Solar Panel Cost Guide in Huntertown, IN (2025 Update)

  • Huntertown Solar Installation Cost: $25,765
  • 25-Year Savings: $23,477
  • Payback Period: 16.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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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 Huntertown

We go over average solar pricing in Huntertown.

Although the national average of solar panels is $2.66 per watt, solar panels in Huntertown generally cost around 4.Using this figure, a typical 9.0-kW system would cost about $25,765 before the 0 federal solar tax credit is applied.

The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of going solar can vary depending on several factors, such as what size system you need, your energy usage and what installation company you go with.For many homeowners, the upfront investment in solar power is worth paying. On average Huntertown homeowners see about $17,000 in savings on utility bills over 20 years.

To get a free quote from a pre-vetted solar installer in Huntertown, you can click the button below.

Solar savings over time in Huntertown

YearReturn on Investment
1 years$-24,147
3 years$-20,912
5 years$-17,677
7 years$-14,443
9 years$-11,208
11 years$-7,973
13 years$-4,738
15 years$-1,503
17 years$1,732
19 years$4,967
21 years$8,201
23 years$11,436
25 years$14,671

Top Solar Installers in Huntertown

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar panel installer can make your swap to solar power much easier. Also, companies with a high reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.

If you're looking for a solar installer in Huntertown, the EcoWatch team has put together a list of our top suggestions here:

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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

See all of the solar companies in Huntertown

Factors that Affect Solar Panel Costs in Huntertown

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 performs the installation.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $4,100.There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Many homeowners find the average cost of solar in Huntertown to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.While solar loans make adopting solar energy more accessible for Huntertown homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar installer you select will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$4.26$17,909$9,03816.6 years
8 kW$4.18$23,419$12,51016.3 years
10 kW$4.10$28,700$16,21116.0 years
12 kW$4.02$33,751$20,14315.7 years
14 kW$3.94$38,573$24,30315.3 years
16 kW$3.85$43,165$28,69415.0 years
18 kW$3.77$47,527$33,31314.7 years
20 kW$3.69$51,660$38,16314.4 years

How to Save on Solar Panels

The solar panel company you choose will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:

  • Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
  • Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which model 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 ask for their list of options before making your decision.
  • Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

EcoWatch's Huntertown, IN Solar Cost FAQs

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

The average cost of solar panels in Huntertown is about $20,500 for a 5-kW system and $41,000 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Huntertown?

Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

Do solar panels increase your property value?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Huntertown is currently $307,012, so you can look forward to a value of about $12,587 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Huntertown is a worthwhile investment.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy needs and the average daily 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 install 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.

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.