Solar Panels in
Shelbyville, IN

Updated 9/18/2021

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

As of September 2021, the average solar panel cost in Shelbyville, IN is $3.12/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Shelbyville, IN ranges in cost from $13,260 to $17,940, with the average gross price for solar in Shelbyville, IN coming in at $15,600. 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 Shelbyville, IN

System Size System Cost System Cost (after ITC)
3 kW $9,360 $6,926
4 kW $12,480 $9,235
5 kW $15,600 $11,544
6 kW $18,720 $13,853
7 kW $21,840 $16,162
8 kW $24,960 $18,470
9 kW $28,080 $20,779
10 kW $31,200 $23,088

2021 average solar panel cost graph in Shelbyville, IN

for a 5kW system

Great Price
$13,260 or less
Market Average
$15,600
Above Market
$17,940 or more

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

13.40 Years

20-Year Savings

$19,494

Cost per Watt

$3.12

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Top solar installers in Shelbyville, IN

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