Solar Panel Cost Guide in Brownsburg, IN (2024 Update)

  • Brownsburg Solar Installation Cost: $25,278
  • 25-Year Savings: $23,292
  • Payback Period: 15.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Brownsburg

Find out what the average cost of installing solar panels is in Brownsburg.

While the national average of solar panels is $2.66 per watt, solar panels in Brownsburg typically cost about 4.The average Brownsburg homeowner needs a 8.8-kilowatt system, which would cost about $25,278 with the federal tax credit, or $36,148 before the 0 tax credit is applied.

Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar system you want to get, your solar contractor and more.For most homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Brownsburg see about $17,000 in savings on electricity bills over 20 years.

To calculate your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Brownsburg

Year Return on Investment
1 years $-23,979
3 years $-21,383
5 years $-18,786
7 years $-16,189
9 years $-13,592
11 years $-10,995
13 years $-8,398
15 years $-5,802
17 years $-3,205
19 years $-608
21 years $1,989
23 years $4,586
25 years $7,182

Top Solar Installers in Brownsburg

Although you can install solar panels by yourself, it requires extra labor and knowledge. That's why most people choose a solar panel installer. The payback period on a solar system will vary depending on factors like your location and energy usage, but working with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Brownsburg

Factors that Affect Solar Panel Costs in Brownsburg

There are several criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment

The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $4,100. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. Additionally, extra products, such as solar batteries, can bring your total well above the Brownsburg average.

Solar Financing Terms

Most solar companies in Brownsburg offer solar loans, which reduce your upfront costs of installing solar.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.

Solar Panel Installation Company

The solar panel installer you choose will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.

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 $9,214 16.5 years
8 kW $4.18 $23,419 $12,745 16.2 years
10 kW $4.10 $28,700 $16,505 15.9 years
12 kW $4.02 $33,751 $20,495 15.6 years
14 kW $3.94 $38,573 $24,715 15.2 years
16 kW $3.85 $43,165 $29,164 14.9 years
18 kW $3.77 $47,527 $33,842 14.6 years
20 kW $3.69 $51,660 $38,751 14.3 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:

  • Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
  • Warranty: If you’re worried about the durability of your solar panels, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
  • Installation Process: Get detailed information from your solar company 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: Different companies offer various brands and types of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Brownsburg, IN Solar Cost FAQs

What is the average cost of installing solar panels in Brownsburg?

The average cost of solar panels in Brownsburg is about $20,500 for a 5-kW system and $41,000 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in Brownsburg?

Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.

Is switching to solar power worth it?

Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.

How long do solar panels last in Brownsburg?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.

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