Solar Panel Cost Guide in Hebron, IN (2024 Update)
- Hebron Solar Installation Cost: $25,646
- 25-Year Savings: $27,244
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Hebron
We go over average solar pricing in Hebron.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Hebron, the average cost of solar panels is 4 per watt.To cover the typical energy needs of the average home in Hebron, most homeowners require a 8.9-kilowatt system. Using the figure above, a solar installation costs about $25,646, or $36,674 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy use, the type of solar panels you want to get, your solar contractor and more.Many homeowners find adopting solar power is a solid investment. The average homeowner in Hebron can save around $19,000 on their power bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a customized quote.
Solar savings over time in Hebron
| Year | Return on Investment |
|---|---|
| 1 years | $-23,927 |
| 3 years | $-20,487 |
| 5 years | $-17,048 |
| 7 years | $-13,608 |
| 9 years | $-10,169 |
| 11 years | $-6,729 |
| 13 years | $-3,290 |
| 15 years | $149 |
| 17 years | $3,589 |
| 19 years | $7,028 |
| 21 years | $10,468 |
| 23 years | $13,907 |
| 25 years | $17,347 |
Top Solar Installers in Hebron
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Using an installer can make your swap to solar power much easier. Since solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you’d like to go solar but still aren’t certain which solar installer to go with, here are our recommendations for providers in Hebron:
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 Hebron
Factors that Affect Solar Panel Costs in Hebron
The cost of installing a solar system in Hebron can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar 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 spend about $4,100 per kilowatt in Hebron.The type of solar panels and equipment you want is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
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 Hebron, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can impact how much you pay. Hebron’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have 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 | $11,639 | 15.2 years |
| 8 kW | $4.18 | $23,419 | $15,978 | 14.9 years |
| 10 kW | $4.10 | $28,700 | $20,547 | 14.6 years |
| 12 kW | $4.02 | $33,751 | $25,345 | 14.3 years |
| 14 kW | $3.94 | $38,573 | $30,373 | 14.0 years |
| 16 kW | $3.85 | $43,165 | $35,630 | 13.7 years |
| 18 kW | $3.77 | $47,527 | $41,117 | 13.4 years |
| 20 kW | $3.69 | $51,660 | $46,834 | 13.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Warranty: If you’re concerned about the longevity of your solar system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Before signing a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
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 Hebron, IN Solar Cost FAQs
What is the average cost of installing solar panels in Hebron?
This is a difficult question to answer exactly, because the cost depends on many 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. It will cost 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 want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Hebron?
A solar panel system isn’t free in Hebron, 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 help lower the cost.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $984.94 per year.
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 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.
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.