GO SOLAR

Your Personalized Power Portal

5114 Melrose Ave

Indianapolis, IN , 46241

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Your WattBuy Score

Energy Usage

1,344 kWh

CO₂ Emissions

1,837 lbs

Savings

$0

/mo

To see how much lower your bill could be, clicknext to the energy upgrades below

Your energy costs

Edit or upload bill

Electricity

$179

/mo

Heating

$27

/mo

Gasoline

$479

/mo

Total

$685

/mo

Your energy costs

Edit or upload bill

Total

$685

/mo

Electricity

$179

/mo

Heating

$27

/mo

Gasoline

$479

/mo

Savings

$0

/mo

To see how much lower your bill could be, tapnext to the energy upgrades below

Rooftop Solar

Harness the power of rooftop solar and reap the benefits of renewable energy. Lower your electricity bills, reduce reliance on fossil fuels and energy companies, and take advantage of cost-effective investments with federal and state incentives. Switching to rooftop solar is a sustainable solution that pays off in the long run.

The cost of solar in Indianapolis

Average solar panel installation

$31,481

Average monthly bill without solar

$179

Average monthly bill with solar

$46

Solar will pay for itself in

13 years
sunny

Got questions about solar?

Powered by WattBuy’s data & insights on energy usage, costs, incentives and more. Ask Sunny all your questions about solar panels, whenever you have them.

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Do you own your home?

Yes

No, I rent

Other WattBuy Recommendations for Your Home

Toggle each recommendation on and off to see its impact on your bill, energy usage, and carbon emissions.

EV Chargers

Estimated Savings

$367

Smart Thermostats

Estimated Savings

$19

CO₂ Emissions Reduced

16 lbs

Smart Plugs

Estimated Savings

$4

CO₂ Emissions Reduced

3 lbs

LED Lightbulbs

Estimated Savings

$8

CO₂ Emissions Reduced

7 lbs

Demand Response

Estimated Savings

$18

CO₂ Emissions Reduced

184 lbs

Heat Pumps

Water Heaters

Battery Backup

Estimated Savings

$4

Understand Your Solar Numbers

Solar costs

The estimated cost to install solar at your house is $31,481. We calculated this because we think your electricity usage for the year is about 16130 kWh, and a 8.6 kW size solar system on your roof would replace 74% of your usage. We are using an estimated cost of $3.66/W, which we get from Energy Sage.

Current electricity costs

The current electricity costs for Indianapolis Power & Light Co are 13¢/kWh. So, by replacing 74% of your usage, you’ll save $1,593 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 17.62 years. If the costs of Indianapolis Power & Light Co electricity rise 3%, then your savings will pay for your solar system in 17.11 years.

Solar production throughout the year

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 1230 kWh in August, to a low of 680 kWh in December. For the entire year, we estimate that your 8.6 kW sized system would produce 12000 kWh.

Solar in your area

From Department of Energy Data, it looks like 8 homes have installed solar panels in your zip code, 46241. In your city, Indianapolis, 256 homes have installed solar panels. And in the state of Indiana, 987 homes have installed solar panels.

Installers

There are 5 solar installers that operate in Indiana. WattBuy recommends EnergySage, RGR Marketing, and Modernize.

Available Incentives

Upfront Rebates

EV Charger

Who

Program

Value

Max

Likely

AES Indiana

Residential EV Charger (Marketplace)

$250

—

—

AES Indiana

Residential EV Charger (Marketplace)

