Ballpark Lab
Indiana solar estimate

Solar Panel Cost in Indiana (2026)

Installed solar in Indiana runs about $2.65 per watt — roughly 3% above the national average of $2.58/W. With the federal residential tax credit (25D) gone as of 2026, payback here rests on a $0.15/kWh power price and 4.3 daily peak sun hours.

Worked example: a typical $150/month home in Indiana

A $150/month electric bill in Indiana works out to about 12,000 kWh a year. Sizing a cash-purchase system to cover 100% of that:

System size
9.6 kW
Panels
24
Annual offset
100%
Gross cost
$27,940
Federal credit (25D)
$0
Expired 12/31/2025 — $0
State incentive
$0
Net cost
$27,940
Payback
15.5 yr
25-year savings
$24,676

Last updated June 30, 2026

Indiana solar numbers

Installed price
$2.65 / watt
Electricity price
$0.15 / kWh
Peak sun hours
4.3 hrs/day
State incentive
0%
Net-metering value
80% of retail

Local context: Indiana phased out full net metering; new systems get instantaneous netting at a lower export value.

Indiana credits exported power at about 80% of the retail rate (NEM 3.0-style), so a battery to store and self-use your generation usually improves the return here.

Estimate your own Indiana system

Adjust the bill, ownership, and battery options below — it's pre-set to Indiana's pricing and sun hours.

Tell us about your home

Average monthly electric bill$210
Estimated system cost
$33,530$43,550
13.6 kW34 panels
Low $34kMost likely ~$38,540High $44k
Federal tax credit
— expired Dec 2025, we won't pretend otherwise
$0
State & utility incentives
$0
Est. annual savings
$2,049
Payback period
~15.1 yr
Net cost
$34k–$44k
25-year net savings
+$35,999
iA ballpark estimate for planning — not a final quote.
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