10 Best Rated Solar Companies in Indiana
The Average Cost Of Solar Panels in Indiana
| System Size | Rough Number of Panels | Average Cost Per Watt (USD) | Average Cost Before Tax (USD) | Average Cost After Tax (USD) |
|---|
| 4kW | 10-12 | 2.15 | 8,600 | 6,020 |
| 5kW | 13-15 | 2.37 | 11,850 | 8,295 |
| 6kW | 15-18 | 2.61 | 15,660 | 10,962 |
| 8kW | 20-24 | 2.11 | 16,880 | 11,816 |
| 10kW | 25-29 | 2.51 | 25,100 | 17,570 |
| 12kW | 30-35 | 3.33 | 39,960 | 27,972 |
| 20kW | 50-59 | 2.28 | 45,600 | 31,920 |
The Average Cost Per Watt in Indiana
| System Size | Average Cost Per Watt (USD/W) |
|---|
| 4kW | 2.15 |
| 5kW | 2.37 |
| 6kW | 2.61 |
| 8kW | 2.11 |
| 10kW | 2.51 |
| 12kW | 3.33 |
| 20kW | 2.28 |
The Average Savings in Indiana
| System Size | Average Savings (USD) |
|---|
| 4kW | 8,530 |
| 5kW | 9,890 |
| 6kW | 10,873 |
| 8kW | 17,274 |
| 10kW | 18,815 |
| 12kW | 15,683 |
| 20kW | 40,820 |
The Average Payback Time in Indiana
| System Size | Average Payback Time (years) |
|---|
| 4kW | 11 |
| 5kW | 12 |
| 6kW | 13 |
| 8kW | 11 |
| 10kW | 13 |
| 12kW | 17 |
| 20kW | 11 |
