Solar Panel Cost Guide in Plymouth, IN (2025 Update)
- Plymouth Solar Installation Cost: $25,827
- 25-Year Savings: $29,301
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Plymouth
Find out how much it might cost to go solar in Plymouth.
In Plymouth, solar panels cost about 4 per watt on average.Since a 9.0-kW system is needed to cover the energy costs of a typical home in Plymouth, the average price of going solar will be about $25,827 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Plymouth homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find installing solar panels is a sound investment. The average homeowner in Plymouth can save around $20,000 on their electricity bills over 20 years.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Plymouth
| Year | Return on Investment |
|---|---|
| 1 years | $-24,209 |
| 3 years | $-20,974 |
| 5 years | $-17,739 |
| 7 years | $-14,505 |
| 9 years | $-11,270 |
| 11 years | $-8,035 |
| 13 years | $-4,800 |
| 15 years | $-1,565 |
| 17 years | $1,670 |
| 19 years | $4,905 |
| 21 years | $8,139 |
| 23 years | $11,374 |
| 25 years | $14,609 |
Top Solar Installers in Plymouth
When switching to solar energy, many homeowners prefer to go with a solar installer since installing solar panels yourself can be a challenging project. Another advantage of going with a solar installer is that they can help you maximize your ROI by reducing your future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Plymouth
Factors that Affect Solar Panel Costs in Plymouth
There are a number of factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $4,100 per kilowatt in Plymouth.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Plymouth average.
Solar Financing Terms
Many homeowners find the average cost of solar in Plymouth to be too costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.You’ll have to consider the long-term cost of financing options, 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 principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $12,884 | 14.5 years |
| 8 kW | $4.18 | $23,419 | $17,638 | 14.3 years |
| 10 kW | $4.10 | $28,700 | $22,621 | 14.0 years |
| 12 kW | $4.02 | $33,751 | $27,834 | 13.7 years |
| 14 kW | $3.94 | $38,573 | $33,277 | 13.4 years |
| 16 kW | $3.85 | $43,165 | $38,949 | 13.1 years |
| 18 kW | $3.77 | $47,527 | $44,851 | 12.9 years |
| 20 kW | $3.69 | $51,660 | $50,982 | 12.6 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose considerably impacts your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Installation Process: When making the switch to solar energy, it’s important to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project timeline.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Contract: When looking over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
EcoWatch's Plymouth, IN Solar Cost FAQs
How much does it cost to install solar panels in Plymouth?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly 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 more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Plymouth?
Solar panels aren’t free in Plymouth, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Plymouth have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.