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:
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.
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