Value

$250

Max

—

Likely

—

AES Indiana

EV Charger Rebate

$100

—

—

AES Indiana

EV Charger Rebate

Value

$100

Max

—

Likely

—

AES Indiana

Marketplace Level 2 Charger Instant Rebate

$100

—

—

AES Indiana

Marketplace Level 2 Charger Instant Rebate

Value

$100

Max

—

Likely

—

U.S. Internal Revenue Service

Federal 30C - EV Charger Tax Credit

30% of cost

$1,000

—

U.S. Internal Revenue Service

Federal 30C - EV Charger Tax Credit

Value

30% of cost

Max

$1,000

Likely

—

Heat Pump

Who

Program

Value

Max

Likely

AES Indiana

Air source heat pump

$275–$575

$575

—

AES Indiana

Air source heat pump

Value

$275–$575

Max

$575

Likely

—

AES Indiana

Mini-split heat pump

$100–$725

$725

—

AES Indiana

Mini-split heat pump

Value

$100–$725

Max

$725

Likely

—

AES Indiana

Air source heat pump tune-up

$50

—

—

AES Indiana

Air source heat pump tune-up

Value

$50

Max

—

Likely

—

Bartholomew County REMC

Geothermal Heat Pump

$2,000

—

—

Bartholomew County REMC

Geothermal Heat Pump

Value

$2,000

Max

—

Likely

—

ORANGE COUNTY REMC

Geothermal Heat Pump

$2,000

—

—

ORANGE COUNTY REMC

Geothermal Heat Pump

Value

$2,000

Max

—

Likely

—

Bartholomew County REMC

Air Source and Dual Fuel Heat Pump - Tier 3

$500

—

—

Bartholomew County REMC

Air Source and Dual Fuel Heat Pump - Tier 3

Value

$500

Max

—

Likely

—

Bartholomew County REMC

Mini-Split Heat Pump - Whole Home

$500

—

—

Bartholomew County REMC

Mini-Split Heat Pump - Whole Home

Value

$500

Max

—

Likely

—

ORANGE COUNTY REMC

Air Source and Dual Fuel Heat Pump - Tier 3

$500

—

—

ORANGE COUNTY REMC

Air Source and Dual Fuel Heat Pump - Tier 3

Value

$500

Max

—

Likely

—

ORANGE COUNTY REMC

Mini-Split Heat Pump - Whole Home

$500

—

—

ORANGE COUNTY REMC

Mini-Split Heat Pump - Whole Home

Value

$500

Max

—

Likely

—

Bartholomew County REMC

Air Source and Dual Fuel Heat Pump - Tier 2

$400

—

—

Bartholomew County REMC

Air Source and Dual Fuel Heat Pump - Tier 2

Value

$400

Max

—

Likely

—

ORANGE COUNTY REMC

Air Source and Dual Fuel Heat Pump - Tier 2

$400

—

—

ORANGE COUNTY REMC

Air Source and Dual Fuel Heat Pump - Tier 2

Value

$400

Max

—

Likely

—

Bartholomew County REMC

Air Source and Dual Fuel Heat Pump - Tier 1

$300

—

—

Bartholomew County REMC

Air Source and Dual Fuel Heat Pump - Tier 1

Value

$300

Max

—

Likely

—

Bartholomew County REMC

Mini-Split Heat Pump - Single-Room

$300

—

—

Bartholomew County REMC

Mini-Split Heat Pump - Single-Room

Value

$300

Max

—

Likely

—

Bartholomew County REMC

HVAC Rebate Program

$300

$2,000

—

Bartholomew County REMC

HVAC Rebate Program

Value

$300

Max

$2,000

Likely

—

ORANGE COUNTY REMC

Air Source and Dual Fuel Heat Pump - Tier 1

$300

—

—

ORANGE COUNTY REMC

Air Source and Dual Fuel Heat Pump - Tier 1

Value

$300

Max

—

Likely

—

ORANGE COUNTY REMC

Mini-Split Heat Pump - Single Room

$300

—

—

ORANGE COUNTY REMC

Mini-Split Heat Pump - Single Room

Value

$300

Max

—

Likely

—

Bartholomew County REMC

HVAC Tune-up Service Incentive

50% of cost

$50

—

Bartholomew County REMC

HVAC Tune-up Service Incentive

Value

50% of cost

Max

$50

Likely

—

Ongoing Programs

EV Charger

Who

Program

Value

AES Indiana

IPL Managed Charging

$50/year + $150 enroll

AES Indiana

IPL Managed Charging

Value

$50/year + $150 enroll

AES Indiana

Managed EV Charging Rewards

$50/year + $150 enroll

AES Indiana

Managed EV Charging Rewards

Value

$50/year + $150 enroll

AES Indiana

Off-Peak EV Charging Rewards

$0.05/kWh off-peak (10pm

AES Indiana

Off-Peak EV Charging Rewards

Value

$0.05/kWh off-peak (10pm

Solar

Who

Program

Value

Indiana

IN SREC Program

$3/MWh (market)

Indiana

IN SREC Program

Value

$3/MWh (market)

How We Crunch the Numbers

1
We estimate every home's electricity usage based on data from a number of public and private data sources, including your electricity distributor and the Department of Energy.
2
We overlay key information about where you live, including weather and climate data about your region, and housing data like when your home was built and how big it is.
3
To figure out your home's carbon footprint, we look at how electricity is generated in your state, like whether your electricity is coming more from coal (very carbon-intensive) or wind (carbon-free).

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.