Solar Panels Cost $0k-$0k in Union County, IN | November, 2024
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How much do solar panels cost in Union County, IN in 2024?
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Going solar averages out to $0/W in the month of November, 2024 in Union County, IN.
It will cost you $0, on average, per 1K (or 1000 watts) of capacounty that your solar panels have. After the 30% federal tax credit, the average expense for a 5 kW panel install in Union County is approximately $0. Please keep in mind that a more powerful system might be essential to fully meet your energy needs.
On the left side, select your county to discover the typical roof size and the maximum capacity of solar panel systems for homes in your area. Displayed below is an analysis of the costs, 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.
Union County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Union 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.
Union County: $40,200US Average: $16,169
Solar Potential in Union County
Estimated system size and solar electricity production per median viable roof in Union County.
Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 11.9kkWh AC per yr.
Electricity Costs in Union County, IN & What that Means for Your Solar Panel Pricing
Union County households typically consume 1,133 kWh each month and have an average monthly electric bill around 167.50. Smaller houses, including condos and duplexes, are also encompassed in the statistics mentioned in the previous sentence.
In November 2024, the mean electricity rate in Union County, IN amounts to 14.78¢ per kWh.
Presently, a 10 kW solar system will be priced at around $0at first, but thanks to the 30% federal tax credit, you get a 30% reimbursement, reducing the total to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Union County
Displayed on the left side, you'll see a detailed cost summary of the multiple sizes of solar panel systems installed in Union County. The investment for a more extensive solar panel setup is larger, but it also yields more significant electricity savings and more substantial income tax credits.
Using the solar panel cost calculator positioned down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $167.50 in Union County. Change the $167.50 with your average 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
$0
Savings from a 6kWthis system
Est. yearly production 8,874 kWh
Est. monthly savings $111
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.1 tons a year
Equivalent to planting 280 trees a year
Equivalent to driving 15,096 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,553 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,353 kWh
Est. monthly savings $129
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.12 tons a year
Equivalent to planting 327 trees a year
Equivalent to driving 17,612 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,775 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,832 kWh
Est. monthly savings $148
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 8.13 tons a year
Equivalent to planting 373 trees a year
Equivalent to driving 20,128 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,997 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,311 kWh
Est. monthly savings $166
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 9.15 tons a year
Equivalent to planting 420 trees a year
Equivalent to driving 22,644 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,218 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 14,790 kWh
Est. monthly savings $168
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
Union County Solar Panel Installation Incentives & Rebates | 2024
Rural entrepreneurs and farmers might find that the REAP Grant pays for 80% to 100% of their costs when installing photovoltaic or wind energy systems. Believe you might qualify? Use our REAP Grant eligibility tool to confirm your eligibility.
Installing residential solar panels comes with a 30% federal tax credit, accessible to most homeowners, making it a good option for many areas across the country. Additionally, there are numerous state and local incentives to further promote the adoption of solar energy.
Different utilities and governmental bodies in Indiana offer 6 solar rebate and incentive programs.
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 Union County, IN?
For those in Union County intending to stay in their homes past the payback period of their solar system, solar panels make excellent sense. A 5 kW solar system in Union County, IN might save you an average of $40,200 over 20 years, with the break even point generally being 0 years.
The cost of not having solar panels in Union County, IN
Beyond missing out on the savings noted above, the absence of solar panels or an alternative backup energy solution leads to total dependency on your electric utility for power. As evidenced by recent news stories, full reliance on your utility company is not always ideal.
Each year, customers in Union County face about 0.94 outages. The average length of an outage is 107.47 minutes. However, during significant events such as lightning strikes, aging infrastructure, or wildlife damage, this duration can grow considerably.
View the graphic below to see the number of current electricity customers without power in Union County.
Installing a solar panel system, irrespective of whether it features a backup battery, could reduce the pressure of future outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in Union County.
What impacts the cost of solar panels in Union County, IN?
Your Energy Needs - Though the initial cost of larger solar panel systems is larger, the price per watt diminishes as the system gets larger. It is often beneficial for consumers to set up a solar system that can produce enough electricity to offset their electric bill, which results in substantial savings.
Make & Model - Solar panels and mounting equipment, just like many other products, come in different makes and models. The installer’s preference for brand makes it essential to pick a reputable company. Better quality materials often result in a more positive long-term experience for buyers.
Solar Panel Type - There's a good reason why monocrystalline panels are now the industry standard. They have a higher price but are more efficient. Most solar panel installers use panels made of this type of material.
Your Property - Each property and home has its own characteristics. Factors like trees, uneven land, or other impediments can make the installation more challenging. With the use of satellite images, solar installers these days can evaluate your home and include these considerations into the first cost estimate.
Labor Rates - Various wages are offered to employees by various companies, and these costs are transferred to the consumers. Businesses paying more to their employees often garner higher reviews for their services and customer service.
Permitting & Interconnection - Your final installation price will be affected by the permitting and utility interconnection fees, which vary by area. Experienced local installers will include these figures in your initial estimates to guarantee transparency.
See what solar panels cost in other Union County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Union County?
Solar systems for selling electricity back to the grid.
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Union County, IN Solar Panel Cost FAQs
In November, 2024, the average cost of solar panels per watt in Union County, IN is $0/W. A 5 kW solar panel system will cost you around $0 in Union County, IN after the federal tax credit is applied.
There are 6 rebates and incentives available in Indiana from a range of utility providers and government organizations. Additionally, almost everyone is entitled to the 30% federal income tax credit.
Cash payments yield the greatest savings, but many financing options for solar panels that are cost-effective are now available. Many installers have financing partners and will provide this information in your initial quotes.
Yes, on average, 5 kW solar panels in Union County, IN pay for themselves in 0 years, with homeowners saving approximately $40,200 on electricity over 20 years.
Savings from 
Environmental Impacts 
