Solar Panel Cost Guide in Middlebury, IN (2025 Update)
- Middlebury Solar Installation Cost: $25,934
- 25-Year Savings: $31,008
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Middlebury
We break down average solar pricing in Middlebury.
The average cost of a solar panel system in Middlebury is 4 per watt.The average solar panel system size in Middlebury is around 9.0 kilowatts, meaning a cost of about $25,934 for a solar installation, or $37,086 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Middlebury 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.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Middlebury can save around $20,000 on their power bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Middlebury for a quote for your home.
Solar savings over time in Middlebury
Year | Return on Investment |
---|---|
1 years | $-24,215 |
3 years | $-20,775 |
5 years | $-17,336 |
7 years | $-13,896 |
9 years | $-10,457 |
11 years | $-7,017 |
13 years | $-3,578 |
15 years | $-138 |
17 years | $3,301 |
19 years | $6,740 |
21 years | $10,180 |
23 years | $13,619 |
25 years | $17,059 |
Top Solar Installers in Middlebury
Many homeowners choose to hire a solar panel installer since figuring out how to install solar panels yourself can be a labor-intensive endeavor. The expertise that solar companies provide can be useful as well, particularly if you don’t quite know what type of solar equipment you need.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
See all of the solar companies in Middlebury
Factors that Affect Solar Panel Costs in Middlebury
For many Middlebury homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Middlebury, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,100.The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Middlebury have solar loans, which reduce the initial cost of installing solar.Although solar loans make going solar more accessible for Middlebury homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Middlebury is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that provide a range of services at different costs.The company’s size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $13,936 | 14.1 years |
8 kW | $4.18 | $23,419 | $19,041 | 13.8 years |
10 kW | $4.10 | $28,700 | $24,375 | 13.5 years |
12 kW | $4.02 | $33,751 | $29,939 | 13.2 years |
14 kW | $3.94 | $38,573 | $35,732 | 13.0 years |
16 kW | $3.85 | $43,165 | $41,755 | 12.7 years |
18 kW | $3.77 | $47,527 | $48,008 | 12.4 years |
20 kW | $3.69 | $51,660 | $54,490 | 12.2 years |
How to Save on Solar Panels
There are a large number of companies available in Middlebury, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Contract: Before you sign a contract with a solar installer, be sure to read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
EcoWatch's Middlebury, IN Solar Cost FAQs
How much does it cost to install solar panels in Middlebury?
The average cost of solar panels in Middlebury 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 certain factors 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 Middlebury?
A solar panel system isn’t free in Middlebury, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How much can I save on energy bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Middlebury, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.