Solar Panels Cost $17k-$28k in Pulaski County, IN | December, 2024
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How much do solar panels cost in Pulaski County, IN in 2024?
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For going solar in Pulaski County, IN, the price per watt in December, 2024 is around $4.06/W.
As a result of the rate, solar panels will cost you about $4,060 per 1K (or 1000 watts) of production capacounty. In Pulaski County, the cost of a 5 kW system is typically $14,210, after you subtract 30% federal tax credit. Remember, a more extensive system may be needed to fully meet your energy demands effectively.
To the left,choose your area to see the average roof size and the average maximum capacity of residential solar for homes in your county. You can review the costs, payback period, and 20-year average savings for a 5 kW system installed in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Pulaski County: $14,210US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Pulaski County: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Pulaski County: $20,529US Average: $16,152
Solar Potential in Pulaski County
Estimated system size and solar electricity production per median viable roof in Pulaski County.
Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 11.9kkWh AC per yr.
Electricity Costs in Pulaski County, IN & What that Means for Your Solar Panel Pricing
Pulaski County's average monthly kWh usage is 1,136, with the typical electric bill around 170.12. This statistic also reflects data from apartments and smaller housing units, which usually use less energy needs.
For December 2024, the mean electricity rate in Pulaski County, IN amounts to 14.98¢ per kWh.
At this time, a 10 kW solar panel system costs around $40,600 before incentives, but after the 30% federal tax credit, the total drops to $28,420.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Pulaski County
To your left, we've provided a full pricing details for the various solar panel system sizes installed in Pulaski County. While a bigger solar installation does come with a larger expense, it also brings higher electricity savings and higher income tax credits.
The solar panel cost calculator, situated to the right and below, provides a cost and benefit breakdown using an average $170.12 electric bill for Pulaski County. Replace the $170.12 with your typical electricity bill to get customized results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,331 a year
Est. Price
$17,052
Savings from a 6kWthis system
Est. yearly production 8,874 kWh
Est. monthly savings $111
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 5.99 tons a year
Equivalent to planting 275 trees a year
Equivalent to driving 14,833 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,553 a year
Est. Price
$19,894
Savings from a 7kWthis system
Est. yearly production 10,353 kWh
Est. monthly savings $129
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 6.99 tons a year
Equivalent to planting 321 trees a year
Equivalent to driving 17,306 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,775 a year
Est. Price
$22,736
Savings from a 8kWthis system
Est. yearly production 11,832 kWh
Est. monthly savings $148
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 7.99 tons a year
Equivalent to planting 367 trees a year
Equivalent to driving 19,778 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,997 a year
Est. Price
$25,578
Savings from a 9kWthis system
Est. yearly production 13,311 kWh
Est. monthly savings $166
Full payback in 13 years
Environmental Impacts
Reduces CO2 emissions by 8.99 tons a year
Equivalent to planting 413 trees a year
Equivalent to driving 22,250 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,218 a year
Est. Price
$28,420
Savings from a 10kWthis system
Est. yearly production 14,790 kWh
Est. monthly savings $170
Full payback in 14 years
Environmental Impacts
Reduces CO2 emissions by 9.18 tons a year
Equivalent to planting 422 trees a year
Equivalent to driving 22,733 mi less a year
Pulaski County Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and farms might have their solar or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Wondering if you fit this category? Check your eligibility with our REAP Grant eligibility tool.
The federal government offers a 30% tax credit for residential solar systems, which makes solar appealing and sensible for a wide range of homeowners. There are also a range of state and local programs aimed at enhancing solar energy use.
Several utilities and government bodies in Indiana currently offer 6 solar rebates and incentives.
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 Pulaski County, IN?
For those planning to remain in their homes after the solar system's payback period, installing solar panels is a clear choice in Pulaski County. In Pulaski County, IN, the installation of a 5 kW solar system can save you an average of $26,618.8 over 20 years, with an average break even point of 7 years.
The cost of not having solar panels in Pulaski County, IN
Beyond missing out on the savings, the absence of solar panels or another backup energy source leads to full dependence on your electric utility for your power needs. Recent news coverage has revealed that total dependence on your utility company isn't always the most favorable scenario.
The average number of outages per customer per year in Pulaski County is 0.97. On average, the length of an outage is 151.25 minutes. Major events like landslides, overloaded power grids, or wildlife damage can cause these durations to rise considerably.
View the info below to see the number of current electricity customers without power in Pulaski County.
A solar panel system could reduce the inconvenience of future outages, even if it lacks a backup battery.
Power Outages
Currently, 0 customers are being tracked in Pulaski County.
What impacts the cost of solar panels in Pulaski County, IN?
Your Energy Needs - Even if the initial expense is higher, the price per watt drops with larger solar panel systems. Many consumers realize it's a good idea to set up a solar system that can generate enough power to offset their electric bill, because it helps them save more money.
Make & Model - Solar panels come in a range of makes and models. Because the installer might have specific brand preferences, it's essential to select a recommended installer. The selection of superior models can greatly enhance the long-term experience for buyers.
Solar Panel Type - For numerous good reasons, monocrystalline panels are now the standard in the industry. Even with a higher cost, this technology generate more energy. The majority of installers choose panels made using this material.
Your Property - Each property and home is one of a kind. Sloped land, trees, or other barriers can increase the difficulty of installing solar panels. These days, solar installers frequently utilize satellite images to evaluate your home and incorporate these considerations into the first cost estimate.
Labor Rates - The wages employees are paid from their employers are different, and these expenses are transferred to the consumers. It is frequent for companies that provide higher wages to receive better reviews for their work and customer service.
Permitting & Interconnection - Installation costs will be influenced by varying local permitting and utility interconnection fees, depending on the region. Reliable local installers will incorporate these figures into your first estimates to eliminate any surprises.
See what solar panels cost in other Pulaski County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Pulaski County?
Solar systems for selling electricity back to the grid.
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Pulaski County, IN Solar Panel Cost FAQs
As of December, 2024, the average per-watt cost for solar panels in Pulaski County, IN is $4.06/W. A 5 kW solar panel system will cost you around $14,210 in Pulaski County, IN after the federal tax credit is applied.
Right now, Indiana has 6 rebates and incentives available through a variety of utility companies and government entities. Additionally, the vast majority qualify for the 30% federal tax credit.
Although paying in cash provides the most savings, several financing options for solar panels now exist that are cost-effective. Initial quotes from installers will frequently detail information about available financing options.
Yes, the average 5 kW solar panel payback time in Pulaski County, IN is 7 years, with expected savings of $26,618.8 on electricity over 20 years.
Savings from 
Environmental Impacts 
