The cost of solar panels in Noblesville, IN (2025)

Updated Sep 9, 2025

  • You'll pay an average of $14,043 to install a 5 kilowatt solar panel system in Noblesville, IN, before incentives.

  • Act now: The federal investment tax credit (ITC) lowers the total cost of installing solar by 30%, but only until December 31, 2025—after that, it’s gone.

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Written by:Emily Walker

As of September 2025, the average solar panel system costs $2.81/W including installation in Noblesville, IN. For a 5 kW installation, this comes out to about $14,043 before incentives, though prices range from $11,937 to $16,149. The federal tax credit reduces this price by 30%, but only for systems installed by December 31, 2025. Starting January 1, 2026, this incentive disappears entirely—meaning you'll pay full price for solar installations.

Average price of a 5 kW solar panel installation in Noblesville, IN

Good Price
$11,937 or less
Market Average
$14,043
High Price
$16,149 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Noblesville, IN state incentives, which can lower costs by thousands of dollars—at least until the end of 2025.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $14,043 in Noblesville, IN, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill—if you install before the December 31, 2025 deadline.

Average solar cost by system size in Noblesville, IN

System Size
System Cost
System Cost (after ITC)
3 kW$8,426$5,898
4 kW$11,234$7,864
5 kW$14,043$9,830
6 kW$16,852$11,796
7 kW$19,660$13,762
8 kW$22,469$15,728
9 kW$25,277$17,694
10 kW$28,086$19,660

Are solar panels worth it in Noblesville, IN?

Solar panels are worth it in most areas, including Noblesville, IN. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $38,102 over 25 years (the warranty term of most solar panels) on electricity costs with an average-sized system in Noblesville, IN. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, electricity prices, state incentives, and inflation rates.

These estimates also include whether you have access to net metering or other solar buyback programs like net billing.

Payback Period
11.59 Years
25-Year Savings
$38,102
Cost-per-Watt
$2.81

If you can't shell out $14,043 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in IN, here are some popular suggestions:

  • Palmetto Solar
    Multi-state
    Established 2009
    Elite+ Installer
    Palmetto is leading the world into a clean energy future by making it easy for homeowners across the United State... 
    Elite+ Installer
    Screened & Verified
    4.6 /5.0
    348 Reviews

    Palmetto is leading the world into a clean energy future by making it easy for homeowners across the United State... 
  • YellowLite
    Multi-state
    Established 2009
    Elite Installer
    - Featured in Solar Power World's Top Contractors List for 10 Consecutive Years (2013-2022) - 3000+ Installation... 
    Elite Installer
    Screened & Verified
    4.5 /5.0
    85 Reviews

    - Featured in Solar Power World's Top Contractors List for 10 Consecutive Years (2013-2022) - 3000+ Installation... 
  • Bone Dry Solar
    Indianapolis, IN
    Established 2022
    Advanced Installer
    After more than 30 years of building a leak-proof reputation for home improvement excellence in Indianapolis, IN,... 
    Advanced Installer
    Screened & Verified
    4.5 /5.0
    8 Reviews

    After more than 30 years of building a leak-proof reputation for home improvement excellence in Indianapolis, IN,... 
  • Unrivaled Electric LLC
    Bloomington, IN
    Established 2020
    Approved Installer
    Unrivaled Electric is committed to superb customer service in all aspects of electrical services. We offer electr... 
    Approved Installer
    Screened & Verified
    5.0 /5.0
    4 Reviews

    Unrivaled Electric is committed to superb customer service in all aspects of electrical services. We offer electr... 
  • MPI Solar
    Bloomington, IN
    Established 2008
    Approved Installer
    we are your hometown solar experts! family owned, community focused small business with years of expertise in res... 
    Approved Installer
    Screened & Verified
    5.0 /5.0
    4 Reviews

    we are your hometown solar experts! family owned, community focused small business with years of expertise in res... 

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Noblesville, IN.

Act now to secure the federal tax credit

As long as your federal tax bill is high enough, you can still take advantage of the 30% federal tax credit in Noblesville, IN—but only if you install your system by the end of 2025.

This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. However, starting January 1, 2026, this credit disappears entirely, meaning you'll pay the full price for your solar installation.

The urgency is real: President Trump’s megabill was enacted in July 2025, officially ending the residential solar tax credit nearly a decade ahead of its original schedule. For a 5 kW system costing $14,043, you'll save thousands of dollars with the tax credit—savings that won't be available for installations completed after December 31, 2025.

Luckily, many states also offer great local incentives and rebates that can further reduce your costs—so there may still be opportunities to save on solar after this year.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

With the tax credit expiring, it's more important than ever to start the process early. Solar installations typically take 2-4 months from signing a contract to system activation, so don't wait until the last minute to begin the process.

As of September 2025, the average solar panel cost in Noblesville, IN is $2.81/W. If you install a 5 kW system it will cost you between $11,937 to $16,149, with an average cost of $14,043.

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