Solar in Kokomo, IN
With Duke Energy Indiana's electricity at about 15.9¢ per kWh and 1,318 kWh of sun per kW, solar is not worth it for a typical Kokomo home today: about a 18.1-year payback.
- Payback, typical home
- 18.1 yrsIndiana: 16.9 yrs
- 25-year net
- $8,103after paying $14,975
- Sun
- 1,318kWh per kW per year
- Electricity
- 15.9¢12% below U.S. average
A typical Kokomo home, by the numbers
| Utility | Duke Energy Indiana |
|---|---|
| Electricity use | 992 kWh a month |
| Best-value system | 4.5 kW, about 10 panels, 5,931 kWh a year (50% of use) |
| Cost | $14,975 |
| First-year savings | $757 |
| Payback | 18.1 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 Kokomo
- Owner-occupied homes
- 63%
- Single-family detached
- 70%
- Median home value
- $137k
- Median year built
- 1967
- Population
- 59,122
- Roofs suitable for solar†
- 78%
Census ACS 2020–2024. †Share of 15,619 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 Kokomo
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 Kokomo
Is solar worth it in Kokomo, IN?
For a typical home in Kokomo, solar is not worth it at 2026 prices: a 4.5 kW system costs about $14,975 after state incentives, saves about $757 in year one and pays back in about 18.1 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Kokomo?
About 1,318 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 1% less than the Indiana average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Kokomo?
Most homes in Kokomo are served by Duke Energy Indiana, at about 15.9¢ per kWh on average.
How much do solar panels cost in Kokomo?
A fair cash price is around $3.05 per watt before incentives, so about $14,975 for a 4.5 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Marion 16.7 yrs
- Westfield 18 yrs
- Noblesville 17.8 yrs
- Zionsville 17.9 yrs
- Carmel 18.2 yrs
- Anderson 16.4 yrs
- Fishers 17.9 yrs
- Lafayette 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.