Solar Panel Cost Guide in Pittsboro, IN (2025 Update)
- Pittsboro Solar Installation Cost: $25,278
- 25-Year Savings: $24,655
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Pittsboro
We break down average solar pricing in Pittsboro.
The national average cost of solar panels is $2.66 per watt, but in Pittsboro it’s 4 per watt.To account for the typical energy needs of the average home in Pittsboro, most homeowners require a 8.8-kilowatt system. Using the figure above, a solar installation costs around $25,278, or $36,148 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar panels you want to get, your solar contractor and more.For many homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Pittsboro see about $18,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a vetted solar company in Pittsboro that can help you get a more accurate cost estimate for your home.
Solar savings over time in Pittsboro
| Year | Return on Investment |
|---|---|
| 1 years | $-23,952 |
| 3 years | $-21,301 |
| 5 years | $-18,650 |
| 7 years | $-15,999 |
| 9 years | $-13,347 |
| 11 years | $-10,696 |
| 13 years | $-8,045 |
| 15 years | $-5,394 |
| 17 years | $-2,742 |
| 19 years | $-91 |
| 21 years | $2,560 |
| 23 years | $5,211 |
| 25 years | $7,862 |
Top Solar Installers in Pittsboro
Although it's possible to install solar panels yourself, it takes extra time and know-how. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. Some solar installers, particularly local ones, can help you take advantage of incentives in Pittsboro, therefore optimizing your ROI.
If you're on the hunt for a solar installer in Pittsboro, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in Pittsboro
Factors that Affect Solar Panel Costs in Pittsboro
Even though the average cost of a solar system in Pittsboro is $25,278, your final cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the price of a solar panel system in Pittsboro, one of the most important 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 figure out by looking at past energy bills. Your overall cost can increase by about $4,100 for each additional kilowatt you need.The kind of solar panels and equipment you want is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to think 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 falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Pittsboro homeowners opt to finance their solar panel systems to make paying for solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can play a role in determining the cost. Pittsboro’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access 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 discount can bring their pricing lower to compete with bigger companies.
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 | $10,143 | 16.0 years |
| 8 kW | $4.18 | $23,419 | $13,983 | 15.7 years |
| 10 kW | $4.10 | $28,700 | $18,053 | 15.3 years |
| 12 kW | $4.02 | $33,751 | $22,352 | 15.0 years |
| 14 kW | $3.94 | $38,573 | $26,881 | 14.7 years |
| 16 kW | $3.85 | $43,165 | $31,640 | 14.4 years |
| 18 kW | $3.77 | $47,527 | $36,628 | 14.1 years |
| 20 kW | $3.69 | $51,660 | $41,846 | 13.8 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Different companies offer different brands and models of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Contract: Before you sign a contract with a solar installer, be sure to read it through completely so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
EcoWatch's Pittsboro, IN Solar Cost FAQs
How much does it cost to install solar panels in Pittsboro?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $20,500 for a 5-kW system and $41,000 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Pittsboro, 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?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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.