Solar Panel Costs in Indiana (2026)
Avg cost: $2.95/watt | 4.2 sun hours/day | Good
Indiana Solar Overview
$2.95/W
Cost Per Watt
4.2 hrs
Peak Sun Hours
1,800 MW
Installed Capacity
Good
Solar Rating
A typical 7 kW residential system in Indiana costs $18,585 before the federal tax credit and $13,010 after. With 4.2 peak sun hours per day, the system produces approximately 8,585 kWh annually, saving an estimated $1,374/year. The payback period is approximately 9.5 years.
Net Metering in Indiana
Net metering phased out 2022; replaced with net billing at wholesale rate
State Incentives & Tax Credits
Federal ITC (30%)
Save $5,576 on a 7 kW system. Available through 2032.
Indiana State Incentive
Property tax exemption for solar; no state tax credit
Solar Service Costs in Indiana
| Service | Low | High | IN Avg |
|---|---|---|---|
| Residential Solar Installation | $13,500 | $27,000 | $20,250 |
| Commercial Solar Installation | $45,000 | $180,000 | $90,000 |
| Battery Storage Installation | $4,500 | $13,500 | $9,000 |
| Solar Panel Removal | $1,350 | $4,500 | $2,700 |
| Solar Panel Cleaning | $135 | $540 | $270 |
| Inverter Replacement | $900 | $3,150 | $1,800 |
| Solar Roof Tiles | $36,000 | $67,500 | $49,500 |
| Solar Water Heater | $2,700 | $6,300 | $4,500 |
Top Solar Installers in Indiana
- Solar Energy Solutions
- Green Solar Technologies
- Sunrun
Always verify NABCEP certification, state licensing, insurance, and customer reviews. Get at least 3 written quotes.