Solar Panel Cost Guide in Brownsburg, IN (2025 Update)
- Brownsburg Solar Installation Cost: $25,278
- 25-Year Savings: $23,292
- Payback Period: 15.9 Years
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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.Using this figure, a typical 8.8-kW system would cost about $25,278 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Brownsburg based on several factors, such as the model of solar panels you choose and the solar contractor you hire.Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Brownsburg can save around $17,000 on their electricity bills over 20 years.
To see your potential ROI and connect with a local solar installer, 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
Trying to put up solar panels yourself can be a stressful task, which is why hiring a solar installer is a good option for many homeowners. Also, if you’d like to maximize your investment in solar power, using a solar installer can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
If you’d like to make the switch to solar but still aren’t sure which solar company to go with, here are our suggestions for providers in Brownsburg:
See all of the solar companies in Brownsburg
Factors that Affect Solar Panel Costs in Brownsburg
Although the average cost of a solar system in Brownsburg is $25,278, your final cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $4,100 per kilowatt in Brownsburg.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
If paying for solar panels out of pocket is out of reach, solar loans are a popular choice because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.Although solar loans make going solar more accessible for Brownsburg homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Brownsburg, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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
There are numerous companies available in Brownsburg, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: The kind of solar panel you’d like to install plays a part in which company you should opt for, since different companies have access to different panels.
EcoWatch's Brownsburg, IN Solar Cost FAQs
What is the average cost of installing solar panels in Brownsburg?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly 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 higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Brownsburg?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The drawback 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Is it worth going solar in Brownsburg?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Brownsburg?
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 higher 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.