Solar Panels Cost $14k-$25k in White County, IN | December, 2024
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How much do solar panels cost in White County, IN in 2024?
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In White County, IN in December, 2024 you will spend about $4/W to get a solar system.
According to the cost, expect the price to be $4,000, on average, for every 1000 watts (or 1 kW) of solar energy your solar system can generate. When you subtract the 30% federal tax credit, you can expect to spend about $14,000, in White County, for a 5 kW solar setup. It's important to note that a more powerful system may be necessary to satisfy your energy requirements.
Choose your county from the menu on the left to see the average roof size and maximum solar panel system capacity for homes in your area. Additionally, you can also see an overview of 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.
White County: $14,000US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
White 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.
White County: $20,860US Average: $16,152
Solar Potential in White County
Estimated system size and solar electricity production per median viable roof in White County.
Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 11.9kkWh AC per yr.
Electricity Costs in White County, IN & What that Means for Your Solar Panel Pricing
White County energy consumers typically pay 170.25 per month for electricity, with an average usage of 1,079 kWh. Small residences, including duplexes, are also encompassed in the figures noted in the prior sentence.
For December 2024, the mean electricity rate in White County, IN is 15.78¢ per kWh.
Right now, a 9 kW solar installation will cost you approximately $36,000, but the federal tax credit reduces the price by 30%, making it $25,200.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in White County
Presented on the left and below is the price breakdown for different sizes of solar panel systems set up in White County. The initial cost for bigger solar systems is larger, but they also provide more significant electricity savings and higher income tax credits.
The solar panel cost calculator below and to the right analyzes costs and benefits, considering an average $170.25 electric bill in White County Adjust the $170.25 to fit your average bill payment for customized outcomes.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,183 a year
Est. Price
$14,000
Savings from a 5kWthis system
Est. yearly production 7,395 kWh
Est. monthly savings $99
Full payback in 7 years
Environmental Impacts
Reduces CO2 emissions by 0.09 tons a year
Equivalent to planting 4 trees a year
Equivalent to driving 234 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,420 a year
Est. Price
$16,800
Savings from a 6kWthis system
Est. yearly production 8,874 kWh
Est. monthly savings $118
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 0.11 tons a year
Equivalent to planting 5 trees a year
Equivalent to driving 280 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,656 a year
Est. Price
$19,600
Savings from a 7kWthis system
Est. yearly production 10,353 kWh
Est. monthly savings $138
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 0.13 tons a year
Equivalent to planting 6 trees a year
Equivalent to driving 327 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,893 a year
Est. Price
$22,400
Savings from a 8kWthis system
Est. yearly production 11,832 kWh
Est. monthly savings $158
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 0.15 tons a year
Equivalent to planting 7 trees a year
Equivalent to driving 374 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,130 a year
Est. Price
$25,200
Savings from a 9kWthis system
Est. yearly production 13,311 kWh
Est. monthly savings $170
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 0.16 tons a year
Equivalent to planting 7 trees a year
Equivalent to driving 403 mi less a year
White County Solar Panel Installation Incentives & Rebates | 2024
The REAP Grant can potentially cover between 80% and 100% of the installation costs for solar or wind turbines for rural small businesses and farms. Curious if you qualify? Our REAP Grant eligibility tool can help you verify.
Homeowners can take advantage of a 30% federal income tax credit for installing residential solar panels, making solar power a sensible option across much of the country. Moreover, a number of state and local programs are available to incentivize solar adoption.
Multiple utilities and government organizations in Indiana have 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 White County, IN?
For those in White County looking to stay in their homes past the payback period of their solar system, solar panels make excellent sense. With a 5 kW solar system in White County, IN, the average savings over a 20 period is $26,860, with break even generally occurring at 7 years.
The cost of not having solar panels in White County, IN
Apart from missing out on the aforementioned savings, not installing solar panels or any backup energy system leaves you totally reliant on your electric utility for power. Recent news coverage has demonstrated that full reliance on your utility company isn't always the most favorable scenario.
In recent years, customers in White County have experienced an average of 0.83 utility outages each year. Outages typically last for an average of 180.19 minutes. Major occurrences like aging infrastructure, lightning strikes or planned maintenance can lead to a significant rise in these time frames.
Take a look at the graphic below to see the number of current electricity customers without power in White County.
Whether or not a backup battery is included, a solar panel system could reduce the impact of future power outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in White County.
What impacts the cost of solar panels in White County, IN?
Your Energy Needs - While the upfront cost is larger, the price per watt declines with larger solar panel systems. Individuals often find that installing a solar system that can offset their electric bill is highly beneficial. This strategy results in increased savings.
Make & Model - As with many other products, there are different makes and models of solar panels and mounting equipment available. The brand preferences of your selected installer can make it important to pick a reputable installer. Buyers who opt for better materials generally enjoy a superior long-term experience.
Solar Panel Type - Monocrystalline panels have emerged as the industry standard, and deservedly so. Even though they are more expensive, they produce more energy. The majority of installers utilize panels constructed from this material.
Your Property - Trees, uneven land, or other obstacles can make the installation process more challenging. With the use of satellite images, many solar installers currently can evaluate your home and include these elements into the initial cost estimate.
Labor Rates - Variations in employee wages across companies cause expenses that are passed on to the consumers. Companies that invest in higher wages often see higher reviews for their services and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by region, will influence your final installation cost. That said, reputable local installers will be able to build these numbers into your first quotes so there are no surprises.
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White County, IN Solar Panel Cost FAQs
As recorded in December, 2024, the standard cost for solar panel installations in White County, IN is $4/W. In White County, IN, installing a 5 kW solar panel system will set you back approximately $14,000 after federal tax incentives.
Residents of Indiana can currently take advantage of 6 rebates and incentives offered by various utilities and government bodies. Also, nearly everyone can take advantage of the 30% federal tax credit.
While paying cash provides the most savings, various financing options for solar panels exist that also are financially sensible. Financing options from installers will often be detailed in your initial quotes.
Yes, in White County, IN, 5 kW solar panel systems typically pay off in 7 years, and users save around $26,860 in electricity costs over 20 years.