Solar Panel Cost Guide in Upland, IN (2024 Update)
- Upland Solar Installation Cost: $25,510
- 25-Year Savings: $21,886
- Payback Period: 16.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Upland
Here’s how much it might cost to make the switch to solar in Upland.
The average cost of solar panels in Upland is 4 per watt.Because a 8.9-kW system is needed to cover the energy consumption of a typical home in Upland, the average price of going solar will be about $25,510 after claiming the federal solar tax credit of 0.
These figures are just averages, and how much solar costs for you will vary based on factors unique to your home and what company you choose to go with.Even with the large initial cost, the average Upland homeowner can save around $16,000 on their power bills over 20 years, which is one of the perks of solar.
To get a free quote from a vetted solar installer in Upland, you can click the button below.
Solar savings over time in Upland
| Year | Return on Investment |
|---|---|
| 1 years | $-23,893 |
| 3 years | $-20,658 |
| 5 years | $-17,423 |
| 7 years | $-14,188 |
| 9 years | $-10,953 |
| 11 years | $-7,718 |
| 13 years | $-4,484 |
| 15 years | $-1,249 |
| 17 years | $1,986 |
| 19 years | $5,221 |
| 21 years | $8,456 |
| 23 years | $11,691 |
| 25 years | $14,926 |
Top Solar Installers in Upland
Many homeowners choose to hire a solar panel installer since installing solar panels by yourself can be time-consuming. Solar companies provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you’d like to go solar but still aren’t certain which solar installer to go with, here are our recommendations for providers nearby:
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 Upland
Factors that Affect Solar Panel Costs in Upland
While the average cost of a solar system in Upland is $25,510, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $4,100 per kilowatt in Upland.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Upland, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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 out of pocket can be challenging. Solar loans are offered by most installers in Upland, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your overall costs, so it’s vital to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can impact your pricing. Upland’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 decide on the company that provides the products, warranties and services you’re looking for and also fit into 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 | $8,121 | 17.2 years |
| 8 kW | $4.18 | $23,419 | $11,287 | 16.9 years |
| 10 kW | $4.10 | $28,700 | $14,683 | 16.5 years |
| 12 kW | $4.02 | $33,751 | $18,308 | 16.2 years |
| 14 kW | $3.94 | $38,573 | $22,163 | 15.9 years |
| 16 kW | $3.85 | $43,165 | $26,248 | 15.5 years |
| 18 kW | $3.77 | $47,527 | $30,562 | 15.2 years |
| 20 kW | $3.69 | $51,660 | $35,105 | 14.9 years |
How to Save on Solar Panels
There are numerous companies available in Upland, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
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 Upland, IN Solar Cost FAQs
How much does it cost to install solar panels in Upland?
This is a difficult question to answer exactly, 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 higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is it worth going solar in Upland?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
What solar power system size is right for 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.