Solar Panel Cost Guide in Huntington, IN (2025 Update)
- Huntington Solar Installation Cost: $25,585
- 25-Year Savings: $23,414
- Payback Period: 15.9 Years
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Average Cost of Solar Panels in Huntington
Find out what the average cost of installing solar panels is in Huntington.
While the national average of solar panels is $2.66 per watt, solar panels in Huntington typically cost around 4.The average Huntington homeowner needs a 8.9-kilowatt system, which would cost about $25,585 with the federal tax credit, or $36,587 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Huntington homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $17,000 on power bills over 20 years, many homeowners in Huntington find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar installer in Huntington for a quote for your home.
Solar savings over time in Huntington
| Year | Return on Investment |
|---|---|
| 1 years | $-24,260 |
| 3 years | $-21,609 |
| 5 years | $-18,957 |
| 7 years | $-16,306 |
| 9 years | $-13,655 |
| 11 years | $-11,004 |
| 13 years | $-8,353 |
| 15 years | $-5,701 |
| 17 years | $-3,050 |
| 19 years | $-399 |
| 21 years | $2,252 |
| 23 years | $4,903 |
| 25 years | $7,555 |
Top Solar Installers in Huntington
Although you can install solar panels yourself, it requires extra effort and knowledge. For that reason, most homeowners choose a solar panel installer. Plus, if you aren’t sure what kind of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar company in Huntington, we've put together a list of our top suggestions here:
See all of the solar companies in Huntington
Factors that Affect Solar Panel Costs in Huntington
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in Huntington: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Huntington, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by around $4,100 for each additional kilowatt you need.There are several different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Huntington homeowners choose to finance their solar panel systems to make going solar more affordable.It’s wise to add 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 off the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Huntington is the company you get to install your PV system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services at different price points.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and decide on the company that has the products, warranties and services you’re looking for and also is 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 | $9,106 | 16.6 years |
| 8 kW | $4.18 | $23,419 | $12,600 | 16.3 years |
| 10 kW | $4.10 | $28,700 | $16,324 | 15.9 years |
| 12 kW | $4.02 | $33,751 | $20,278 | 15.6 years |
| 14 kW | $3.94 | $38,573 | $24,461 | 15.3 years |
| 16 kW | $3.85 | $43,165 | $28,874 | 15.0 years |
| 18 kW | $3.77 | $47,527 | $33,516 | 14.7 years |
| 20 kW | $3.69 | $51,660 | $38,388 | 14.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- 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 you can expect about the cost.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
EcoWatch's Huntington, IN Solar Cost FAQs
How much does it cost to install solar panels in Huntington?
The average cost of solar panels in Huntington 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 things such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $900.48 per year.
How long do solar panels last in Huntington?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.