Solar Panels Cost $19k-$31k in Warren County, IN | November, 2024
High Power Bills?
Reduce or replace your electricity bill with solar
No data available
How much do solar panels cost in Warren County, IN in 2024?
No data available
The typical cost per watt for going solar in Warren County, IN in November, 2024 is estimated at $4.07/W.
It will cost $4,070, on average, per 1K (or 1000 watts) of capacounty that your solar panels have. Typically, the expense for a 5 kW solar installation in Warren County, after the 30% federal tax credit, is about $14,245. In accordance with your electricity usage, your home could need a larger system.
To the left, you can select your county to find out the average roof size and the maximum capacity of solar panels for houses in your area. You can review the costs, 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.
Warren County: $14,245US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Warren 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.
Warren County: $28,404US Average: $16,169
Solar Potential in Warren County
Estimated system size and solar electricity production per median viable roof in Warren County.
Roof size 465sq. ft.
Capacity 6.5kW DC
Electricity 7.8kkWh AC per yr.
Electricity Costs in Warren County, IN & What that Means for Your Solar Panel Pricing
For Warren County energy consumers, the typical electric bill is 203.14 per month, with a usage of 1,331 kWh. These figures also include apartments and smaller dwellings with reduced energy needs.
As of November 2024, the average rate for electricity per kWh in Warren County, IN is 15.27¢.
You will pay approximately $44,770for an 11 kW solar panel installation initially, but the federal tax credit gives you 30% back, lowering the cost to $31,340.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Warren County
Below and on the left, you can see the cost breakdown for different sizes of solar panel systems set up in Warren County. Naturally, with a more extensive solar system, you will have a higher upfront cost, but the rewards consist of higher electricity savings and larger income tax credits.
The solar panel cost calculator down and to the right breaks down costs and benefits, using an average $203.14 electric bill in Warren County To get results more personalized, change the $203.14 to match your typical electricity bill.
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 $1,553 a year
Est. Price
$19,943
Savings from a 7kWthis system
Est. yearly production 10,353 kWh
Est. monthly savings $129
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,775 a year
Est. Price
$22,792
Savings from a 8kWthis system
Est. yearly production 11,832 kWh
Est. monthly savings $148
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,997 a year
Est. Price
$25,641
Savings from a 9kWthis system
Est. yearly production 13,311 kWh
Est. monthly savings $166
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,218 a year
Est. Price
$28,490
Savings from a 10kWthis system
Est. yearly production 14,790 kWh
Est. monthly savings $185
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
System Size 11kW
Roof Size Min. space required
787 ft²
Electricity Value Annual Production $2,440 a year
Est. Price
$31,339
Savings from a 11kWthis system
Est. yearly production 16,269 kWh
Est. monthly savings $203
Full payback in 13 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
Warren County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing photovoltaic 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 think you might be eligible, try our REAP Grant eligibility tool to check your qualification.
Almost all residents are eligible for the 30% federal income tax credit for residential solar, which makes it a viable option in various states in the country. State and local governments offer various programs to promote the switch to solar energy.
A total of 6 solar incentive and rebate programs are available in Indiana from various utilities and government organizations.
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 Warren County, IN?
For homeowners in Warren County planning to stay beyond the payback period of their solar system, solar panels are the best choice. A 5 kW solar system in Warren County, IN could potentially save you $34,508.6 over the course of 20 years, with the break even point averaging at 6 years.
The cost of not having solar panels in Warren County, IN
Apart from the savings noted earlier, failing to install solar panels or an alternative energy backup leads to you being wholly dependent on your electric utility for power supply. Total dependence on your utility provider isn't always ideal, as recent examples in the news have demonstrated.
Lately, customers in Warren County have typically encountered 0.94 utility outages per year. The average duration of each outage is 107.47 minutes. During severe events like tornadoes, aging infrastructure, or construction accidents, these times can grow significantly longer.
Take a look at the info below to see the number of current electricity customers without power in Warren County.
A solar panel system could lessen the inconvenience of future outages, even if it doesn't have a backup battery.
Power Outages
Currently, 0 customers are being tracked in Warren County.
What impacts the cost of solar panels in Warren County, IN?
Your Energy Needs - The price per watt reduces with larger solar panel systems, even though the upfront cost is higher. Setting up a solar system that produces sufficient electricity to offset their electric bill is advantageous to most homeowners, resulting in savings.
Make & Model - Like many other products, there are various makes and models of solar panels available. It's crucial to pick a highly rated contractor, considering the brand preferences that installers may have. Superior quality materials generally lead to a more favorable long-term experience for buyers.
Solar Panel Type - Monocrystalline panels are widely recognized as the industry standard, and deservedly so. Despite the higher price tag, these panels produce greater energy output. Many installation experts use panels constructed from this material.
Your Property - Each property and home presents unique challenges. Trees, sloped land, or other impediments may complicate the installation process. Nowadays, the most solar installers can assess your home with satellite images and incorporate these factors in the preliminary cost estimate.
Labor Rates - The pay that various companies offer their employees differ, and these expenses are passed on to the consumers. Paying higher wages frequently results in businesses receiving better reviews for their work and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by area, will affect your installation cost. That said, quality local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.
See what solar panels cost in other Warren County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Warren County?
Solar systems for selling electricity back to the grid.
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Warren County, IN Solar Panel Cost FAQs
In November, 2024, the average cost of solar panels per watt in Warren County, IN is $4.07/W. Post federal tax credit, a 5 kW solar panel system installation in Warren County, IN will roughly cost $14,245.
Various utility providers and government organizations in Indiana are offering 6 rebates and incentives at this time. In addition, nearly all people are eligible for the 30%federal tax credit.
Even though paying cash offers the most savings, there are now numerous financing options for solar panels that also are cost-effective. Information about financing options is typically included in initial quotes provided by installers.
Yes, homeowners in Warren County, IN can expect 5 kW solar panels to pay off in 6 years, with an estimated $34,508.6 in electricity savings during a 20-year span.
Savings from 
Environmental Impacts 
