Solar Panels Cost 11k-22k in Kosciusko County, IN | November, 2024

Solar Panels Cost $11k-$22k in Kosciusko County, IN | November, 2024

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How much do solar panels cost in Kosciusko County, IN in 2024?

Going solar in the month of November, 2024 in Kosciusko County, IN averages out to $4.06/W.

According to this rate, we are able to conclude that for every 1 kW (1000 watts) your solar system can generate you will spend $4,060 to have your solar system installed. A 5 kW solar panel system in Kosciusko County is typically about $14,210 after accounting for the 30% federal income tax credit. Don't forget, a higher capacity system may be essential to meet your energy needs.

On the left-hand side, you can pick your county to determine the average roof size and the maximum capacity for solar panel systems in residences in your area. Below is a full breakdown of the price, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Kosciusko County: $14,210US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Kosciusko County: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Kosciusko County: $10,367US Average: $16,169

Solar Potential in Kosciusko County

Estimated system size and solar electricity production per median viable roof in
Kosciusko County.

Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 11.9kkWh AC per yr.

Electricity Costs in Kosciusko County, IN & What that Means for Your Solar Panel Pricing

The average electricity bill for a Kosciusko County resident is 127.78, with a monthly consumption of 884 kWh. Apartments and other smaller living spaces with lower energy demand are covered in this figure.

Kosciusko County, IN's electricity rate is on average 14.45¢ per kWh in November 2024.

You'll spend $22,736 on an 8 kW setup after including the 30% federal income tax credit in your calculations.

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Average solar panel costs by system size in Kosciusko County

Shown on the left, you will find a price breakdown for different solar panel system sizes installed in Kosciusko County. Even though a more extensive solar installation does come with a greater cost, it also brings increased electricity savings and more substantial income tax credits.

The breakdown of costs and benefits for solar panels, shown in the calculator below and to the right, is based on an average electric bill of $127.78 in Kosciusko County. If you want personalized results, modify the $127.78 to your usual electricity bill amount.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $828 a year
Est. Price
$11,368
Savings from a 4kWthis system
  • Est. yearly production 5,916 kWh
  • Est. monthly savings $69
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 4.98 tons a year
  • Equivalent to planting 229 trees a year
  • Equivalent to driving 12,328 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,035 a year
Est. Price
$14,210
Savings from a 5kWthis system
  • Est. yearly production 7,395 kWh
  • Est. monthly savings $86
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 6.23 tons a year
  • Equivalent to planting 286 trees a year
  • Equivalent to driving 15,411 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,242 a year
Est. Price
$17,052
Savings from a 6kWthis system
  • Est. yearly production 8,874 kWh
  • Est. monthly savings $104
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 7.47 tons a year
  • Equivalent to planting 343 trees a year
  • Equivalent to driving 18,493 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,449 a year
Est. Price
$19,894
Savings from a 7kWthis system
  • Est. yearly production 10,353 kWh
  • Est. monthly savings $121
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 8.72 tons a year
  • Equivalent to planting 400 trees a year
  • Equivalent to driving 21,575 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,656 a year
Est. Price
$22,736
Savings from a 8kWthis system
  • Est. yearly production 11,832 kWh
  • Est. monthly savings $128
  • Full payback in 15 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

Kosciusko County Solar Panel Installation Incentives & Rebates | 2024

Rural farmers and small business owners could have between 80% and 100% of their solar energy or wind turbine installation expenses covered by the REAP Grant. Believe you might qualify? Use our REAP Grant eligibility tool to check your eligibility.

For residential solar projects, almost everyone people are eligible for the 30% federal income tax credit, which makes solar a practical solution in many parts of the country. Moreover, many regional programs are intended to encourage more people to adopt solar power.

A total of 6 solar rebates and incentives are available in Indiana through different utility companies and government agencies.

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 Kosciusko County, IN?

If you're expecting to live in your home past the solar system's payback period, solar panels are a smart decision in Kosciusko County. A 5 kW solar system in Kosciusko County, IN might save you an average of $16,457.2 over 20 years, with the break even point usually being 9 years.

The cost of not having solar panels in Kosciusko County, IN

Without solar panels or another backup power source, you lose out on the previously noted savings and are fully dependent on your electric utility for electricity. Full reliance on your utility company is not always ideal, as recent media examples have demonstrated.

Generally, customers in Kosciusko County encounter around 0.94 outages. On average, an outage lasts 122.86 minutes. Major events such as vandalism, aging infrastructure or winter storms can significantly extend these time frames.

See the info below to see the number of current electricity customers without power in Kosciusko County.

Even without a backup battery, a solar panel system could ease the burden of possible future power disruptions you may encounter.

Power Outages

Currently, 0 customers are being tracked in Kosciusko County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Kosciusko County, IN?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size grows. It is often advantageous for homeowners to install a solar system that can make enough electricity to offset their electric bill, which results in significant savings.

Make & Model - There are a range of makes and models of solar panels. As the installer might have specific brand preferences, it's important to choose a highly rated installer. Consumers who opt for better materials usually enjoy a more favorable long-term experience.

Solar Panel Type - For valid reasons, monocrystalline panels have become the standard in the industry. They come with a higher price but are more energy-efficient. Many solar panel installers use panels made of this material.

Your Property - Elements like trees, sloped land, or other considerations might complicate the installation process. Many solar installers now are able to use satellite imagery to assess your home and factor in these aspects in the first cost estimate.

Labor Rates - The pay that various companies offer their employees are different, and these costs are transferred to the consumers. Companies that pay higher wages frequently garner higher reviews for their services and customer service.

Permitting & Interconnection - The cost of your installation will be affected by the local permitting and utility interconnection fees, which differ depending on the area. Reliable installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other Kosciusko County cities

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Who are the best solar installers in Kosciusko County?

YellowLite

Cleveland, OH(216) 333-1364

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

Power Home Solar

Mooresville, NC(704) 870-3670

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Harvest Solar

Jackson, MI(888) 907-6527

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

GRNE Solar

Palatine, IL(312) 859-3417

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Ideal Energy

Fairfield, IA(800) 634-4454

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Icon Solar

Milford, OH(513) 396-7777

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Kosciusko County, IN Solar Panel Cost FAQs

  • The typical cost per watt for solar panels in Kosciusko County, IN as of November, 2024 is $4.06/W. The approximate cost of a 5 kW solar panel system in Kosciusko County, IN, after deducting federal tax credits, is $14,210.

  • Residents of Indiana can currently take advantage of 6 rebates and incentives offered by various utilities and government bodies. In addition, the 30% federal income tax credit is available to almost everyone.

  • Even though paying cash provides the most savings, there are now several financing options for solar panels that also are financially sensible. Installers will often include details on financing partners in the quotes they provide initially.

  • Yes, the average 5 kW solar panel payback period in Kosciusko County, IN stands at 9 years, yielding average electricity savings of $16,457.2 over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-11-04