How Much Does Solar Installation Cost in Indianapolis, IN

Have you been considering installing solar panels on your home? If so, we’ve got the information that can help make it easier for you.

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Take a look at our guide to find out more about solar installation costs and prices in Indianapolis. Use our free tool to compare prices near you.

Solar Installation Cost Calculator

Homeowners in the area of Indianapolis can save big on their energy bills by going solar. You’ll see how much money you could potentially free up each year if this is something your home needs, plus tips for making sure it goes smoothly from start to finish. For those considering solar installation in the area, expect to invest $10,017 – $15,404 for smaller homes and up to $21,453 – $55,955 if your home is larger with higher kilowatts requirements.

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Solar Efficiency Rates & Cost/kW

Panel Type	*Avg. Cost/kW – per watt	Efficiency	Approx. Life – Expectancy
Polycrystalline	$0.73-$1.09	14%-21%	25 years
Monocrystalline	$1.20-$1.49	17%-25%	32 years
Thin-Film	$1.04-$1.53	8%-14%	16 years
*National average cost by type and kW

Cost by Panel Size

Solar Panel Sizes	Avg Solar Cost in Indianapolis, IN
2 kW	$5,995
3 kW	$9,104
4 kW	$12,117
5 kW	$14,994
6 kW	$18,613
7 kW	$21,195
8 kW	$24,507

Solar Installation Within 25 Miles of These Zip Codes: 46077, 46107, 46113, 46183, 46201, 46202, 46203, 46204, 46205, 46208, 46214, 46217, 46218, 46219, 46220, 46221, 46222, 46224, 46225, 46226

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How Much Can Solar Save You?

You may be surprised by how much money you can save with solar power. The amount will depend on your home size and other factors but the benefits are worth it.

On average you can typically save upwards of $1,714 on your electricity bill annually.

Pros of Solar Panels

Energy bills reduce and eliminate
Reduce your carbon footprint
Increase property value
Earn your investment back
More consistent energy supply

Cons of Solar Panels

Installation expense
Not all roofs work
Night electricity needs

How Solar Works

Passive solar design is the best way to make your home more comfortable, as it harnesses natural resources. Systems are made up primarily of materials with favorable thermal mass or light dispersing properties that store heat from winter nights inside them so that it can be released during warmer days.

The Weather in Indianapolis Has an Impact on Solar

Indianapolis is a great place to live, and even better when you take into account the weather. The average highs for Indianapolis are actually pretty standard – with 186 sunny days per year. July sees an impressive high temperature at 84 degrees Fahrenheit, but January brings freezing nighttime lows around 19 degrees Fahrenheit.