Solar Panels Cost $0k-$0k in Blackford County, IN | November, 2024
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How much do solar panels cost in Blackford County, IN in 2024?
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In Blackford County, IN, the cost per watt for solar panel systems is about $0/W in November, 2024.
In accordance with this price per watt, solar panels will cost you, on average, $0 per 1K (or 1000 watts) of generation capacounty. After receiving the 30% federal tax credit, you can expect to spend about $0, in Blackford County, for a 5 kW solar panel install. It's important to note that a larger system could be needed to satisfy your energy needs.
To the left,choose your area to determine the average roof size and the average maximum capacity of solar panels for homes in your county. Below is a complete summary of the costs, payback period, and 20-year average savings for a 5 kW system in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Blackford County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Blackford County: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Blackford County: $32,695US Average: $16,169
Solar Potential in Blackford County
Estimated system size and solar electricity production per median viable roof in Blackford County.
Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 11.9kkWh AC per yr.
Electricity Costs in Blackford County, IN & What that Means for Your Solar Panel Pricing
Energy consumers in Blackford County usually use 845 kWh per month, with an average monthly bill of 136.23. These figures also include apartments and other smaller living spaces with less energy consumption.
In November 2024, the mean electricity rate in Blackford County, IN amounts to 16.13¢ per kWh.
The price of aa 7 kW solar panel system is approximately $0 before incentives, but with the 30% federal tax credit, the price decreases to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Blackford County
On the left side below, you can find a detailed pricing breakdown for various solar panel system sizes installed in Blackford County. Although a more extensive solar installation carries a larger expense, it also offers higher electricity savings and larger income tax credits.
The calculator below and to the right gives a detailed summary of solar panel costs and benefits, based on an average electric bill of $136.23 in Blackford County. To achieve personalized results, alter the $136.23 to match your typical electricity payment.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $710 a year
Est. Price
$0
Savings from a 3kWthis system
Est. yearly production 4,437 kWh
Est. monthly savings $59
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.02 tons a year
Equivalent to planting 185 trees a year
Equivalent to driving 9,946 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $947 a year
Est. Price
$0
Savings from a 4kWthis system
Est. yearly production 5,916 kWh
Est. monthly savings $79
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 5.36 tons a year
Equivalent to planting 246 trees a year
Equivalent to driving 13,261 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,183 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,395 kWh
Est. monthly savings $99
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.7 tons a year
Equivalent to planting 308 trees a year
Equivalent to driving 16,576 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,420 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 8,874 kWh
Est. monthly savings $118
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 8.04 tons a year
Equivalent to planting 369 trees a year
Equivalent to driving 19,891 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,656 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,353 kWh
Est. monthly savings $136
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 9.24 tons a year
Equivalent to planting 424 trees a year
Equivalent to driving 22,864 mi less a year
Blackford County Solar Panel Installation Incentives & Rebates | 2024
The REAP Grant can fund anywhere from 80% to 100% of the expenses involved in setting up solar or wind turbines for rural small businesses and farms. If you believe yourself eligible, we recommend utilizing our REAP Grant eligibility tool to confirm your qualification.
Almost all residents can take advantage of a 30% federal income tax credit for residential solar, making it a practical option in various areas of the United States. Together with federal efforts, state and local programs help to promote the use of solar power.
A total of 6 solar rebates and incentives are available in Indiana through multiple utility companies and government departments.
Solar incentives in INIncentive Description Value
Renewable Energy Property Tax Exemption
Value:Varies
Property tax exemptions apply in Indiana for solar, wind, geothermal, and hydroelectric power and thermal devices. (Solar devices installed before January 1, 2012 do not qualify for an exemption.) For most generation systems, exemptions will amount to the currently assessed value of the system (adjusted for depreciation.) Solar thermal, HVAC, or pool heating systems will be exempted at a fixed amount equal to parts and labor costs. Unique to Indiana, should the owner sell their property, exemptions will not apply to the new owner. Qualifying taxpayers may claim the exemption by filing Form 18865 with their county. Additional information is available from the Indiana Department of Local Government Finance website.
Community Conservation Challenge
Value:Varies
NOTE: This program is closed to new applicants. Indiana's Community Conservation Challenge is a grant program managed by the Office of Energy Development. Commercial, industrial, or agricultural property owners may be eligible for $20,000 - $80,000 to install new renewable energy systems or make energy efficiency improvements. Projects that may qualify for funding include green vehicles, HVAC, lighting, solar PV/thermal systems, and wind turbines. At least one community must partner with the property owner, and the completed project should be visible to the public eye. Additional information is available from the OED website.
NIPSCO - Feed-In Tariff
Value:Varies
NIPSCO pays feed-in tariffs to distributed renewable energy customers with systems rated for 3 kilowatts to one megawatt of capacity. Monthly compensation will take the form of a bill credit based on the amount of excess energy sent back to the grid. Unlike net metering, NIPSCO has greater control over how much of a customer's generated energy can be considered "excess." This control is to keep the grid stable. Customers must "opt in" to receive tariffs by filling out an application on the NIPSCO website and paying an administration fee based on system capacity; the current fee is $1 per kilowatt plus $25.
