Solar Panel Cost Guide in Batesville, IN (2024 Update)
- Batesville Solar Installation Cost: $24,923
- 25-Year Savings: $27,039
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Batesville
We go over average solar pricing in Batesville.
The average cost of solar panels in Batesville is 4 per watt.Because a 8.7-kW system is needed to cover the energy costs of a typical home in Batesville, the average price of going solar will be about $24,923 after claiming the federal solar tax credit of 0.
These figures are just estimates, and how much solar costs for you will most likely differ based on your energy needs and what company you go with.With average savings of about $19,000 on utility bills over 20 years, many homeowners in Batesville find investing in solar can pay off big.
You can click the button below to get connected with a pre-vetted solar company in Batesville for a quote for your home.
Solar savings over time in Batesville
| Year | Return on Investment |
|---|---|
| 1 years | $-23,598 |
| 3 years | $-20,946 |
| 5 years | $-18,295 |
| 7 years | $-15,644 |
| 9 years | $-12,993 |
| 11 years | $-10,342 |
| 13 years | $-7,690 |
| 15 years | $-5,039 |
| 17 years | $-2,388 |
| 19 years | $263 |
| 21 years | $2,914 |
| 23 years | $5,566 |
| 25 years | $8,217 |
Top Solar Installers in Batesville
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of an installer can make converting to solar power much easier. Another perk of working with a solar installer is that they can help you maximize your investment by cutting back on future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
If you're searching for a solar company in Batesville, the EcoWatch team has compiled a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Batesville
Factors that Affect Solar Panel Costs in Batesville
Even though the average cost of a solar system in Batesville is $24,923, your actual cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you pick also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Batesville offer solar loans, which reduce your upfront costs of installing solar panels.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The solar company you pick will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also fits within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.26 | $17,909 | $12,029 | 15.0 years |
| 8 kW | $4.18 | $23,419 | $16,497 | 14.7 years |
| 10 kW | $4.10 | $28,700 | $21,196 | 14.4 years |
| 12 kW | $4.02 | $33,751 | $26,123 | 14.1 years |
| 14 kW | $3.94 | $38,573 | $31,281 | 13.8 years |
| 16 kW | $3.85 | $43,165 | $36,668 | 13.5 years |
| 18 kW | $3.77 | $47,527 | $42,285 | 13.2 years |
| 20 kW | $3.69 | $51,660 | $48,131 | 12.9 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Batesville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which company you should go with, since different companies offer different panels.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Batesville, IN Solar Cost FAQs
What is the average cost of installing solar panels in Batesville?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $20,500 for a 5-kW system and $41,000 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How will having solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Batesville is currently $295,030, so you can expect a value of about $12,096 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Batesville is a fruitful investment.
How long do solar panels last in Batesville?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.