Solar Panel Cost Guide in Chandler, IN (2025 Update)
- Chandler Solar Installation Cost: $24,445
- 25-Year Savings: $31,958
- Payback Period: 12.7 Years
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Average Cost of Solar Panels in Chandler
Let’s have a look at the average cost of solar in Chandler.
The national average cost of solar panels is $2.66 per watt, but in Chandler it’s 4 per watt.The average solar panel system size in Chandler is around 8.5 kilowatts, meaning a cost of about $24,445 for a solar installation, or $34,956 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of solar panels you want, your solar contractor and more.Many homeowners find adopting solar power is a solid investment. The average homeowner in Chandler can save about $21,000 on their electricity bills over 20 years.
To receive a free quote from a highly rated solar installation company in Chandler, you can click the button below.
Solar savings over time in Chandler
| Year | Return on Investment |
|---|---|
| 1 years | $-22,663 |
| 3 years | $-19,099 |
| 5 years | $-15,535 |
| 7 years | $-11,971 |
| 9 years | $-8,407 |
| 11 years | $-4,844 |
| 13 years | $-1,280 |
| 15 years | $2,284 |
| 17 years | $5,848 |
| 19 years | $9,412 |
| 21 years | $12,975 |
| 23 years | $16,539 |
| 25 years | $20,103 |
Top Solar Installers in Chandler
Many homeowners opt for a solar panel company since figuring out how to install solar panels yourself can be a lot of work. Another good thing about choosing a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
If you’d like to go solar but still aren’t certain which solar system company to go with, here are our suggestions for providers near you:
See all of the solar companies in Chandler
Factors that Affect Solar Panel Costs in Chandler
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that will push your cost above or below the average in Chandler: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The size of the solar system you need for your household, 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 around $4,100. The brand of solar panels and equipment you want is another factor that will greatly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.Although solar loans make switching to solar energy more accessible for Chandler homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Chandler, and each can charge different amounts for labor and equipment.Some companies 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 decide on the company that provides 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 | $15,860 | 13.3 years |
| 8 kW | $4.18 | $23,419 | $21,606 | 13.0 years |
| 10 kW | $4.10 | $28,700 | $27,581 | 12.7 years |
| 12 kW | $4.02 | $33,751 | $33,787 | 12.5 years |
| 14 kW | $3.94 | $38,573 | $40,221 | 12.2 years |
| 16 kW | $3.85 | $43,165 | $46,885 | 12.0 years |
| 18 kW | $3.77 | $47,527 | $53,779 | 11.7 years |
| 20 kW | $3.69 | $51,660 | $60,903 | 11.5 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Installation Process: When making the switch to solar, it’s essential to maintain an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the project timeline.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.
EcoWatch's Chandler, IN Solar Cost FAQs
What is the average cost of installing solar panels in Chandler?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Chandler?
You can’t get solar panels for free in Chandler. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.