Solar Panel Cost Guide in Westville, IN (2025 Update)
- Westville Solar Installation Cost: $25,814
- 25-Year Savings: $30,949
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Westville
We break down average solar pricing in Westville.
The average cost of a solar panel system in Westville is 4 per watt.The average Westville homeowner needs a 9.0-kilowatt system, which would cost about $25,814 with the federal tax credit, or $36,914 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary depending on several factors, such as what size system you need, your energy usage and what installation company you go with.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is typically rewarding, with a net average savings of about $20,000 over 20 years on utility bills.
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Solar savings over time in Westville
| Year | Return on Investment |
|---|---|
| 1 years | $-24,094 |
| 3 years | $-20,655 |
| 5 years | $-17,216 |
| 7 years | $-13,776 |
| 9 years | $-10,337 |
| 11 years | $-6,897 |
| 13 years | $-3,458 |
| 15 years | $-18 |
| 17 years | $3,421 |
| 19 years | $6,861 |
| 21 years | $10,300 |
| 23 years | $13,740 |
| 25 years | $17,179 |
Top Solar Installers in Westville
When switching to solar energy, many homeowners opt to hire a solar installation company since overseeing your solar installation yourself can be a challenging project. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Westville
Factors that Affect Solar Panel Costs in Westville
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Westville: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,100.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies in Westville, and each can charge different amounts for labor and equipment.You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $13,992 | 14.0 years |
| 8 kW | $4.18 | $23,419 | $19,115 | 13.8 years |
| 10 kW | $4.10 | $28,700 | $24,468 | 13.5 years |
| 12 kW | $4.02 | $33,751 | $30,051 | 13.2 years |
| 14 kW | $3.94 | $38,573 | $35,863 | 13.0 years |
| 16 kW | $3.85 | $43,165 | $41,904 | 12.7 years |
| 18 kW | $3.77 | $47,527 | $48,175 | 12.4 years |
| 20 kW | $3.69 | $51,660 | $54,676 | 12.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Contract: Look through the contract terms closely to make sure you understand the total cost, project completion timeline incentives and warranties.
- Warranty: If you care about the durability of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Solar Panel Brands: The brand of solar panel you need plays a part in which company you should opt for, since different companies have access to different panels.
EcoWatch's Westville, IN Solar Cost FAQs
How much does it cost to install solar panels in Westville?
The average cost of solar panels in Westville 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Westville?
Solar panels aren’t free in Westville, 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 you can take advantage of.
How much can I save on energy bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Westville, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.