$131
837 kWh
1,211 lbs
Average solar panel installation
$26,882
Average monthly bill without solar
$131Average monthly bill with solar
$0Solar will pay for itself in
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The estimated cost to install solar at your house is $26,882. We calculated this because we think your electricity usage for the year is about 10040 kWh, and a 7.34 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $3.66/W, which we get from Energy Sage.
The current electricity costs for Indiana Michigan Power Co are 16¢/kWh. So, by replacing 100% of your usage, you’ll save $1,566 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 18.08 years. If the costs of Indiana Michigan Power Co electricity rise 3%, then your savings will pay for your solar system in 17.55 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 1020 kWh in July, to a low of 520 kWh in December. For the entire year, we estimate that your 7.34 kW sized system would produce 10040 kWh.
There are 5 solar installers that operate in Indiana. WattBuy recommends Modernize, EnergySage, and RGR Marketing.
Upfront Rebates
Heat Pump
Who
Program
Value
Max
Likely
Bartholomew County REMC
Value
$2,000
Max
—
Likely
—
ORANGE COUNTY REMC
Value
$2,000
Max
—
Likely
—
Bartholomew County REMC
Value
$500
Max
—
Likely
—
Bartholomew County REMC
Value
$500
Max
—
Likely
—
ORANGE COUNTY REMC
Value
$500
Max
—
Likely
—
ORANGE COUNTY REMC
Value
$500
Max
—
Likely
—
Bartholomew County REMC
Value
$400
Max
—
Likely
—
ORANGE COUNTY REMC
Value
$400
Max
—
Likely
—
Bartholomew County REMC
Value
$300
Max
—
Likely
—
Bartholomew County REMC
Value
$300
Max
—
Likely
—
ORANGE COUNTY REMC
Value
$300
Max
—
Likely
—
ORANGE COUNTY REMC
Value
$300
Max
—
Likely
—
Bartholomew County REMC
Value
50% of cost
Max
$50
Likely
—
Bartholomew County REMC
Value
50% of cost
Max
—
Likely
—
Ongoing Programs
Smart Thermostat
Who
Program
Value
ecobee
Value
$50/year typical
Google Nest
Value
$40/year typical
Solar
Who
Program
Value
Indiana
Value
$3/MWh (market)
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.