Solar Panels in
Palmyra, IN

Updated 9/25/2021

How much do solar panels cost in Palmyra, IN in 2021?

As of September 2021, the average solar panel cost in Palmyra, IN is $3.02/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Palmyra, IN ranges in cost from $12,835 to $17,365, with the average gross price for solar in Palmyra, IN coming in at $15,100. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Palmyra, IN

System Size System Cost System Cost (after ITC)
3 kW $9,060 $6,704
4 kW $12,080 $8,939
5 kW $15,100 $11,174
6 kW $18,120 $13,409
7 kW $21,140 $15,644
8 kW $24,160 $17,878
9 kW $27,180 $20,113
10 kW $30,200 $22,348

2021 average solar panel cost graph in Palmyra, IN

for a 5kW system

Great Price
$12,835 or less
Market Average
$15,100
Above Market
$17,365 or more
Note: Showing cost data for Harrison County, IN.

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local IN incentives, tax credits & rebates.

Payback Period

12.56 Years

20-Year Savings

$19,926

Cost per Watt

$3.02

solar quote comparison on a computer

Learn how EnergySage helps you go solar

We are your solar allies. We provide a transparent and easy shopping process, and promise you’ll have all the information you need to go solar with confidence.

Learn more about EnergySage

Top solar installers in Palmyra, IN

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

See more solar companies in Palmyra, IN arrow icon
green calculator

Want a custom solar estimate for your home?