Solar in Franklin, IN
With Duke Energy Indiana's electricity at about 15.9¢ per kWh and 1,353 kWh of sun per kW, solar is not worth it for a typical Franklin home today: about a 17.7-year payback.
- Payback, typical home
- 17.7 yrsIndiana: 16.9 yrs
- 25-year net
- $8,559after paying $14,720
- Sun
- 1,353kWh per kW per year
- Electricity
- 15.9¢12% below U.S. average
A typical Franklin home, by the numbers
| Utility | Duke Energy Indiana |
|---|---|
| Electricity use | 992 kWh a month |
| Best-value system | 4.4 kW, about 10 panels, 5,952 kWh a year (50% of use) |
| Cost | $14,720 |
| First-year savings | $760 |
| Payback | 17.7 years |
| Exported power | Reduced export credit (Duke Energy Indiana) |
Cash purchase, no federal credit, 3.3% yearly rate increases. Run it with your own numbers.
Homes in Franklin
- Owner-occupied homes
- 66%
- Single-family detached
- 74%
- Median home value
- $232k
- Median year built
- 1994
- Population
- 26,168
- Roofs suitable for solar†
- 90%
Census ACS 2020–2024. †Share of 7,588 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Installers working in Franklin
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 Franklin
Is solar worth it in Franklin, IN?
For a typical home in Franklin, solar is not worth it at 2026 prices: a 4.4 kW system costs about $14,720 after state incentives, saves about $760 in year one and pays back in about 17.7 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Franklin?
About 1,353 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 2% more than the Indiana average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Franklin?
Most homes in Franklin are served by Duke Energy Indiana, at about 15.9¢ per kWh on average. Some areas are served by Johnson County Rural E M C, RushShelby Energy.
How much do solar panels cost in Franklin?
A fair cash price is around $3.05 per watt before incentives, so about $14,720 for a 4.4 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Greenwood 17.7 yrs
- Indianapolis 18 yrs
- Columbus 18 yrs
- Plainfield 17.9 yrs
- Lawrence 18 yrs
- Brownsburg 18.1 yrs
- Fishers 17.9 yrs
- Carmel 18.2 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.