Solar Panels Cost $19k-$31k in Jackson County, IN | November, 2024
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How much do solar panels cost in Jackson County, IN in 2024?
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The average cost per watt for solar panel installations in Jackson County, IN in November, 2024 is estimated at $4.03/W.
Applying this cost per watt, we are able to come to the conclusion that for every 1000 watts (1 kW) of solar generation capacounty will require an investment of $4,030 for installation. In Jackson County, you can expect to spend approximately $14,105 for a 5 kW panel install once the 30% federal income tax credit is factored in. A bigger system might be needed to fully meet your energy demands.
Use the left-hand menu to choose your area and find out the average roof size and the maximum production capacity for solar panel systems on homes in your county. Additionally, you can also see an analysis of the price, payback period and 20 year average savings for a 5 kW system in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Jackson County: $14,105US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Jackson County: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Jackson County: $29,405US Average: $16,169
Solar Potential in Jackson County
Estimated system size and solar electricity production per median viable roof in Jackson County.
Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 11.9kkWh AC per yr.
Electricity Costs in Jackson County, IN & What that Means for Your Solar Panel Pricing
In Jackson County, the standard electric bill is 206.48 per month, and residents use 1,299 kWh. Small homes, such as micro-apartments, are also encompassed in the statistics mentioned in the previous sentence.
For November 2024, the mean electricity rate in Jackson County, IN amounts to 15.9¢ per kWh.
You will pay approximately $44,330for an 11 kW solar panel installation initially, but the federal tax credit gives you 30% back, bringing the total to $31,032.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Jackson County
To the left, you will find a cost breakdown for various solar panel system sizes set up in Jackson County. Bigger solar installations have a greater cost, yet they also offer increased electricity savings and higher income tax credits.
Using the solar panel cost calculator situated down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $206.48 in Jackson County. For a more detailed estimate, replace the $206.48 with your average electricity bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,656 a year
Est. Price
$19,747
Savings from a 7kWthis system
Est. yearly production 10,353 kWh
Est. monthly savings $138
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 6.17 tons a year
Equivalent to planting 284 trees a year
Equivalent to driving 15,284 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,893 a year
Est. Price
$22,568
Savings from a 8kWthis system
Est. yearly production 11,832 kWh
Est. monthly savings $158
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 7.06 tons a year
Equivalent to planting 324 trees a year
Equivalent to driving 17,467 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,130 a year
Est. Price
$25,389
Savings from a 9kWthis system
Est. yearly production 13,311 kWh
Est. monthly savings $177
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 7.94 tons a year
Equivalent to planting 365 trees a year
Equivalent to driving 19,651 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,366 a year
Est. Price
$28,210
Savings from a 10kWthis system
Est. yearly production 14,790 kWh
Est. monthly savings $197
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 8.82 tons a year
Equivalent to planting 405 trees a year
Equivalent to driving 21,834 mi less a year
System Size 11kW
Roof Size Min. space required
787 ft²
Electricity Value Annual Production $2,603 a year
Est. Price
$31,031
Savings from a 11kWthis system
Est. yearly production 16,269 kWh
Est. monthly savings $206
Full payback in 13 years
Environmental Impacts
Reduces CO2 emissions by 9.21 tons a year
Equivalent to planting 423 trees a year
Equivalent to driving 22,809 mi less a year
Jackson County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing solar or wind turbines for rural agricultural enterprises and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. If you feel you might be eligible, try our REAP Grant eligibility tool to verify your qualification.
For those looking into residential solar, the 30% federal income tax credit is accessible to nearly everyone, making solar a feasible option in various states. Furthermore, a variety of state and local programs are available to incentivize solar adoption.
There are 6 solar rebate and incentive programs currently offered in Indiana by multiple utilities and government agencies.
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 Jackson County, IN?
If you're planning to stay in your home past the period required to pay back your solar investment, opting for solar panels is a wise decision in Jackson County. In Jackson County, IN, a 5 kW solar system installation might save you $35,450.2 on average over 20 years, with a typical break even point of 6 years.
The cost of not having solar panels in Jackson County, IN
Without solar panels or another energy backup source, you miss out on the savings highlighted earlier and are completely dependent on your electric utility for power. Total reliance on your utility is not always ideal, as several recent news reports have highlighted.
Lately, the average number of utility outages per customer in Jackson County has been 1.2 annually. The average duration of each outage is 120.58 minutes. During severe events like grid management errors, hurricanes or wildlife damage, these times can grow significantly longer.
See the component below to see the number of current electricity customers without power in Jackson County.
Whether it comes with a backup battery or not, a solar panel system could reduce the burden of any future power interruptions you may encounter.
Power Outages
Currently, 0 customers are being tracked in Jackson County.
What impacts the cost of solar panels in Jackson County, IN?
Your Energy Needs - The cost per watt declines with larger solar panel systems, even if the upfront cost is larger. For most consumers, installing a system that can produce enough power to eliminate their entire electric bill is beneficial, providing significant savings.
Make & Model - There are a variety of makes and models of solar panels. As your contractor may prefer particular brands, it's crucial to choose a highly rated company. Buyers who opt for high-quality materials usually enjoy a superior long-term experience.
Solar Panel Type - Monocrystalline panels have emerged as the standard in the industry, and for valid reasons. Although the cost is more, they yield more energy. Many installers use these kinds of panels.
Your Property - Factors like trees, uneven land, or additional hurdles may make the installation more challenging. Today, the majority of solar installers can evaluate your home with satellite images and include these considerations in the first cost estimate.
Labor Rates - The wages that companies give their employees are different, and these expenses are ultimately reflected in consumer prices. It is typical for businesses that provide higher wages to receive better reviews for their services and customer service.
Permitting & Interconnection - The fees for local permitting and utility interconnection, which vary by area, will influence the cost of your installation. Good local installers will integrate these figures into your initial estimates to avoid any surprises.
See what solar panels cost in other Jackson County cities
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Jackson County, IN Solar Panel Cost FAQs
As of November, 2024, the typical cost for solar panels in Jackson County, IN is $4.03/W. A 5 kW solar panel system will cost you around $14,105 in Jackson County, IN after the federal tax credit is applied.
Currently, Indiana residents can benefit from 6 rebates and incentives available through various utilities and government bodies. Furthermore, almost all individuals are entitled to the 30% federal income tax credit.
Although paying in cash ensures the most savings, numerous financing options for solar panels now exist that are cost-effective. Your initial quotes will often include information about financing options provided by installers.
Yes, homeowners in Jackson County, IN can expect 5 kW solar panels to pay off in 6 years, with an estimated $35,450.2 in electricity savings during a 20-year span.
Savings from 
Environmental Impacts 