Clean Energy Portfolio Standard
Value:Varies
Indiana has adopted a non-binding renewable portfolio standard called the CHOICE. There have been three clean energy targets set with the final goal of sourcing 10% of the state's energy from renewable sources by 2025. Unique to the CHOICE standard, up to 30% of investments can be in cleaner conventional energy (natural gas, CHP, and clean coal). Participation in the CHOICE is completely voluntary. Interested utilities can register with the state's Utility Regulatory Commission to submit business and project plans. As a utility makes CHOICE investments, they will earn Clean Energy Credits pegging energy capacity to a fixed dollar value. Additional information is available from the CHOICE website.
City of Bloomington - Sustainable Development Incentives
Value:Varies
Special administrative incentives may apply to new construction in Bloomington, IN if it meets certain green building standards. The city has established standards across four areas, including energy efficiency, landscape/water efficiency, public policy (specifically promoting alternative vehicles), and public transportation. Buildings meeting certain minimum quotas for projects in the goal areas may qualify for permit fee waivers and less strict setback requirements. Additional information is available from the Bloomington city website.
City of Indianapolis - Green Building Incentive Program
Value:Varies
Special permitting privileges may apply to new projects in Indianapolis or greater Marion County if designers adhere to certain energy efficiency standards. Qualifying structures should either use on-site solar panels/small wind equipment or be ASHRAE 90.1 certified. Appliances, lighting, and HVAC systems used should be ENERGY STAR certified. Once the builder applies for permits, the structure will be ranked across six sustainability criteria. If it passes minimum standards on at least half of the criteria, 30% of the total permit fees will be refunded. For each additional criterion, another 10% will be added to the total rebate. Additional information is available from the Indianapolis city website.
Are solar panels worth it in Blackford County, IN?
For homeowners in Blackford County planning to remain in their homes after the payback period for solar panels, solar energy is a logical choice. Having a 5 kW solar system in Blackford County, IN can potentially save you roughly $32,695.2 over a span of 20 years, with an average break even point of 0 years.
The cost of not having solar panels in Blackford County, IN
Choosing not to install solar panels or a different backup energy solution results in you missing out on the savings mentioned earlier and makes you fully reliant on your electric utility for electricity. The media has shown several cases where complete reliance on your utility isn't always ideal.
Lately, customers in Blackford County have typically encountered 1.23 utility outages per year. On average, an outage lasts 204.19 minutes. Major events such as earthquakes, aging infrastructure, or planned maintenance can significantly extend these time frames.
Take a look at the info below to see the number of current electricity customers without power in Blackford County.
A solar panel system could alleviate the strain of future outages, even if it doesn't have a backup battery.
Power Outages
Currently, 0 customers are being tracked in Blackford County.
What impacts the cost of solar panels in Blackford County, IN?
Your Energy Needs - With larger solar panel systems, the cost per watt declines, despite the greater upfront expense. Setting up a solar panel system that can fully offset the electric bill is advantageous to consumers because of the money saved.
Make & Model - There are numerous brands and models of solar panels and mounting equipment. Your installer’s brand preferences might necessitate selecting a reputable company. The use of superior materials is likely to result in a more satisfactory long-term experience for buyers.
Solar Panel Type - Monocrystalline panels have become the industry standard, and rightly so. Even though they are costlier, they produce more energy. The majority of installers utilize panels constructed from this material.
Your Property - No two properties or homes are identical. Uneven ground, trees, or other impediments can increase the difficulty of the installation. Nowadays, the majority of solar installers can assess your home with satellite images and include these considerations in the first cost estimate.
Labor Rates - The wage differences between companies cause costs that are passed on to the consumers. Reviews for work and customer service are usually higher for companies that pay higher wages.
Permitting & Interconnection - The local permitting and utility interconnection fees, which change by region, will influence your final installation price. Experienced local installers will integrate these numbers into your preliminary quotes to avoid any surprises.
See what solar panels cost in other Blackford County cities
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Blackford County, IN Solar Panel Cost FAQs
As of November, 2024, the average cost for solar panels in Blackford County, IN is $0/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Blackford County, IN is roughly $0.
Various utility providers and government organizations in Indiana are offering 6 rebates and incentives at this time. On top of that, most individuals are eligible for the 30% federal income tax credit.
While cash payments offer the most savings, there are now many financing options for solar panels that are also advantageous. Many installers will include information about financing options in their initial quotes.
Yes, solar panels systems of 5 kW in Blackford County, IN typically have a payback period of 0years, with expected savings on electricity costs of $32,695.2 over 20 years.
Savings from 
Environmental Impacts 
