Solar Panels Cost 5.5k-16k in Westville, IN | November, 2024

Solar Panels Cost $5.5k-$16k in Westville, IN | November, 2024

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How much do solar panels cost in Westville, IN in 2024?

The typical price per watt for solar systems in Westville, IN in November, 2024 is $3.99/W.

Utilizing this price per watt, you are able to come to the conclusion that for every 1 kW (1000 watts) your solar system can produce, you will have to spend, on average, $3,990 for its installation. In Westville, after the 30% federal income tax credit, a 5 kW solar system sets you back $13,965. It's important to take into account that a more powerful system might be needed to 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.
Westville: $13,965US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Westville: 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.
Westville: $9,940US Average: $16,169

Solar Potential in Westville

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

Roof size 518sq. ft.
Capacity 7.25kW DC
Electricity 7.6kkWh AC per yr.

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

For people living in Westville, the average monthly electricity consumption is 690 kWh, with bills around $124.54. Smaller dwellings, such as townhouses and condos, are also included in the figures mentioned in the prior sentence.

In November 2024, Westville, IN's average electricity rate amounts to 18.04¢ per kWh.

If you’re an average energy consumer in Westville, you probably will need a solar panel system sized at 6 kW or more to cover your electricity needs. Right now, a 6 kW setup will have an upfront cost of about $23,940, but the 30% tax credit lowers the cost to $16,758.

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Average solar panel costs by system size in Westville

On the left side below, the pricing details for different sizes of solar panel systems set up in Westville is shown. When you opt for a bigger solar system, the cost is larger, but it also results in higher electricity savings and a larger income tax credit.

The solar panel cost calculator, positioned to the right and below, gives a breakdown of costs and benefits using an average $124.54 electric bill for Westville. Just change the $124.54 to your typical electricity bill for more accurate results.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $532 a year
Est. Price
$5,586
Savings from a 2kWthis system
  • Est. yearly production 2,958 kWh
  • Est. monthly savings $44
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 3.28 tons a year
  • Equivalent to planting 151 trees a year
  • Equivalent to driving 8,116 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $799 a year
Est. Price
$8,379
Savings from a 3kWthis system
  • Est. yearly production 4,437 kWh
  • Est. monthly savings $67
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 4.92 tons a year
  • Equivalent to planting 226 trees a year
  • Equivalent to driving 12,173 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,065 a year
Est. Price
$11,172
Savings from a 4kWthis system
  • Est. yearly production 5,916 kWh
  • Est. monthly savings $89
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 6.56 tons a year
  • Equivalent to planting 301 trees a year
  • Equivalent to driving 16,231 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,331 a year
Est. Price
$13,965
Savings from a 5kWthis system
  • Est. yearly production 7,395 kWh
  • Est. monthly savings $111
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 8.2 tons a year
  • Equivalent to planting 376 trees a year
  • Equivalent to driving 20,289 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,597 a year
Est. Price
$16,758
Savings from a 6kWthis system
  • Est. yearly production 8,874 kWh
  • Est. monthly savings $125
  • Full payback in 11 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

Westville 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 4 solar rebate and incentive programs currently offered in Indiana by multiple utilities and government agencies.

Solar incentives in IN

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.

Are solar panels worth it in Indiana?

For homeowners in Westville who intend to stay in their residence beyond the solar payback period, solar panels make an smart investment. By installing a 5 kW solar system in Westville, IN, you can expect to save roughly $15,924.6 over 20 years, with the break even point typically being 9 years.

The cost of not having solar panels in Westville, 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.

Annually, customers in Westville face approximately 0.87 outages each year. The typical duration of each outage is 149 minutes. When significant events such as hurricanes, aging infrastructure, or vandalism occur, these time frames can become much longer.

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 LaPorte County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Westville, 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 IN cities

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Who are the best solar installers in Westville?

YellowLite

Cleveland, OH(216) 333-1364

Services

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

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

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

Power Home Solar

Mooresville, NC(704) 870-3670

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

GRNE Solar

Palatine, IL(312) 859-3417

Services

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

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Monitoring of independent energy generation.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for 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

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

City Electric Supply

Dallas, TX(866) 634-9853

Services

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

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

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

Icon Solar

Milford, OH(513) 396-7777

Services

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

Westville, IN Solar Panel Cost FAQs

  • During November, 2024, the average price for solar panel installations in Westville, IN is $3.99/W. After federal tax credits, the installation of a 5 kW solar panel system in Westville, IN is estimated to cost $13,965.
  • Currently, Indiana residents can benefit from 4 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, in Westville, IN, 5 kW solar panel systems usually pay off in 9 years, providing an average electricity cost savings of $15,924.6 over a 20-year period.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-11-04