Solar in Evansville, IN
With Southern Indiana Gas & Electric's electricity at about 21.0¢ per kWh and 1,389 kWh of sun per kW, solar is a close call for a typical Evansville home today: about a 13.8-year payback.
- Payback, typical home
- 13.8 yrsIndiana: 16.9 yrs
- 25-year net
- $15,624after paying $13,445
- Sun
- 1,389kWh per kW per year
- Electricity
- 21.0¢17% above U.S. average
A typical Evansville home, by the numbers
| Utility | Southern Indiana Gas & Electric |
|---|---|
| Electricity use | 895 kWh a month |
| Best-value system | 3.9 kW, about 9 panels, 5,417 kWh a year (50% of use) |
| Cost | $13,445 |
| First-year savings | $911 |
| Payback | 13.8 years |
| Exported power | Reduced export credit (Indiana rule) |
Cash purchase, no federal credit, 3.3% yearly rate increases. Run it with your own numbers.
Homes in Evansville
- Owner-occupied homes
- 55%
- Single-family detached
- 64%
- Median home value
- $143k
- Median year built
- 1961
- Population
- 116,116
- Roofs suitable for solar†
- 77%
Census ACS 2020–2024. †Share of 37,971 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Older housing stock. Many homes here were built before 1975. Have the roof and electrical panel checked before signing; a roof or panel upgrade can add thousands. Roof first?
Installers working in Evansville
Public installation records for Indiana don't name installers, so we can't rank local companies here. Browse installers in Indiana.
Always verify the license and get at least three quotes. Compare quotes side by side.
Questions about solar in Evansville
Is solar worth it in Evansville, IN?
For a typical home in Evansville, solar is a close call at 2026 prices: a 3.9 kW system costs about $13,445 after state incentives, saves about $911 in year one and pays back in about 13.8 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Evansville?
About 1,389 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 4% more than the Indiana average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Evansville?
Most homes in Evansville are served by Southern Indiana Gas & Electric, at about 21.0¢ per kWh on average.
How much do solar panels cost in Evansville?
A fair cash price is around $3.05 per watt before incentives, so about $13,445 for a 3.9 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- New Albany 17.8 yrs
- Bloomington 18 yrs
- Terre Haute 17.8 yrs
- Jeffersonville 17.8 yrs
- Columbus 18 yrs
- Franklin 17.7 yrs
- Plainfield 17.9 yrs
- Greenwood 17.7 yrs
- All of Indiana
Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.