Solar Panel Cost Guide in Linton, IN (Mar 2023)
- Linton Solar Installation Cost: $16,284
- 25-Year Savings: $26,728
- Payback Period: 9.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Linton
Let's have a look at the average cost of solar panels in Linton.
The average cost of a solar system in Linton is 2.68 per watt. The average solar panel system size in Linton is around 8.7 kilowatts, meaning a cost of about $16,284 for a solar installation, or $23,286 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what installation company you go with. With typical savings of about $19,000 on electricity bills over 20 years, many homeowners in Linton find going solar can be quite rewarding.
Click the button below to get connected to a reputable solar installer in your area for a customized quote.
Solar savings over time in Linton
| Year | Return on Investment |
|---|---|
| 1 years | $-14,563 |
| 3 years | $-11,122 |
| 5 years | $-7,681 |
| 7 years | $-4,240 |
| 9 years | $-800 |
| 11 years | $2,641 |
| 13 years | $6,082 |
| 15 years | $9,523 |
| 17 years | $12,964 |
| 19 years | $16,405 |
| 21 years | $19,846 |
| 23 years | $23,287 |
| 25 years | $26,728 |
Top Solar Installers in Linton
When going solar, many homeowners prefer to go with a solar installation company since DIY solar panel installation can be a challenging project. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're searching for a solar installer in Linton, the EcoWatch team has compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Linton
Factors that Affect Solar Panel Costs in Linton
There are many factors that can influence your solar panel 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
One of the most important 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 uses, the larger your system will likely need to be. You can expect to spend about $2,680 per kilowatt in Linton. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Linton homeowners decide to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can affect your pricing. Linton's solar companies all have different labor costs and add varying upcharges to equipment. Some companies 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 cost more. It's best to do some research and go with the company that provides the products, warranties and services you want 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 | $2.79 | $11,706 | $18,020 | 9.8 years |
| 8 kW | $2.73 | $15,308 | $24,326 | 9.7 years |
| 10 kW | $2.68 | $18,760 | $30,783 | 9.5 years |
| 12 kW | $2.63 | $22,062 | $37,390 | 9.3 years |
| 14 kW | $2.57 | $25,213 | $44,147 | 9.1 years |
| 16 kW | $2.52 | $28,215 | $51,054 | 8.9 years |
| 18 kW | $2.47 | $31,067 | $58,111 | 8.7 years |
| 20 kW | $2.41 | $33,768 | $65,318 | 8.5 years |
How to Save on Solar Panels
The solar installer you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer good-quality solar panel installation and expertise.
- Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: When making the switch to solar power, it's crucial to maintain an open line of communication with your solar company. Make sure you understand how the installation process will go and the project timeline.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Linton, IN Solar Cost FAQs
How much does it cost to install solar panels in Linton?
The average cost of solar panels in Linton is about $13,400 for a 5-kW system and $26,800 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Linton?
A solar panel system isn't free in Linton, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Linton?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How long do solar panels last in Linton?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using 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.
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.