amount of sunshine each year, with an annual average of 186 sunny days.* Though the state is below the national sunny day average of 205 days, its national solar ranking improved from 32nd place in 2020 to 20th place in 2021 due to a $1.2 billion investment in solar panels and other clean energy infrastructure.*
SunPower service areas in Indiana: Fort-Wayne, Indianapolis.
Save by Going Solar
How Much Energy Do Solar Panels Indiana Produce?
Indiana was one of the top 10 solar states in the United States in the first quarter of 2021. According to the Solar Energy Industries Association (SEIA), the state has enough solar capacity to power over 111,000 houses.* Officials expect the number to grow with upcoming solar panel installation projects like the Mammoth Project in Pulaski County.
What are the Benefits of Solar Panel Installations in Indiana?
The most significant reasons for Hoosiers to invest in solar panels for homes are twofold: financial savings and environmental protection.
Unlike coal, which Indiana has in abundance, solar energy is clean and produces no pollution. By installing solar photovoltaic (PV) systems, residents and businesses will be able to reduce their carbon footprint and contribute less to harmful greenhouse gas emissions.
Solar PV systems also come with 20- to 25-year warranties, ensuring that they will be able to generate power for years. Indiana residents who opt for solar panel installations will immediately see monthly energy savings on utility bills, and the payback period in Indiana for solar power is about 16 years.* The system you install will ultimately pay for itself before the end of its lifespan. Solar panel installation in Indiana can be a long-term investment for your home that supports both sustainability and your budget.
How much do solar panels cost in Indiana?
The cost of a home solar system can vary, even in the same state, due to a range of factors. These include:
Roof condition, structure, and space
Property's energy use
Solar installer
Quality of solar panels and other equipment
Local weather
To help you understand the price of going solar in your area, we've analyzed SunPower price quotes as well as quotes gathered by third-party sources for thousands of homeowners across the country. In Indiana, we found that the average investment to own a 5 kW solar system ranges from $13,000 to $15,200, or in other words, from $2.60 to $3.04 per watt. And that's before considering the benefits of any available tax credits or incentives. The federal solar tax credit is one way to offset some of the installation costs for a new solar PV system.
It is a 30% tax credit for solar PV systems with a completed installation within the same tax year. To receive the credit, you must own a new system that actively generates electricity for the residence. Tax credits and incentives are subject to change. Visit dsireusa.org for detailed solar policy information. Indiana also encourages residents to switch to clean energy with statewide incentives like the Renewable Energy Property Tax Exemption.*
The assessed value of a new solar system on Indiana homes is exempt from property taxes. So, while the system will boost your home's value, it is not counted toward your property taxes. You may have heard of a concept called net metering, which is a policy in many states.
Unfortunately, the 2017 Indiana General Assembly legislation SEA 309 ended net metering programs on July 1, 2022, for new solar customers of Indiana's investor-owned utilities (IOUs).* This legislation replaced net metering with "excess distributed generation" (EDG), which compensates solar owners 2.772 cents per kWh for the electricity they send to the grid.* Understanding the cost of solar panels Indiana residents face today can help you plan the most affordable way to go solar and take advantage of all available programs and rebates.
Own Your Solar System with Easy Solar Financing
Best Way to Get Solar Panel Installation in Indiana
Going solar can be an overwhelming process for many homeowners and businesses in Indiana. Anyone making the switch needs to do extensive research because generic solar energy solutions may not work for your household. You should consider everything from the condition and structure of your roof to the solar provider before you find a suitable solar energy solution.
When you are ready to go solar, be sure to work with a reputable, licensed solar contractor that has experience helping homeowners and business owners get the perfect solar system for their property. You should arrange for a consultation and custom design that meets your budget, property, and energy needs.
Look into getting a solar system that boosts your property value and complements its visual style. A reputable solar energy company should also help you access every available solar incentive and rebate to help you reduce installation costs.
If you’re ready to get started, we’re here to make it as easy as possible. Simply request a free consultation with SunPower below and we'll follow up with a quick call to schedule a time. You can also call us directly at 1-385-489-5552.
Whether you're a homeowner or business owner, exploring solar panels in Indiana with expert guidance can make your transition to clean energy smoother and more cost-effective.