Solar Panel Cost Guide in St. John, IN (2024 Update)
- St. John Solar Installation Cost: $25,659
- 25-Year Savings: $17,334
- Payback Period: 13.8 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in St. John
We go over average solar pricing in St. John.
While the national average of solar panels is $2.66 per watt, solar panels in St. John typically cost around 4.Using this figure, a typical 8.9-kW system would cost about $25,659 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of solar system you want, your solar contractor and more.With average savings of about $20,000 on energy bills over 20 years, many homeowners in St. John find installing solar panels can pay off big.
Click the button below to get connected to a highly rated solar installer in St. John for a personalized quote.
Solar savings over time in St. John
Year | Return on Investment |
---|---|
1 years | $-23,940 |
3 years | $-20,500 |
5 years | $-17,061 |
7 years | $-13,621 |
9 years | $-10,182 |
11 years | $-6,742 |
13 years | $-3,303 |
15 years | $137 |
17 years | $3,576 |
19 years | $7,015 |
21 years | $10,455 |
23 years | $13,894 |
25 years | $17,334 |
Top Solar Installers in St. John
Although you can install solar panels by yourself, it takes extra energy and knowledge. That's why most homeowners choose a solar panel installer. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 St. John
Factors that Affect Solar Panel Costs in St. John
The cost of installing a solar system in St. John can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like St. John, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in St. John, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your total costs, so it’s crucial to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you hire to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar panel companies operating throughout St. John, and each can charge different amounts for labor and equipment.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 with an above-average cost. It’s best to do some research and decide on the company that has the products, warranties and services you want and also fits 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 | $13,336 | 14.3 years |
8 kW | $4.18 | $23,419 | $18,240 | 14.1 years |
10 kW | $4.10 | $28,700 | $23,374 | 13.8 years |
12 kW | $4.02 | $33,751 | $28,737 | 13.5 years |
14 kW | $3.94 | $38,573 | $34,331 | 13.2 years |
16 kW | $3.85 | $43,165 | $40,153 | 13.0 years |
18 kW | $3.77 | $47,527 | $46,206 | 12.7 years |
20 kW | $3.69 | $51,660 | $52,488 | 12.4 years |
How to Save on Solar Panels
There are a large number of companies available in St. John, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: The model of solar panel you want to install plays a part in which company you should choose, since different companies provide different panels.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 St. John, IN Solar Cost FAQs
What is the average cost of installing solar panels in St. John?
The average cost of solar panels in St. John 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 type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in St. John is currently $432,472, so you can look forward to a value of about $17,731 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in St. John is a worthwhile investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs 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 cover 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.
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.